EU Membership: Economic Benefits

Kevin Barron Excerpts
Wednesday 15th June 2016

(7 years, 10 months ago)

Commons Chamber
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Kevin Barron Portrait Kevin Barron (Rother Valley) (Lab)
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My hon. Friend is right. After the miners’ strike in the mid-1980s, the running down of coal mining in my constituency and many others in South Yorkshire devastated the local economies, which were fragile even when mining was taking place. Thousands of jobs were lost not only in coal mining but in supply industries. The objective 1 programme, which was introduced in 2000 and ran for six years, put some £2.4 billion into not only jobs and skills but health, neighbourhood renewal and housing. More than £820 million of that came from Europe, and without it south Yorkshire would not be what it is today. Many Ministers travel to places like the advanced manufacturing park, but they would not be able to go there if Europe had not taken the lead in the regeneration of poor areas in the UK. Such places just would not be there.

Nic Dakin Portrait Nic Dakin
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My right hon. Friend is completely right about the power of the European Union in assisting us in regenerating areas of the countries like his so that there can be a renaissance and they can move forward.

I echo the reference that has been made to Siemens, which is an important employer in my region, with a base in Lincoln and developments in Hull. It has said:

“Siemens believes that being part of the EU is good for UK jobs and prosperity and we have concerns about the possible effects of a vote to leave.”

The company is investing in new wind power and renewables, which bring a lot of opportunities for steel. We should not take any risks with that future.

There is a massive choice about our future before the nation. In making that choice, I hope that everyone thinks it through very carefully. We respect the view of the British people, and I hope very much that they vote to remain.