David Jones
Main Page: David Jones (Conservative - Clwyd West)Department Debates - View all David Jones's debates with the Wales Office
(8 years, 1 month ago)
Commons ChamberThe south Wales metro links will clearly be important to the hon. Gentleman’s constituency, but it should be borne in mind that the amount invested in the Cardiff capital region city deal is £1.2 billion, of which less than 8% is currently earmarked as EU funding, and that the Government have already committed £500 million to that development. I think the hon. Gentleman should be talking up the prospects for the economy of south Wales, rather than highlighting the deficiencies that he sees in the current funding arrangements.
2. What assessment he has made of the potential consequences for Wales of the outcome of the EU referendum.
4. What assessment he has made of the economic effect on Wales of UK membership of the EU.
The British people have voted to leave the European Union, and my right hon. Friend the Prime Minister has made it clear that their will must be respected and delivered. We are now preparing for a negotiated exit from the EU, which will involve close engagement with all the devolved Administrations to ensure that the interests of all parts of the United Kingdom are protected and advanced.
Structural funding for Wales is guaranteed until 2020. Given the substantial budgetary savings that will be made after British withdrawal from the EU, can my right hon. Friend confirm that his office will make every effort to ensure that the current level of funding will continue until at least that date?
The Government have a strong record in guaranteeing funds for Wales, most notably the Barnett floor, which was ignored for 13 years by Labour. That demonstrates that we will work hard in prioritising the areas of the UK that rightly need and deserve support.