Mark Drakeford: Llywydd, I've lost count of the number of times in the Chamber that I've heard the Member assure us that a deal would be the easiest thing in the world to bring off because German car manufacturers and everybody else in the European Union would be so desperate to do a deal that it would be brought off with hardly any effort at all. I find it very difficult to square his views in that regard...
Mark Drakeford: Well, I reject the language of giving in and the approach that the Member suggests. The Welsh Government has articulated the sort of deal that we believe is in the best interests of people and businesses in Wales: a deal in which we have full and unfettered access to the single market, in which we will remain in a customs union, in which Welsh businesses, Welsh public services and Welsh...
Mark Drakeford: May I thank the Member very much for the question? This Act ensures that public bodies in Wales take account of our long-term well-being. 'Planning Policy Wales' is to be revised in light of the Act. It will be a material consideration for decisions made by the Secretary of State in electricity infrastructure matters.
Mark Drakeford: Thank you very much, Rhun ap Iorwerth, for what you said. I know of the work that you have done in the context of the island on this issue. We as a Government are working more closely with the local councils on the issues that he has alluded to. Now, I was pleased to see the statement from the National Grid. So, they have made a statement on well-being, where they state, in the context of the Act,
Mark Drakeford: 'While these do not specifically place requirements on the National Grid or the development of new transmission lines, National Grid believes that the aims of the Act are important and deserve consideration.' So, there is some recognition there by the National Grid of the impact of the Act. The Act is binding as far as the local council is concerned. The Secretary of State will be...
Mark Drakeford: Well, Llywydd, these matters are, essentially, for my colleague Ken Skates, rather than for me as finance Minister, but I agree with what the Member said about the need for an efficient and reliable electricity infrastructure, not simply for the Wylfa Newydd development, but for the broader agenda that is there for Anglesey as an energy island. I can give him an assurance that officials of...
Mark Drakeford: We are developing the detailed operation of the EU transition fund in partnership with Welsh businesses, public services and other key organisations, to help them prepare for Brexit. Discussions of potential terms and conditions of the fund formed a major agenda item at last week’s meeting of the European advisory group.
Mark Drakeford: I thank the Member for what she's had to say. We had earlier questions this afternoon, Llywydd, about the way in which the UK Government organises itself around the Brexit matter. The sorry story of access for Members to the so-called leaked reports would have disgraced Clochemerle, let alone a UK Government. I share the view of Anna Soubry, myself. [Interruption.] I share the view of Anna...
Mark Drakeford: Well, I'll make two points, Llywydd. The first is that the people who made these estimates are the people that the UK Government chose to make these estimates. They're not some group of people who simply set themselves up for the purpose. They are the people that your Government decided were the best-placed people to give them this advice. Of course, when they come up with advice that doesn't...
Mark Drakeford: I thank the Member for the question. Agreement has been reached with the UK Government that landfill disposals tax will go live on 1 April this year. A number of landfill sites have already applied to register with the Welsh Revenue Authority, and feedback on the registration process and the guidance produced by the authority has been positive.
Mark Drakeford: Can I thank the Member for drawing attention for the communities scheme in the landfill disposals tax? It is a very important part of the way we are doing things in Wales, and members of the Finance Committee took a particularly keen interest in it. The fact that we have a five-mile zone that now includes waste transfer stations, as well as landfill sites, was one of the changes that was made...
Mark Drakeford: Well, David Melding is absolutely right that the border is a very significant issue in landfill disposals tax. Waste tourism, which some of us became familiar with during the passage of the Bill, is a genuine risk, and it is why I said, in setting rates and bands for this tax, that we would not diverge from rates and bands across our border for at least the first two years. We have already...
Mark Drakeford: Llywydd, no additional funding will be required for the budget period in which capital plans have been set out, and no money will be allocated until the outcome of the local public inquiry.
Mark Drakeford: Well, Llywydd, I don’t, myself, find it surprising that the M4 relief road is not referred to in the Cardiff capital deal document, because funding the metro is actually a specific and major component of that deal, and the funding that underpins it is already set aside for metro development. Let me be clear on the position as far as capital borrowing is concerned. The Welsh Government was...
Mark Drakeford: Making sure that there is transport infrastructure that allows people and business to be moved effectively across Wales is, of course, important to our future, and that's at the heart of the public inquiry. Does the answer always have to be building more roads? Well, of course it doesn't have to be. That's why we are investing in the metro, to which Jenny Rathbone made reference. So, the...
Mark Drakeford: The city region continues to work with the Welsh and UK Governments to move the deal into the next phase. That is a delivery phase, and that will unlock Government funding.
Mark Drakeford: Well, the loan aspect, if I'm understanding the Member's question correctly, will be borne by the local authority, because prudential borrowing was always part of the contribution that local authorities were to make to the deal. When the deal was struck, and the financials of it were very carefully scrutinised both by the Welsh Government and by the UK Government, the ability of local...
Mark Drakeford: Llywydd, one of the things that were on the face of the city deal for Swansea bay was a contribution coming from the private sector and the role that the private sector would play when the deal was designed and planned. Now, I am looking forward to the appointment of the chair of the economic strategy board, which will be key to the deal, and that chair will come from the private sector. So,...
Mark Drakeford: I'm very happy to confirm to the Member that the £125.4 million that we put on the table to get the deal to its conclusion is still available. I am very committed, and as I said to Angela Burns, to do everything we can to assist the deal to move into the next phase so that money that is available can be put to work to support the commitment that I know is there amongst the local population...
Mark Drakeford: I thank the Member for that question. The new fiscal framework secures £1 billion-worth of capital borrowing powers, as I've set out before the Finance Committee and in this Chamber. My intention is always to maximise the use of the least expensive forms of capital before proceeding to more complex and expensive kinds of investment.
