Ranil Jayawardena
Main Page: Ranil Jayawardena (Conservative - North East Hampshire)Department Debates - View all Ranil Jayawardena's debates with the Cabinet Office
(6 years, 3 months ago)
Commons ChamberI, too, congratulate the hon. Gentleman on his significant birthday. The Under-Secretary of State for Wales, my hon. Friend the Member for Pudsey (Stuart Andrew), and I meet Welsh farming unions regularly, and we also meet them jointly with the Welsh Government’s Agriculture Minister. That demonstrates the collaborative approach that we are taking. If I have said once, I have said 100 times that we will not be using the Barnett formula to distribute agricultural spend. Clearly, the current level of spend is the starting point, and we will be consulting in due course. The financial protection that the UK Government have given to Wales, whereby Wales now receives £120 for every £100 spent in England, demonstrates the priority that we put on protecting Wales’s interests.
My Department continues to work closely with the Department for International Trade on promoting Wales’s trading opportunities. During my recent trips to Qatar, Kuwait, Hong Kong and the US I saw at first hand the enthusiasm for Welsh exports as well as the potential for foreign direct investment projects to come to Wales.
Given Wales’s connectivity on the M4 corridor, does my right hon. Friend agree that we can truly capitalise on trading opportunities internationally for Wales and, indeed, the Thames valley by improving the Reading to Gatwick road corridor?
My hon. Friend will be aware that I have been a strong supporter of the third runway at Heathrow because it is important to the Welsh economy, and connectivity to airports is vital to deliver its prospects and objectives. He is right about the M4 corridor. With the abolition of the Severn tolls, it creates an opportunity for a natural economy to develop between Bath, Bristol, Newport and the south Wales economy in general, to create further economic growth.