Parliamentary Scrutiny of Leaving the EU — House of Commons, 2016-10-12
Topic: Macroeconomics
Christina Elizabeth Rees (Labour, Centre-left): Much has been said about the extent of the economic impact of leaving the EU, as well as the social, political and cultural effects. There are questions to be answered on criminal justice, homeland security, border control, data sharing and environmental law. Hon. Members have addressed those subjects, so I will speak about regional funding. For my Neath constituency, that will be a defining issue of any Brexit deal I am proud of the EU investment that has been made in west Wales and the valleys, but less proud of the fact that that money is needed because we are one of the poorest regions in Europe. I am fearful of the time when that money no longer exists. When I visit communities across my constituency and the wider region, I find vibrancy and tenacity, despite hardship and economic decline. EU funding has brought community infrastructure, training, apprenticeships and regeneration, and there is no doubt that these structural funds have played a central role in the rebirth of the valleys. The decline of the mining industry ripped away the economic foundations of my constituency and thousands of people found themselves unemployed, but a visitor to Neath today will see businesses starting up, new shops and a £13 million town centre redevelopment in progress The economy of Neath and its villages is growing, and that growth is down to effective investment of European funds secured by our wonderful Labour MEP, Derek Vaughan. The last round of funding launched 485 businesses, supported 7,300 people into work and created 1,355 jobs, and 14,870 qualifications have been gained. Close to 5,000 people have completed an EU-funded apprenticeship Neath Port Talbot has been lead partner on Workways, a project delivered across the county borough and then extended throughout the west Wales region when its success was proved. The project has helped tackle barriers that prevented individuals finding or returning to employment, thanks to £16.7 million in EU funding. Swansea Bay campus, which has had a beneficial impact on Neath and the region, would not have happened without the £95 million of European funding No one knows the process that will follow article 50 and the fate of projects during this period, let alone beyond the two-year timeframe. The Welsh Government have already reprogrammed existing funding, and yesterday they announced that Communities First, their flagship programme for tackling poverty, will be cut in order to reinvest the money in projects that would previously have relied on EU funding If parliamentary sovereignty is paramount, surely Parliament should have a say in the negotiations, the process and the deal on exiting the EU. We need full scrutiny, because the Government need to be held to account. The national Parliaments of EU member states will demand a say in ratifying Britain’s exit, and it is only right that this House is involved in ameliorating the effects of unravelling a 40-year relationship and the work it will take to establish new trade deals. What will the Government do to protect the 100,000 jobs in Wales that depend on our trade with Europe, and the thousands of people in my constituency who have found work through the support of the European Union?