4. Statement by the Minister for Economy and Transport: Preparing the economy in Wales for a 'no deal' Brexit

Part of the debate – in the Senedd at 4:00 pm on 1 October 2019.

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Photo of David Rowlands David Rowlands UKIP 4:00, 1 October 2019

Thank you. They say they believe in democracy, but deny the largest democratic exercise in British political history, and continue to call for a people's vote so that people who voted 'leave' are left asking themselves, 'Are we not people?' Does the Minister not agree with me that the Labour Party at Westminster has now become a party of vacillation, calling for one thing on one day and something entirely different the next? No wonder Nigel Farage says the Labour Party are now a party more akin to Islington than Islwyn.

When they had the opportunity for a general election, quite frankly, they bottled out. Why? Because they now find their stance on Europe and the denial of the legitimacy of the referendum vote has made them deeply unpopular with many of their hitherto loyal supporters. If, as Labour continually contends, the referendum was flawed, what better way to really test the will of the people than a general election? Is it not true, Minister, that ludicrous predictions about the potential disasters inherent in a 'no deal' scenario, and for which this debate on preparedness now focuses, simply reiterate the dire predictions following the referendum result itself? The banking sector would leave en masse, large manufacturing companies would relocate to the continent, inward investment would fall dramatically, and employment would rise—all of which have proved to be completely fallacious.

You yourself, Minister, mentioned the Ford plant in Bridgend, though Ford were adamant that Brexit did not influence their decision. Perhaps we ought to recall that Ford took its Transit production to Turkey from Southampton. Turkey itself is, of course, not in the EU. And you forgot to mention the loss of 900 jobs at Bosch in Miskin—a direct result of our being in the European Union. The UK has received more inward investment in 2018 than France and Germany combined. Job-creation industrial output has been at an all-time high whilst the economies of Europe have stagnated, and employment has risen in all continental countries. Those who wish to deny the result of the referendum ignore the fact that, historically, the UK is an outward-looking, entrepreneurial, liberal country. But in recent decades, this liberal dynamism has been compromised by our membership of the European Union, where a system of over-regulation and state intervention is endemic.

Brexit provides the UK with a once-in-a-generation opportunity to set free our trade, commerce and people. And I have to say that as someone who's spent 40 years in trade myself, which is something that almost all the Members of this establishment have not engaged in, I know the pragmatic ability of business to overcome difficulties. Once again, I applaud the efforts of the Minister for Economy and Transport but can't help thinking this is an unnecessary, time-consuming and costly exercise. There is much to reflect well on your preparedness in this document, Minister. I feel you are doing all that you can to make sure that Wales is ready, if we do—I would like to say 'a clean break', not 'crash out' of the European Union. Would it not be more prudent for the Welsh Government to concentrate on creating markets outside the EU for Welsh businesses? Thank you.