It
is time for the Welsh Government to commit to completing the rail link from
Ebbw Vale into Newport and to think beyond simply connecting the valleys with
Cardiff Bay. We need to build in more connectivity to our rail network and also
to maximise the benefits of improvements to our railways by squeezing every
possible benefit from the investment of public money, especially in times of
austerity then the completion of the Ebbw Vale link into Newport needs to be
completed. The restoration of the rail link into Newport from the Ebbw Vale
line has an impact well beyond simply enabling passengers to travel to and from
Newport. Once completed the final stage of the long promised rail link would
enable commuters to travel to work in Newport, Bristol, and beyond without
having to drive or catch the train to Cardiff Central. The completion of the
rail link could make a significant impact on local rail services. At present
within Wales rail serves run between Merthyr and Bridgend via the Vale of
Glamorgan. There is no reason why it would not be possible for extra serves to
be run from between Hereford, Abergavenny and Ebbw vale, and Cheltenham via
Gloucester and Chepstow to Ebbw Vale, something that could add extra off peak
services for passengers.
Showing posts with label Welsh Government. Show all posts
Showing posts with label Welsh Government. Show all posts
Wednesday, 27 November 2013
Wednesday, 2 January 2013
THEY NEVER EVEN ASKED?
The news that the Labour in Wales government in Cardiff never even asked the Westminster Government about the Severn Bridge tolls should not really surprise anyone and will bring no comfort to Motorists travelling from England to Wales on the Severn bridges who (as of 01.01.2013) now pay £6.20 – up from £6 from 2012. The cost for vans and minibuses travelling west rose from £12.10 to £12.40 (2.5%), and from £18.10 to £18.60 (2.8%) for lorries and coaches.
Plaid Cymru submitted a Freedom of Information request to the Department of Transport seeking details of any correspondence between it and the Welsh Government on the level of tolls since May 2011, the last Assembly elections. In its response the Department of Transport merely listed emails between the Highways Agency and the Welsh Government advising of planned increases in tolls for 2012 and 2013. The FOI request revealed that there was no other correspondence between the Welsh Government and the Westminster Government – so much for standing up for Wales!
Plaid Cymru Transport spokesperson Jonathan Edwards MP said: “The lack of complaints over the continued rise of the Severn Bridges tolls once again shows that the Welsh Government are crying crocodile tears when they complain about motorists’ rising costs.
“The tolls rise annually according to RPI inflation index under an Act of Parliament from 1992. This is higher than the CPI inflation which has now become the norm for inflation, such as pensions upratings – so it is not even the fairest form of inflation.
“While the UK Government have been happy to rip up parliamentary acts for S4C that operated on the same inflation increase basis, they aren’t willing to touch the Severn Bridges – and the Welsh Government haven’t even asked them to consider it.
“Other companies and investments have been forced to take the economic situation into account in recent years and many will tell you about the problems that the tolls cause them.
"But for south Wales motorists the tolls keep rising. I’m sure that neither the UK or Welsh Government have even considered entering into discussion with the private company who owns them to lower the tolls during these tough times.
"In a few years, though, the cost of the Severn Bridges’ construction will have been repaid and the bridges will come back into public ownership.
"Major decisions will have to be made about the Bridges’ future ownership – by the Welsh Government, the UK Government or some form of joint ownership and, depending on who holds the purse strings, the amount that motorists will pay in tolls in future.
"It is vital that the Welsh Government take a more proactive stance in supporting the Welsh economy."
Plaid Cymru submitted a Freedom of Information request to the Department of Transport seeking details of any correspondence between it and the Welsh Government on the level of tolls since May 2011, the last Assembly elections. In its response the Department of Transport merely listed emails between the Highways Agency and the Welsh Government advising of planned increases in tolls for 2012 and 2013. The FOI request revealed that there was no other correspondence between the Welsh Government and the Westminster Government – so much for standing up for Wales!
Plaid Cymru Transport spokesperson Jonathan Edwards MP said: “The lack of complaints over the continued rise of the Severn Bridges tolls once again shows that the Welsh Government are crying crocodile tears when they complain about motorists’ rising costs.
“The tolls rise annually according to RPI inflation index under an Act of Parliament from 1992. This is higher than the CPI inflation which has now become the norm for inflation, such as pensions upratings – so it is not even the fairest form of inflation.
