Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Geraint Davies Excerpts
Wednesday 17th October 2012

(12 years, 1 month ago)

Commons Chamber
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Stephen Crabb Portrait Stephen Crabb
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My hon. Friend is exactly right: it is vital that the two Governments—the UK Government and the Welsh Government in Cardiff—work together on a range of issues, not least the success of enterprise zones. I am committed to doing that, and I look forward very much to my first meeting with the Welsh business Minister, Edwina Hart, which is to take place shortly.

Geraint Davies Portrait Geraint Davies (Swansea West) (Lab/Co-op)
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The Minister will be aware that having the Bristol enterprise zone alongside the tolls on the gateway to the south Wales economy is a major impediment to inward investment and growth. Will he therefore ask Treasury colleagues to commission a study to see whether a reduction in the tolls would be more than compensated for by an increase in income tax resulting from new jobs created by inward investment?

Stephen Crabb Portrait Stephen Crabb
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My right hon. Friend the Secretary of State is to discuss tolls on the Severn bridge with our right hon. Friend the Secretary of State for Transport this afternoon. No decisions have been made beyond 2018, when the current concession ends. Clearly there is a lot to discuss in relation to how we maximise the benefits of inward investment in Wales.