Oral Answers to Questions

Ruth Jones Excerpts

Thursday 11th December 2025 Commons Chamber

[Chris Bryant]

Look, the single most important thing is that everybody, including the Liberal Democrats and the Conservative Government, when they were in power, knew that after the revaluation in 2021—on the back of covid—there would be significant increases when a new revaluation came in 2024. Everybody was aware of that. At the same time, everybody recognised that there was a cliff edge, because not a single penny had been set aside to provide transitional relief following the general election. We provided relief last year, we provided £4.3 billion of relief this year, and that is why there is a very strong future for our hospitality sector under Labour.

[Ruth Jones (Newport West and Islwyn) (Lab)]

2. What assessment he has made of the potential impact of the industrial strategy on advanced manufacturing in south Wales.

[The Parliamentary Under-Secretary of State for Business and Trade (Chris McDonald)]

Our 10-year industrial strategy and sector plans will boost economic growth nationwide. South Wales is set to gain a new investment zone in Cardiff and Newport, targeting semiconductors and advanced manufacturing. Across Wales, manufacturers can benefit from a range of other industrial strategy measures that target lower energy costs, faster grid connections, and billions in new capital investments for small and medium-sized enterprises, making it easier to innovate, expand and thrive.

[Ruth Jones]

I welcome the Minister’s response and the additional support for the compound semiconductor cluster in my constituency. What conversations has he had with Welsh Government colleagues on delivering the joint objectives of the Welsh manufacturing action plan and the UK industrial strategy to attract additional investment and jobs to the Welsh semiconductor cluster?

[Chris McDonald]

I thank my hon. Friend for the work that she is doing to champion the Welsh semi- conductor cluster, which is so important for our entire advanced manufacturing sector. The Minister for artificial intelligence and online safety—the Under-Secretary of State for Science, Innovation and Technology, my hon. Friend the Member for Vale of Glamorgan (Kanishka Narayan)—was in Wales last week, meeting industry leaders and co-chairing the semiconductor advisory panel, and my right hon. Friend the Secretary of State for Business and Trade was recently at the Wales investment summit. We hope to attract many more investors to the compound semiconductor cluster in south Wales.