“While the UK Government have been happy to rip up parliamentary acts for S4C that operated on the same inflation increase basis, they aren’t willing to touch the Severn Bridges – and the Welsh Government haven’t even asked them to consider it.
“Other companies and investments have been forced to take the economic situation into account in recent years and many will tell you about the problems that the tolls cause them.
"But for south Wales motorists the tolls keep rising. I’m sure that neither the UK or Welsh Government have even considered entering into discussion with the private company who owns them to lower the tolls during these tough times.
"In a few years, though, the cost of the Severn Bridges’ construction will have been repaid and the bridges will come back into public ownership.
"Major decisions will have to be made about the Bridges’ future ownership – by the Welsh Government, the UK Government or some form of joint ownership and, depending on who holds the purse strings, the amount that motorists will pay in tolls in future.
"It is vital that the Welsh Government take a more proactive stance in supporting the Welsh economy."
Wednesday, 7 November 2012
WORKING FOR SCOTLAND
There are clear signs that the Scottish Government is delivering for Scotland, one example of this took place yesterday when the responsibility for delivering a rail route from the Borders to Edinburgh was been officially passed to Network Rail. Scottish Government Transport Secretary Keith Brown signed the agreement at a ceremony at Newtongrange in Midlothian. The agreement passed responsibility for completing the Borders line, with 30 miles of new track and seven new stations, from Transport Scotland to Network Rail.
Scottish Government Ministers hope that the £294 million pound project will be completed by the end of 2014, although the contract sets a final deadline of summer 2015. One visible measure of progress is the preparatory work to clear clearing vegetation and removal of buildings and bridges, has already been carried out along the line. Once the project is completed trains return to the Borders for the first time in more than 40 years.
When it comes to the Welsh Government visibly delivering for Wales I struggle to find significant concrete evidence beyond some the transport infrastructure projects brought in by the One Wales Government. Unfortunately for us here in Wales, the Con Dem Westminster Government and the Labour in Wales Government in Cardiff are nominally running the shop. They are not really interested in developing an integrated public transport across the valleys, across the south east and the rest of our country.
Plaid in Monmouth has regularly called for improvements to existing rail services and facilities and a series of feasibility studies to investigate re-opening previously closed railways as has happened in Scotland. In the south east, we need Abergavenny and Chepstow railway stations to be real gateways, with fully integrated local bus services. We need better facilities at Severn Tunnel Junction and Caldicot railway stations and the provision of adequate safe secure parking facilities. We need feasibility studies into the development of a Parkway Station at Little Mill and the possibilities of re-opening the railway line from Little Mill to Usk and the development of a new railway station at Usk.
The Welsh Government needs to commit to reopening the final stage of the rail-link from Ebbw Vale to Newport along with new railway stations at Caerleon and Magor which would help to reduce road congestion. Such developments would provide a regular rail service to local residents and reduce the ever increasing traffic burden from already overcrowded roads. The re-opening of Pontrilas Railway station (in south Herefordshire) for passenger traffic (and timber shipments) would also help, as would a feasibility study into developing regional rail freight services, removing heavy Lorries from local roads.
Buying our heads in the sand is not an option, as we face a future where cheap fuel is rapidly becoming a thing of the past. We need to ensure that all our communities have reasonable access to a reliable cheap system of integrated public transport, at the heart of which should be our long neglected rail network. The old excuses about a lack of funding are not acceptable, as even when times were good, there was little evidence of any real commitment or action to improve things here in Wales from Westminster.
A devolutionary half-way house won't work anymore; it will not deliver or even give us the chance to deliver, even with legislative powers. We make up 5% of the population of the UK, and have made (and continue to make) significant contributions to the exchequer. If Unionists want to the Union to work then we need 5% of the UK transport spend, and full control of our transport planning and our transport budget.
The changes and reforms that are necessary to fix the problems in our country means that we need the tools to do the job. The botched and complicated LCO system for creating legislation barely worked and was consigned to the dustbin of history. The old system did not work with a nominally Labour Government and was never going to work with a Conservative dominated Government which is indifferent to any concept of devolution in particular and the needs of Wales in particular.
Even with legislative powers, we are still in some sort of half devolved limbo state of governance, lacking a fair financial settlement. With all the good wishes in the world this is not going to work well, even with an inert visionless former New Labour government in Cardiff. The governance of Wales if it is to be cost effective can no more be half devolved anymore than someone can be half free.
