7. 7. Plaid Cymru Debate: The Economy and Brexit

Part of the debate – in the Senedd at 4:12 pm on 7 June 2017.

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Photo of Mark Isherwood Mark Isherwood Conservative 4:12, 7 June 2017

Diolch, Llywydd. The Prime Minister has made it clear that the current devolved settlement must be respected as funding schemes and initiatives are returned from the European Union, and that there will be no land grab on competencies. She’s also stated this means strengthening the devolution settlements,

‘But never allowing our Union to become looser and weaker, or our people to drift apart.’

This Plaid Cymru motion notes the result of last year’s referendum—a referendum in which the people of Wales voted to restore UK control over border, laws and money. I therefore move amendment 1, noting the Prime Minister’s commitment to securing the best Brexit deal for Wales and the United Kingdom; welcoming the UK Conservative Government’s guarantee that there will be no roll-back of powers from the devolved administrations, and that decision-making powers in Wales will be increased; recognising the importance of Wales and the United Kingdom, embracing the trade and economic opportunities presented by leaving the European Union; and supporting the UK Government’s plan to introduce a United Kingdom shared prosperity fund.

In terms of tax devolution, we must note that only 13 per cent of taxpayers in Wales fall into the higher top tax rates, compared to 30 per cent across the border, and be careful about how we incentivise accordingly.

Plaid Cymru, of course, exists to divide the British people and destroy our UK. We must instead embrace the opportunity for our United Kingdom to become an outward-looking global trading nation. As the Prime Minister has said,

‘I want us to be a truly Global—’