English Devolution and Community Empowerment Bill (Seventh sitting) Debate

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Department: Ministry of Housing, Communities and Local Government
“the current framing of local growth plans and the industrial strategy presents regional authorities with a dilemma. They are being asked to write economic plans that make the regional economy more productive, within an extractive economic investment model. This will at best see living standards stagnate and at worst, worsen.”
Perran Moon Portrait Perran Moon (Camborne and Redruth) (Lab)
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I am troubled by this concept. In my constituency, which is one of the most deprived in the United Kingdom, we have an opportunity to invest in a vast range of renewable energy to mine again critical minerals that will accelerate the transition away from fossil fuel use in order to transition to an economy based on green energy. I would like the hon. Lady to clarify this, but I think she is suggesting that that kind of growth is not acceptable in some way, and that we cannot have good-quality green growth that supports jobs in areas of extreme poverty and deprivation and deals with the challenges of international imports from areas of the world that do not share our values.

Siân Berry Portrait Siân Berry
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That is a good question. Where there are opportunities to develop new industries and new jobs and create new economic activity, my new schedule enables local communities such as those in Cornwall to set inclusive economy indicators. In the examples given, that might mean that those new industries are owned and managed by the local people and the local community, rather than through outside investment from extractive industries that will take the profits elsewhere. Those are things for the local community to decide under the new schedule.

I will just finish the quote from the report by the New Economics Foundation and its allies:

“At a time of eroding trust in politics, this is a major problem for combined authorities elected to make the economy work better for people .”

My new clause and new schedule will help authorities to become more purposeful about developing their own unique economies and economic opportunities in a way that truly builds a better economy that serves local people, and not just more production and profits that can be extracted away from them without improving everyday lives. It will bring more people more inclusively into the local economies that we want to develop.

I will not press my proposals to a vote today, but I hope that the Minister has listened and will recognise that the current Government proposals could create the wrong incentives and the wrong measures of progress, and might risk producing the wrong outcomes for the people who live in the areas that will be governed by these economic plans. I also hope that she will make improvements similar to my proposals before the next stage of this Bill.