Wales needs a fair financial settlement so we can finance the construction of a decent system of integrated public transport after years of indifference. In Scotland, significant strides have been made to reopen, redevelop and build a coherent and integrated public transport system. In Wales over the last thirteen years there have been two successful railway re-openings carried out by Network Rail at the request of the National Assembly; the Vale of Glamorgan Railway Line (re-opened on Friday 10th June 2005) and the Ebbw Valley Railway Line (which was partially re-opened on Wednesday 6th February 2008).
Unlike in Scotland there was not real political dynamism at work here, these were administrative rather than legislative projects. In Scotland things were different, bills to reopen old railways were vigorously discussed, debated, scrutinised, amended and duly passed by the Scottish Parliament. If we are serious about integrated public transport then we are going to have to get serious about how we are going to develop and redevelop our public transport infrastructure.
The Transport (Wales) Act (effective from February 2006) gave the National Assembly the power to plan and co-ordinate an integrated transport system, how much longer do we have to wait to see some vision let alone any action? Meanwhile the rail companies are busy ramping up rail fares, and trying to reduce services, all with the tacit co-operation of Westminster Government (of various political hues) and the Department for transport.
Such blatant duplicity is not acceptable - it’s time for our government in Cardiff to take the long view and actually put its money where its mouth. The Welsh Government in Cardiff needs to work to redevelop our rail services, boost the development of rail freight and to co-ordinate rail and bus services – because Westminster even with a Labour Government will not deliver for Wales.
Wales needs to have full control of its transport policy and transport budget devolved as quickly as possible and the franchise when it is renewed in 2017 should be run on a not for profit basis. The time for excuses has passed, ending years of neglect and indifference to our needs won’t be cheap and it won’t be easy as there is no quick fix.
We need to plan for our future but it can be done if the political will is there, as has happened in Scotland. Much can be accomplished by a combination of the will, the funding and interested private and community partners. If the Governments in London and Cardiff are really serious about cutting carbon emissions, reducing road congestion and building sustainable communities then they need to work to get people and heavy goods back onto our railways and revitalise our communities.
 |
| Visible progress on the Borders Rail Project |
When it comes to the Welsh Government visibly delivering for Wales I struggle to find significant concrete evidence beyond some the transport infrastructure projects brought in by the One Wales Government. Unfortunately for us here in Wales, the Con Dem Westminster Government and the Labour in Wales Government in Cardiff are nominally running the shop. They are not really interested in developing an integrated public transport across the valleys, across the south east and the rest of our country.
Plaid in Monmouth has regularly called for improvements to existing rail services and facilities and a series of feasibility studies to investigate re-opening previously closed railways as has happened in Scotland. In the south east, we need Abergavenny and Chepstow railway stations to be real gateways, with fully integrated local bus services. We need better facilities at Severn Tunnel Junction and Caldicot railway stations and the provision of adequate safe secure parking facilities. We need feasibility studies into the development of a Parkway Station at Little Mill and the possibilities of re-opening the railway line from Little Mill to Usk and the development of a new railway station at Usk.
.jpg) |
| Driver Training on Gaer Spur in 2009 (Photo: Ian Brewer) |
Buying our heads in the sand is not an option, as we face a future where cheap fuel is rapidly becoming a thing of the past. We need to ensure that all our communities have reasonable access to a reliable cheap system of integrated public transport, at the heart of which should be our long neglected rail network. The old excuses about a lack of funding are not acceptable, as even when times were good, there was little evidence of any real commitment or action to improve things here in Wales from Westminster.
A devolutionary half-way house won't work anymore; it will not deliver or even give us the chance to deliver, even with legislative powers. We make up 5% of the population of the UK, and have made (and continue to make) significant contributions to the exchequer. If Unionists want to the Union to work then we need 5% of the UK transport spend, and full control of our transport planning and our transport budget.
The changes and reforms that are necessary to fix the problems in our country means that we need the tools to do the job. The botched and complicated LCO system for creating legislation barely worked and was consigned to the dustbin of history. The old system did not work with a nominally Labour Government and was never going to work with a Conservative dominated Government which is indifferent to any concept of devolution in particular and the needs of Wales in particular.
Even with legislative powers, we are still in some sort of half devolved limbo state of governance, lacking a fair financial settlement. With all the good wishes in the world this is not going to work well, even with an inert visionless former New Labour government in Cardiff. The governance of Wales if it is to be cost effective can no more be half devolved anymore than someone can be half free.
