9. Short Debate: The challenges and opportunities for the Môn economy: An opportunity to take a broad look at the Môn economy, including serious concerns around Brexit, challenges and opportunities in relation to energy, and how to ensure community and environmental sustainability when creating new economic opportunities

Part of the debate – in the Senedd at 6:58 pm on 30 September 2020.

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Photo of Ken Skates Ken Skates Labour 6:58, 30 September 2020

Diolch, acting Deputy Presiding Officer. Can I begin by thanking Rhun ap Iorwerth for bringing forward this short debate today, and also thank the Member for his participation in last week's round-table discussion concerning the future of the Wylfa site?

There's no escaping the severity of the wider economic situation that we face right now across Wales, across the globe, and particularly on Ynys Môn, where a number of unfortunate announcements have been made in recent times. On Anglesey, we've already provided, though, £4.1 million of support to more than 250 businesses through the first two phases of the economic resilience fund as we try to fight the economic impact of the virus, and that funding will help those businesses through the pandemic.

Now, the funding is over and above what was announced by the UK Government and, just this Monday, I announced the next phase of the economic resilience fund, a further £140 million for businesses across Wales to help them deal with the economic challenges of COVID-19 and also—also—the UK's impending exit from the EU transition period.