Owen Smith
Main Page: Owen Smith (Labour - Pontypridd)Department Debates - View all Owen Smith's debates with the Cabinet Office
(5 years, 7 months ago)
Commons ChamberI have already pointed out that Wales is fourth out of any UK nation or region in terms of being successful in gaining grants from the industrial strategy challenge fund. Swansea University’s project for the active home is world-leading, using the latest materials to develop energy-positive properties, and just down the road from the hon. Gentleman’s constituency is Pembroke Dock marina. These are exciting areas of policy from which his constituency can develop and take opportunities.
I have regular discussions with the Welsh Government on a range of issues, including the UK shared prosperity fund. Officials have also already held useful preliminary discussions with their Welsh Government counterparts, and they will of course continue.
A lot of people in Wales are worried that the shared prosperity fund is just a sneaky Tory plot to steal back a measure of devolution and cut our funds again. Will the Secretary of State reassure the House that that is not true? Will he start by telling us whether we will get £370 million in the first year of the shared prosperity fund?
Ensuring that all parts of Wales benefit from the UK shared prosperity fund is central to our approach. I hope the hon. Gentleman agrees with stakeholders throughout Wales, be they from businesses or local authorities, that there is a better way to deliver regional support than following the current model, which comes from the European Union. The hon. Gentleman seeks to tempt me to pre-empt the comprehensive spending review, which will of course talk about the quantum of the sum available.