Wales needs a fair financial settlement so we can finance the construction of a decent system of integrated public transport after years of indifference. In Scotland, significant strides have been made to reopen, redevelop and build a coherent and integrated public transport system. In Wales over the last thirteen years there have been two successful railway re-openings carried out by Network Rail at the request of the National Assembly; the Vale of Glamorgan Railway Line (re-opened on Friday 10th June 2005) and the Ebbw Valley Railway Line (which was partially re-opened on Wednesday 6th February 2008).
Unlike in Scotland there was not real political dynamism at work here, these were administrative rather than legislative projects. In Scotland things were different, bills to reopen old railways were vigorously discussed, debated, scrutinised, amended and duly passed by the Scottish Parliament. If we are serious about integrated public transport then we are going to have to get serious about how we are going to develop and redevelop our public transport infrastructure.
The Transport (Wales) Act (effective from February 2006) gave the National Assembly the power to plan and co-ordinate an integrated transport system, how much longer do we have to wait to see some vision let alone any action? Meanwhile the rail companies are busy ramping up rail fares, and trying to reduce services, all with the tacit co-operation of Westminster Government (of various political hues) and the Department for transport.
Such blatant duplicity is not acceptable - it’s time for our government in Cardiff to take the long view and actually put its money where its mouth. The Welsh Government in Cardiff needs to work to redevelop our rail services, boost the development of rail freight and to co-ordinate rail and bus services – because Westminster even with a Labour Government will not deliver for Wales.
Wales needs to have full control of its transport policy and transport budget devolved as quickly as possible and the franchise when it is renewed in 2017 should be run on a not for profit basis. The time for excuses has passed, ending years of neglect and indifference to our needs won’t be cheap and it won’t be easy as there is no quick fix.
We need to plan for our future but it can be done if the political will is there, as has happened in Scotland. Much can be accomplished by a combination of the will, the funding and interested private and community partners. If the Governments in London and Cardiff are really serious about cutting carbon emissions, reducing road congestion and building sustainable communities then they need to work to get people and heavy goods back onto our railways and revitalise our communities.
Friday, 3 February 2012
WHICH BIT OF NO DON'T THEY GET?
How many times must a community say ‘NO’ before its voice is heard? That may sound a strange question but when it comes to the planning and development process it appears to be the case that our local communities and sometimes the wishes of our local authorities are most often ignored, marginalised or overridden. The reason why I mention this is because locally a public inquiry began on Wednesday (1st February) into Torfaen County Councils rejection of plans for open-cast mining at Varteg, near Pontypool.
For those of unfamiliar with the case, Torfaen County Council had refused permission for 325,000 tonnes of coal to be extracted because of concerns over dust and noise pollution. The planning applicant in this case is the Glamorgan Power Company who appealed against the decision at the inquiry at County Hall, Cwmbran, which was chaired by Welsh Government appointed Officer.
The developer argues at that the proposal is the only way to achieve reclamation of the land. Some hundreds of local residents have opposed proposals (including teachers and parents from Ysgol Bryn Onnen, which is barely 120 metres away).
The proposed opencast development at, on and around the Varteg / the British has been around for a very long time. As a trainee journalist (on the old Pontypool Free Press) I covered some pretty fired up and passionate packed out meetings back in the very late 1980’s. Local people have been living with the threat of opencast and the promise of reclamation / redevelopment afterwards for over twenty years.
I can only hope that the Welsh Government Inspector listens to the expressed wishers of the local community and the County Council and then makes his decision accordingly. Open cast is and is likely to remain a controversial big issue that has blighted a number of our communities in the former mining valleys from one end of Wales to the other.
Three significant issues, that actually apply across the whole of Wales, have been raised, but have been largely overlooked. They are the linked issues of development / redevelopment, the planning process and community consent. One thing I have noticed over the years when it comes to controversial development proposals such as: large scale housing developments (the South Sebastopol plan, Llanwern and Carmarthen West housing development to name but three), the livestock market in Abergavenny, open cast mining, waste incinerators, etc that there is an apparent tendency for repeated applications by developers – regardless of any refusal – until they get the result they want.
Now there is nothing wrong with appealing against a planning decision because a decision to refuse has to be based on sound rather than emotive reasoning. In recent history there have been occasional refusals of planning permission by County Councils, who on far too many occasions have then been overruled by the old Welsh Office and more lately by the Welsh Government. Now part of this could be out down to what might be best described as a form of judicial indifference, or perhaps it’s a consequence of a combination of poor advice from civil servants to their ministers in Cardiff.
