Wales: Economic Investment Projects

Lord Anderson of Swansea Excerpts

Tuesday 12th July 2016 Lords Chamber

[Lord O'Neill of Gatley]

My Lords, as I mentioned in my opening statement, the legislation that is currently being discussed in the other place makes provision for the Welsh Government to use income taxes to give themselves a lot more leeway to spend and invest in the way that they see fit.

[Lord Anderson of Swansea (Lab)]

My Lords, one of the major investment projects in Wales is the Swansea lagoon, which is pending and has been delayed on a number of occasions. Can the Minister indicate whether there will be further delays to this valuable project?

[Lord O'Neill of Gatley]

My Lords, I have two quick answers. First, there are many investment projects that have, in principle, been committed to all over the United Kingdom, not just in Wales. Secondly, I am unaware of any specific delay on anything that has been agreed with respect to the Swansea tidal lagoon plant.