8. Welsh Conservatives debate: 'Prosperity for All'

Part of the debate – in the Senedd at 5:42 pm on 24 January 2018.

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Photo of Andrew RT Davies Andrew RT Davies Conservative 5:42, 24 January 2018

Thank you very much, Presiding Officer. It's a pleasure to rise to move the motion on the order paper today in the name of Paul Davies, looking at, obviously, the 'Prosperity for All' economic action plan that the Welsh Government laid before the Assembly and presented to the people of Wales just before the Christmas recess. It has had a fair degree of scrutiny, this document, and it's had three previous documents before it that, obviously, successfully laid out economic policy from previous Welsh Labour Governments that sought to outline economic activity, economic opportunity and prosperity for Wales. It is fair to say that all three failed to live up to the expectations that they sought to achieve. When you look at the hard facts of gross value added, for example, in the 20 years of Labour Government in Wales, GVA has gone up by 0.5 per cent in the 20-year period. If you look at wages, for example, which are another key indicator, a Scottish worker would have started at the same level of pay as a Welsh worker in 1999; today, that same Scottish worker is taking home £49 a week more in their pay packet than a Welsh worker.

No-one wants economic inactivity, no-one wants economic failure. It is an important role of Government to work with communities and work with businesses to deliver those opportunities, but it is fair to say that it is difficult to imagine how this document will differ from the three predecessors that sought to liberate many of the communities across Wales and spread the wealth of Wales more equally around Wales so that communities do not feel left behind. As I look across the Chamber, I can see the Member for Ynys Môn in front of me, and, regrettably, Ynys Môn, for example, has the lowest GVA in the country, it does. If you come down to the south, an area I represent, the capital city of Cardiff, which has benefited from realignment of opportunities through the Cardiff Bay regeneration that's gone on, to the financial service sectors—. But if you look at Cardiff as a capital city against the other capital cities of the UK—Belfast, Edinburgh and London—Belfast, our nearest rival, if you like, on GVA measurement, has a £5,000 a head advantage over Cardiff. If you it take against Edinburgh, you're talking £7,000 a head advantage. And then if you take London, which I take is a separate economy entirely, a £10,000 to £12,000 a head advantage. Those sorts of sums, after 20 years of devolution, really shouldn't be in existence, and the Welsh Government really should be more imaginative and bolder in the way that it's putting forward its economic policies to try and make up some of that ground.