3. Statement by the Cabinet Secretary for Finance: The Wales Infrastructure Investment Plan Mid-point Review 2018

Part of the debate – in the Senedd at 2:44 pm on 1 May 2018.

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Photo of Nick Ramsay Nick Ramsay Conservative 2:44, 1 May 2018

Can I thank the Cabinet Secretary for his statement this afternoon? I think we all recognise that we do remain in a time of public spending constraints. We certainly in the Welsh Conservatives welcome proposals to invest in our economy and public services, despite those obvious challenges.

Can I just say in responding at the start to your statement, Cabinet Secretary—? On your point about UK funding, which you made at the start of your contribution and at the end, the almost obligatory comment now on funding cuts—. Yes, spending cuts, you're quite right to say have extended beyond the original cut-off of 2015 that was set out back in 2010. But if the alternative was deeper, yearly cuts, then I think I would probably stick with the Chancellor's current timescale rather than look at those cuts having been faster and deeper at the time. And we know that, yes, the deficit has taken longer to come down than was previously hoped, but the UK Government is getting there in that regard. Debt itself will soon be cut, not just the deficit, and that will, in the longer term, set the UK economy and the Welsh economy on a sounder footing, so you will have more money to invest in those important public services and infrastructure. [Interruption.] You might not agree with that, Lee Waters, but many people do agree with that.

Your statement covered a wide range of investment proposals and a wide range of spending areas. I will just touch on a few of them. I warmly welcome the proposals to continue developing the twenty-first century schools programme through the second band of funding, in partnership with local authorities across Wales. I recently visited the site of Monmouth Comprehensive School, due to open in September. It's a really impressive state-of-the-art building, which shows what can be achieved when Welsh Government works with Conservative local authorities such as Monmouthshire. It will extend opportunities for modern teaching and learning. While you've increased the funding available for twenty-first century schools, could you advise of any changes to the timescale of the next phase of the programme? Is that as was originally envisaged?

On house building, we recognise that there are growing pressures on the housing market, particularly in south-east Wales, and commentators are concerned with the removal of the Severn bridge tolls and the effect that that will have on local housing supply in Monmouthshire and other local authorities in south-east Wales. How confident are you that the funding you're providing for the development of affordable housing proposals, across certainly south Wales, will be met?

You touched on the Heads of the Valleys ongoing investment scheme. I had a tour of the new road—the Clydach gorge part of the road—a few weeks ago, and it's certainly a very impressive piece of infrastructure, which is widely welcomed, I know, by businesses and local people. However, of course, on the downside, it is coming in considerably over budget and considerably behind timescale, which is leading to delays far in advance of what was originally anticipated and were tolerable by local people. So, I think my question would be: in relation to that project and similar large infrastructure projects, what mechanisms are you putting in place to make sure that the taxpayer is getting value for money, that projects like this are delivered as efficiently as possible and that there is proper scrutiny on the public purse? I know that, in future, the Public Accounts Committee, which I chair, will look at spending like this, but I'm thinking, in the meantime, what is being done at this moment in time to make sure that that spending is efficient?

I don't think you mentioned the critical care centre—I might be wrong—currently being developed in Cwmbran. That's another project on which there has been significant delay. However, it is now going up and, again, looks like an impressive building. So, could you, just at this mid point in your infrastructure programme, guarantee that that will open on the timescale that we are now looking at?

Can I finally say, as well as mentioning UK spending cuts, you also mentioned the obligatory Brexit, which features in many statements and debates—we've got another one tomorrow, I think—in this Chamber? I appreciate your concerns about Brexit and that it creates some uncertainty for your Government, but I would point out that that wasn't a decision of the UK Government; that was a decision of the UK people and the decision of, actually, a majority of the Welsh people. It probably wasn't the decision of a majority of my constituents or probably yours in Cardiff West, but it certainly was a decision that the Welsh people took. Do you not agree, Cabinet Secretary, that, rather than constantly bemoaning the effects of this, it is for the UK Government and the Welsh Government to now get on with delivering a stronger economy in the light of what's happening? I think the people of Wales will be looking to you to set forward a positive vision for the future that will take Wales where we need to go at this important juncture in our history.