Part of the debate – in the Senedd at 4:23 pm on 4 May 2022.
Diolch, Dirprwy Lywydd, and I move the motion tabled in the name of my colleague Darren Millar. Today, our motion reflects the fact that, by many key indicators, the Welsh economy continues to lag behind other parts of the United Kingdom. For example, it's a fact that out of all the nations of the UK, Wales has had the worst gross value added growth since 1999. We've also had the lowest gross domestic product output per head, at £24,586. We raised the least amount of revenue per head in the financial year ending in 2020, and people living in Wales have the lowest gross disposable income in the UK, at £17,263. These are not new statistics, and they are not the case because of the COVID pandemic or because the people of the UK chose to leave the European Union. In 1997 Welsh and Scottish workers brought home identical weekly pay packets at £301 per week. But by 2021 a Welsh pay packet contained £562, whereas a Scottish weekly pay packet contained £60 more, at £622. Indeed, through my entire time as a Senedd Member from 2007, there have been so many debates about the state of the Welsh economy and the need to do things differently, and yet, year after year, our economy has stagnated and lagged at the bottom of many key indicators. And that is why we have tabled this debate, because, despite the clear ambition and determination of businesses, something is not working. And so it's vital that the Welsh Government reflects on these serious statistics and looks to bring forward innovative industry-backed solutions.
Now, I see that Plaid Cymru has tabled an amendment to our motion that states their view that only through independence will Welsh businesses reach their full potential. I'm sure that it'll come as no great shock to anyone in this Chamber this afternoon to hear that we on this side of the Chamber will not be supporting Plaid Cymru's amendment. Indeed, we believe that our membership of the UK is exactly what has protected the Welsh economy in recent years, and that if we were independent, our economy would be in a much weaker position. This was highlighted during the pandemic when our membership of the UK helped us weather the storm of a global pandemic, with billions of pounds of support provided to Wales to tackle the impact of COVID-19. It's quite clear that being part of the UK helped tackle the pandemic, with the UK Government providing vaccines, COVID testing and armed forces' support in Wales, as well as groundbreaking financial measures that have protected around 500,000 livelihoods in Wales. Therefore, we believe that an independent Wales would jeopardise the Welsh economy and make it less resilient to pandemics and global shocks.