The planning process is being undermined, as our local authorities fear the cost implications of planning applications being taken to appeal. My sources tell me (locally) that we have reached the point where Councillors are regularly advised by their officers of the potential costs if this or that development proposal is refused and goes to appeal.
So basically don’t refuse the planning application. One result is that people have become cynical about local democracy and the planning process especially when people see land being bought up, infrastructure work being done and road junctions built to serve planned developments years before any public planning process ever begins.
The current system of rolling Unitary Development Plans and the regional development strategy no longer works, they don’t allow our local authorities to adequately serve or represent our local communities. Our current planning system fails to deliver real and lasting benefits to our communities and fundamentally fails to deal with the issue of over-development.
Our planning process is far too vulnerable to an often developer led assessment of market trends for easy build/easy sell for higher profit many of which bring our communities minimal benefit. We need a far more joined up all Wales development plan and need to develop Welsh Greenbelt which should serve all our communities over the medium and the longer term rather than the relative short term.
For those of unfamiliar with the case, Torfaen County Council had refused permission for 325,000 tonnes of coal to be extracted because of concerns over dust and noise pollution. The planning applicant in this case is the Glamorgan Power Company who appealed against the decision at the inquiry at County Hall, Cwmbran, which was chaired by Welsh Government appointed Officer.
The developer argues at that the proposal is the only way to achieve reclamation of the land. Some hundreds of local residents have opposed proposals (including teachers and parents from Ysgol Bryn Onnen, which is barely 120 metres away).
The proposed opencast development at, on and around the Varteg / the British has been around for a very long time. As a trainee journalist (on the old Pontypool Free Press) I covered some pretty fired up and passionate packed out meetings back in the very late 1980’s. Local people have been living with the threat of opencast and the promise of reclamation / redevelopment afterwards for over twenty years.
I can only hope that the Welsh Government Inspector listens to the expressed wishers of the local community and the County Council and then makes his decision accordingly. Open cast is and is likely to remain a controversial big issue that has blighted a number of our communities in the former mining valleys from one end of Wales to the other.
Three significant issues, that actually apply across the whole of Wales, have been raised, but have been largely overlooked. They are the linked issues of development / redevelopment, the planning process and community consent. One thing I have noticed over the years when it comes to controversial development proposals such as: large scale housing developments (the South Sebastopol plan, Llanwern and Carmarthen West housing development to name but three), the livestock market in Abergavenny, open cast mining, waste incinerators, etc that there is an apparent tendency for repeated applications by developers – regardless of any refusal – until they get the result they want.
Now there is nothing wrong with appealing against a planning decision because a decision to refuse has to be based on sound rather than emotive reasoning. In recent history there have been occasional refusals of planning permission by County Councils, who on far too many occasions have then been overruled by the old Welsh Office and more lately by the Welsh Government. Now part of this could be out down to what might be best described as a form of judicial indifference, or perhaps it’s a consequence of a combination of poor advice from civil servants to their ministers in Cardiff.
The planning process is being undermined, as our local authorities fear the cost implications of planning applications being taken to appeal. My sources tell me (locally) that we have reached the point where Councillors are regularly advised by their officers of the potential costs if this or that development proposal is refused and goes to appeal.
So basically don’t refuse the planning application. One result is that people have become cynical about local democracy and the planning process especially when people see land being bought up, infrastructure work being done and road junctions built to serve planned developments years before any public planning process ever begins.
The current system of rolling Unitary Development Plans and the regional development strategy no longer works, they don’t allow our local authorities to adequately serve or represent our local communities. Our current planning system fails to deliver real and lasting benefits to our communities and fundamentally fails to deal with the issue of over-development.
Our planning process is far too vulnerable to an often developer led assessment of market trends for easy build/easy sell for higher profit many of which bring our communities minimal benefit. We need a far more joined up all Wales development plan and need to develop Welsh Greenbelt which should serve all our communities over the medium and the longer term rather than the relative short term.
Friday, 28 October 2011
NO MORE EXCUSES...
Once again there have been more calls for action in relation to finishing the Ebbw Vale line link into Newport. Fresh Welsh Government transport statistics have shown that some 122,000 journeys took place from the Valleys county to Cardiff (in 2009/2010) in comparison to 2,900 to Newport stations which has no direct link from the Ebbw Vale line.
