Part of 1. Questions to the Minister for Economy – in the Senedd at 1:55 pm on 8 March 2023.
I'm deeply concerned still about the choices made by the UK Government, not just because they are a breach of successive manifesto promises, but because they leave Wales short of well over £1 billion over three years. In fact, Newsnight recently undertook an investigation where they thought the gap might be as much as £1.4 billion. The gap that that creates for Wales is not just a budget pressure; it's what it stops us from being able to do.
And it's not just what the Welsh Government are saying, the UK Government haven't listened to us, they haven't listened to businesses about not just the reduction in the money, but the delivery design of that fund. It takes money away from skills, in investing in the future of the economy. Local authorities haven't been listened to in the design of the funds, forcing them to compete with each other, not to work collaboratively together. They haven't listened to trade unions, further or higher education. If you think about what universities are saying, the vice-chancellor of Swansea University has been very clear that hundreds of high-quality jobs will not be in Wales if there is not an immediate about-turn in the budget next week. I still believe, though, the approach that we have taken in wanting to bring together different actors in different regions of Wales is the right one to undertake. If only we had a UK Government on the same wavelength prepared to invest in the future in a collaborative way, we could ensure that we make even further progress in creating good-quality employment in Clwyd South, and, indeed, the rest of Wales.