5. 4. UKIP Wales Debate: The Impact of the EU Referendum on Tata Steel

Part of the debate – in the Senedd at 4:48 pm on 6 July 2016.

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Photo of David Rowlands David Rowlands UKIP 4:48, 6 July 2016

Well, that’s what’s happening. [Interruption.] That’s what’s happening. [Interruption.] It’s a consequence of not having the industry. The answer lies in the fact that, after 17 years of Labour rule in this institution, and for many years with a Labour Government in Westminster, we qualified for those grants—. I’m sorry, I’ll just repeat this, because I was interrupted.

We have heard ad infinitum from Members of this Assembly of the catastrophe that will befall the Welsh economy if we do not receive EU grant money or, of course, the equivalent money from the UK Government following Brexit. If this is true we must ask the question ‘why?’ The answer lies in the fact that, after 17 years of Labour rule in this institution, and for many years with a Labour Government in Westminster, we qualified for those grants because we are still one of the poorest regions of Europe. Many of the Members of this Assembly act as if this European money is the lifeblood of this nation. They ignore the fact that all the moneys we receive from Europe are dwarfed by the sums we get from the Barnett formula, even with its evident deficiencies. [Interruption.] We in UKIP are confident that if the parties of the house act in concert with the other parties, as we have all pledged to do, we will get funding from the UK Government that will match—no, exceed—that which we receive from Europe.

We in UKIP, unlike most of the opposition in the Assembly, believe we can trust our own Welsh and British politicians in Westminster rather than a collection of unaccountable, undemocratic foreign commissioners in Brussels, and it is through our own auspices that Tata Steel will have the prospect of surviving for many years to come. Thank you.