Shared Prosperity Fund Debate
Full Debate: Read Full DebateDepartment: Ministry of Housing, Communities and Local Government
Jonathan Edwards
Main Page: Jonathan Edwards (Independent - Carmarthen East and Dinefwr)Department Debates - View all Jonathan Edwards's debates with the Ministry of Housing, Communities and Local Government
Shared Prosperity Fund
Jonathan Edwards Excerpts(5 years, 7 months ago)
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Jonathan Edwards (Carmarthen East and Dinefwr) (PC)
It is a pleasure to serve under your chairmanship, Sir David. I congratulate the hon. Member for Barnsley Central (Dan Jarvis) on securing this important debate.
The communities I serve are among the poorest parts of the European Union. According to Eurostat, we have a GDP ratio of only 68% of the EU average, whereas the corresponding figure down here in London—the richest part of the European Union by a country mile—is 614%. There are several reasons for that grotesque difference, but British Government policy is a key factor. Public spending per head in London is higher than it is in Wales, while infrastructure spending in London dwarfs the crumbs offered to my country. The trickle-down economics pursued by successive British Governments has failed the communities I serve.
Wales is not alone. Nine of the 10 poorest parts of northern Europe are within the British state. Every single nation and region within the British state, apart from London and the south-east of England, runs a deficit to the UK Treasury. The UK has a chronic under-productivity problem, as many hon. Members have already said. The easiest way to tackle that would be to target investment at the poorest parts of the British state.
My county of Carmarthenshire has hugely benefited from European structural funds. During the 2014-2020 programme, EU funds have so far assisted 611 enterprises, created 130 enterprises, generated 884 jobs, supported 877 people into work and helped 3,557 people to gain qualifications. Of all the nations and regions in the British state, west Wales and the valleys has the most to lose.
In the absence of any commitment from the British Government, Plaid Cymru has produced its own model for post-EU regional funding. Our approach is based on a few simple principles. First, we should receive not a penny less than what would have been available through future funding, as the people of Wales were promised during the referendum campaign. Secondly, decisions about Welsh funding should be made in Wales. A power grab of any nature that undermines the Welsh constitution will be met with fury. I hope the British Government are alive to the problems that they are brewing for themselves in my country.
Thirdly, the new framework must be ready to take over seamlessly from the end of EU structural funds. Fourthly, funds should be pre-allocated and not subjected to a competitive bidding process, which would inevitably mean that the poorest parts of the British state lose out. Finally, we believe that the programme funding in Wales should continue to meet the goals of European structural funds, including streams relating to employability and economic development.