Guto Bebb
Main Page: Guto Bebb (Independent - Aberconwy)Department Debates - View all Guto Bebb's debates with the Wales Office
Shared Prosperity Fund: Wales
Guto Bebb Excerpts(5 years, 11 months ago)
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Ian C. Lucas
It is interesting, isn’t it? The EU rules apply EU-wide, so there is a certain logic in a UK prosperity fund having UK rules that apply across a single market within the United Kingdom. I would not want a race to the bottom as a result of rules being applied differently in different countries of the United Kingdom, so I understand the argument for applying a single set of rules so that we do not have state aid in one area being weighed against another—just as the same general EU rules have applied across the UK despite devolution.
This debate is an important one, but we have not had it yet. That was a big mistake, because we could have spent the past 18 months or two years discussing these hugely important issues. I would like that to start today, and I will be very interested to hear the contributions of colleagues.
Guto Bebb (Aberconwy) (Con)
The hon. Gentleman is right to say that this is important. The issue is of concern to local authorities and further education colleges in north Wales, but does he agree that, as a result of the efforts to get the north Wales growth deal on board, it is at least being discussed by the relevant stakeholders there? It is therefore a very opportune moment to ensure that comments made in north Wales are listened to, both in Westminster and in Cardiff Bay.
Ian C. Lucas
The hon. Gentleman has read my speech, too—I was planning to go on to the north Wales growth deal. I am passionate about regional policy and devolving powers to the nations and regions, but the Government should be giving a lead. It is their responsibility to compensate for market failures with engineering investment to improve a part of our economy that the market on its own would leave behind.
There is agreement across the political spectrum that the present system has not worked as it should for the benefit of all the nations and regions of the UK. We need to reflect on the result of the referendum and ask why investment from the structural funds, for example, has not achieved as much as we would all have liked.