Geraint Davies
Main Page: Geraint Davies (Independent - Swansea West)Department Debates - View all Geraint Davies's debates with the Wales Office
(3 years, 8 months ago)
Commons ChamberMy hon. Friend makes a very interesting point, particularly at a time when the Welsh Government are sitting on over £1 billion of unallocated Barnett funding, and so many businesses and institutions in Wales are crying out for support. As the Under-Secretary of State for Wales, my hon. Friend the Member for Monmouth (David T. C. Davies) said, we respect the devolution settlement and it is right that we should. However, if people are concerned, they have an opportunity to change this one-party state at the Senedd elections next May.
The House needs only to look at the £30 million loan we secured for Celsa to see our commitment to Welsh manufacturing industry. We also provided over £2 billion in direct support to businesses in Wales, and our 10-point plan for a green industrial revolution will mobilise £12 billion of Government investment to stimulate manufacturing across the whole of the UK.
The delays in the Brexit deal, alongside the pandemic, have meant that the Welsh steel industry has been hit hard, Airbus has lost 1,400 jobs, Grenadier cars will be produced in France instead of Wales, and even Brains brewery is up for sale. Will the Secretary of State now press the Chancellor for a sector-specific manufacturing strategy, in the knowledge that only UK Governments can borrow in the long term at low interest rates to secure long-term pre-pandemic production levels after the vaccine is deployed and after the deal is agreed?
The Chancellor’s contributions to the companies that the hon. Gentleman mentioned, as well as to Celsa, which I mentioned in my answer, have been second to none. We have had a very good, robust and thorough exchange with all the businesses to which the hon. Gentleman referred. I could not agree with him more that part of the covid recovery programme is there to ensure not only that we get through the next few months but that there are sustainable futures for all those industries, particularly steel. I hope the hon. Gentleman recognises the fact that we were quick off the blocks to rescue Celsa—and 600 to 800 jobs—in that process right at the beginning of the pandemic. That shows beyond reasonable doubt that we are absolutely committed to a steelmaking footprint in Wales.