Guto Bebb
Main Page: Guto Bebb (Independent - Aberconwy)Department Debates - View all Guto Bebb's debates with the Leader of the House
(11 years, 4 months ago)
Commons ChamberPerhaps I should reiterate what I said to the shadow Leader of the House. It is very straightforward: the Home Secretary has published in the Command Paper the Government’s conclusions on the opt-out—last October, she made it clear that the Government’s policy was to opt out and then decide whether, and to what extent, to opt back in—and policy conclusions. Monday’s debate will enable the House to respond to that and to vote in support of the opt-out, but to note that we are entering negotiations that will lead to a vote in 2014 on the extent of the opt-in.
For a decade or more, many parts of Wales have received European money at the highest intervention rate, with little obvious effect on the economy. In view of the UK Government’s generous settlement for Wales—again—and the latest round of EU funding, may we have a debate on the effectiveness of EU funding in helping the GDP of areas such as Wales and other parts of the United Kingdom?
My hon. Friend makes an important point. There were many happy consequences of the Prime Minister’s negotiating success in the budget negotiations. One was to reduce the overall size of the budget, and another was to give us the flexibility we are looking for, and focus on, improving our international competitiveness, and Wales will receive more than €2.145 billion in European funding from 2014 to 2020. We are focusing those funds on regions with lower GDP per capita, and using the full flexibility available. Among other things, that will provide west Wales and the valleys with an increase of €91 million compared with what the allocation would have been by applying the European Union formula alone.