6. 6. Statement: Circuit of Wales

Part of the debate – in the Senedd at 4:08 pm on 27 June 2017.

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Photo of Adam Price Adam Price Plaid Cymru 4:08, 27 June 2017

In one fell swoop, we’ve gone today from being the future location of the Circuit of Wales to the endless location of the circus of Wales, because we are now an international laughing stock as a result of the shamateurism displayed by the Government. Now then, there must be a day of reckoning, I’m afraid, for the mistakes that have been made, but today let’s focus on the questions.

Can he say when he first received advice that the Welsh Government was exposed to more than 50 per cent of the risk, and when he was told by ONS and Treasury this meant that the project could be on balance sheet? Is he aware that one of the most senior officials involved in the project wrote to Aviva on 14 June and said, and I quote, ‘The good news is that at the moment there does not appear to be any showstoppers’? Are we really led to believe that the Government was not aware of the balance sheet issue on 14 June, but that became the mother of all showstoppers just 13 days later? Either you’d left it to the very last minute after six years of deliberation and £50 million had been spent, including £9 million plus of public money—in which case this is the most serious case of negligence in the sorry history of this Government—or you did know, in which case Aviva were misled. According to another e-mail in my possession from Aviva, this would not be the first time, as they claim that the statement made at the time of the first rejection in April 2016 does not, in fact, reflect the true facts of the matter. If that’s true, that will have not just the most serious political consequences, but also legal ones. So, can the Cabinet Secretary say what provision has he made for any legal charges or costs that may result from any litigation that is likely to be brought by the partners?

On the jobs figure, can he say what the jobs figure was that the company provided in its submission? Because in a statement this afternoon, they say it was not 6,000 as he claims in his statement. Whatever that figure—[Interruption.] Well, I am asking him if he can respond to the statement they’ve made this afternoon. Whatever that figure is, you say in your statement that your own due diligence came up with a different figure for the total combined between the circuit and the technology park. Can you say what that figure is? And will he now publish the external due diligence as opposition parties have asked, so we can see the full facts of the case?

Finally, he said that he’s made every effort in this case. Did he actually contact the investors, Aviva, FCC—the construction company—and the Heads of the Valleys Development Company when this problem was identified, in order to try and resolve it? That’s what I would call making every effort to implement this project and its potential.

Finally, on the TVR issue, TVR have said that,

‘The proposed factory site we have selected for TVR in Ebbw Vale was strongly influenced by the potential siting of the Circuit of Wales project’.

That’s in a letter to him. Can he say categorically today that TVR will still be based, not in Wales, but in Ebbw Vale and if he can’t will you resign?