EU Structural Funds: Least Developed Regions

Geraint Davies Excerpts
Wednesday 26th June 2019

(4 years, 10 months ago)

Westminster Hall
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Paul Blomfield Portrait Paul Blomfield
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My hon. Friend is absolutely right. A feature of the wider debate on Brexit is that so many critical issues that will shape the outcome—structural funds, immigration and others—are just being kicked down the road. I hope that the Minister will respond directly to my hon. Friend’s point.

Geraint Davies Portrait Geraint Davies (Swansea West) (Lab/Co-op)
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In Wales, our wages are 70% of the UK average and we receive something like £440 per person in structural funding. Is my hon. Friend aware that with a new plan, we will lose some of that, and that in the case of a new deal, we will have no money at all? Only today, I was talking to representatives of the Swansea universities who said that they were shedding hundreds of jobs. The background to that is the doubling in size of Swansea University thanks to EU money. We are in a critical place in Wales, with closures at Bridgend, Tata and Airbus because of Brexit, so the structural funding is imperative.

Paul Blomfield Portrait Paul Blomfield
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My hon. Friend is right to highlight the impact on all our areas if there is not adequate investment in economic development.