Leaving the EU: Infrastructure in Wales
Debate between Stephen Doughty and Nick Thomas-Symonds(7 years, 10 months ago)
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Stephen Doughty
We do not always agree on everything, but I absolutely agree with the hon. Gentleman on that—particularly when we see very different visions emerging from members of the Cabinet as to what a post-Brexit UK and Wales might look like. We heard the Chancellor of the Exchequer suggest in Germany that the UK is going to have a race to the bottom and be a completely deregulated tax haven on the fringes of Europe. That is not what I believe the people of Wales voted for. They voted for a strong economy with strong rights. They might have had different views on immigration or the democratic deficit there has been in parts of the EU, but they did not vote for a race to the bottom or for us turning into some sort of Gibraltar or one of our overseas territories on the fringes of Europe.
Leaving the EU will have a significant impact on the funding and development of infrastructure in Wales. We all know of examples in our constituencies of where European funding has delivered results, whether that is in community facilities in Butetown in my constituency, road infrastructure or science and innovation in our universities. We have no clear answers as to what will happen to that infrastructure support for Wales post-2020 and what will replace it. Businesses and investors need certainty about the infrastructure and environment that will support their long-term decisions, so it is vital that we have greater clarity. We need clarity in particular on issues such as loans made by the European Investment Bank, which I will come on to, and the specific assessment criteria that will be used to guarantee funding for projects signed after the autumn statement but while we remain a member of the EU.
I am sure that many hon. Members will mention individual projects. I will give some examples. EU funding in recent years has supported many infrastructure projects—for example, through £40 million towards Swansea University’s new Bay campus; nearly £4 million towards the development of the Wales coastal path; £9 million towards Rhyl harbour; and the dualling of the A465, the “heads of the valleys road”. Many prospective infrastructure projects are yet to be properly finalised, such as the Swansea Bay city deal, the North Wales growth deal, the tidal lagoons and the South Wales metro, which I raised in a previous debate and is of great concern to my constituents in Cardiff South and Penarth. Of course, the uncertainty around those projects has not only been caused by the referendum result; there are other factors at play, but that is a crucial part of whether those projects go forward.
Nick Thomas-Symonds (Torfaen) (Lab)
It is a pleasure to serve under your chairmanship, Mr Flello. My hon. Friend talks about specific projects. I particularly have in mind the £106 million that is earmarked from the European regional development fund for phase 2 of the South Wales metro. Does he agree that, for projects such as that, it is all about certainty, and that it is in the hands of the UK Government to provide that certainty?
Stephen Doughty
I absolutely agree. It is about not only certainty of the funding for projects but managing the growth of rapidly growing areas in south Wales. In my own city of Cardiff in particular, we need to know that we are going to have the transport infrastructure to cope with the anticipated demand. The South Wales metro is crucial to that.
EU Referendum: UK Steel Industry
Debate between Stephen Doughty and Nick Thomas-Symonds(8 years, 4 months ago)
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Stephen Doughty
My right hon. Friend makes a crucial point. The industry, its workers and all of us want to hear categorical assurances from the Minister today about action. We do not want to hear more platitudes and warm words. Particularly with the uncertainty, there is a real danger that the answer to our many questions will be, “We don’t know. Wait for the new Prime Minister and the new Government.” Well, the steel industry cannot afford to wait. It could not afford to wait before, and we now need real assurances. This is a matter of national significance.
Nick Thomas-Symonds (Torfaen) (Lab)
It is a pleasure to serve under your chairmanship, Mrs Gillan. I warmly congratulate my hon. Friend the Member for Cardiff South and Penarth (Stephen Doughty) on securing this debate. He is rightly talking about securing concrete action from the Government. Does he agree that one idea would be for the Government to redouble their efforts to ensure that British steel is used in procurement projects, both in the supply chain and in headline contracts?
Stephen Doughty
I absolutely agree. The fundamentals of this debate have not changed. It is about the action being taken on energy costs, on the UK steel industry’s terms of trade, on unfair dumping, on the additional risks now being created by the uncertainty about our future trading relationships and, indeed, on the crucial question of procurement.