The South Wales Argus, local people and politicians of every political hue have all been calling for a passenger rail link between Newport and Ebbw Vale for the last ten years. The new Labour run Welsh Government is currently prioritising its National Transport Plan, which apparently includes consideration of the rail link, and a rescheduled delivery plan is set to be published this Autumn.
It should be pretty obvious by now that the chance of finding a sentence containing the phrase ‘priority transport infrastructure project’ and the word ‘Wales’ within any Network Rail and the Department of Transport report is pretty minimal. Recent experience with the proposals to electrify the main line from London to Bristol suggests that they clearly have no concept of Wales or Welsh priorities beyond when they dovetail onto the end of larger infrastructure projects or when our country geographically gets in the way.
Aside from the potential economic benefits for the city centre, and the convenience of a quicker link to the main line services from Newport station there is another potential benefit. If the Newport link is open then the Gwent Valleys (and Newport) could benefit from an expanded service that runs from Ebbw Vale to Abergavenny and back again through the day. A better service, means more passengers and will help to reduce congestion on our roads. Further delay and meaningless waffle from the Welsh Government on this important rail connection is not good enough! Get it done!
The South Wales Argus, local people and politicians of every political hue have all been calling for a passenger rail link between Newport and Ebbw Vale for the last ten years. The new Labour run Welsh Government is currently prioritising its National Transport Plan, which apparently includes consideration of the rail link, and a rescheduled delivery plan is set to be published this Autumn.
It should be pretty obvious by now that the chance of finding a sentence containing the phrase ‘priority transport infrastructure project’ and the word ‘Wales’ within any Network Rail and the Department of Transport report is pretty minimal. Recent experience with the proposals to electrify the main line from London to Bristol suggests that they clearly have no concept of Wales or Welsh priorities beyond when they dovetail onto the end of larger infrastructure projects or when our country geographically gets in the way.
Aside from the potential economic benefits for the city centre, and the convenience of a quicker link to the main line services from Newport station there is another potential benefit. If the Newport link is open then the Gwent Valleys (and Newport) could benefit from an expanded service that runs from Ebbw Vale to Abergavenny and back again through the day. A better service, means more passengers and will help to reduce congestion on our roads. Further delay and meaningless waffle from the Welsh Government on this important rail connection is not good enough! Get it done!
Thursday, 24 March 2011
THE BUDGET
No matter how they would like to spin it the Con Dem's have made a very basic and bad decision budget wise, they should have concentrated on growth rather than cuts in their first Budget last year. This publicly announced (in not trumpeted) “austerity” budget rather than a “growth” budget is simply bad economics.
The UK coalition has got it's financial policy fundamentally back to front and cuts in capital investment, not to mention the snatching £385 million away from the Welsh Government's funds, has left Wales in a weak position especially when it comes to securing economic recovery.
Here in Wales, things could be quite different, Plaid have already launched their proposal for a “Build for Wales” investment vehicle which would ensure capital investment in new schools, new hospitals and new roads while creating up to 50,000 jobs here in Wales.
Plaid Cymru’s Treasury spokesman, Jonathan Edwards MP, said:
“The Office for Budget Responsibility is set to lower growth expectations in the UK in this Budget, while figures from the Office of National Statistics show higher than expected UK government borrowing.
“This is the scenario we set out a year ago - that cutting too much and too early would lead to the situation where the tax-take falls, and more people are out of work and claiming benefits after losing their jobs.
“The UK Government should have pushed for growth in the economy first and secured the recovery, before making massive cuts to public sector jobs and investment.
“Quite simply, they got it the wrong way around.
“Capital investment, in new schools, new hospitals and new roads, is key to making our economy work in Wales, by creating jobs for our construction industry and developing vital infrastructure.
“On top of that, the Treasury has mugged Wales by taking back £385m End Year Flexibility that we were keeping to use for just this purpose.
“Clearly Plaid is the only party interested in a better future and a credible economic plan for Wales. Plaid’s Build for Wales investment vehicle, for example would allow us to raise money to counter the cuts and to create up to 50,000 jobs.”
The UK coalition has got it's financial policy fundamentally back to front and cuts in capital investment, not to mention the snatching £385 million away from the Welsh Government's funds, has left Wales in a weak position especially when it comes to securing economic recovery.
Here in Wales, things could be quite different, Plaid have already launched their proposal for a “Build for Wales” investment vehicle which would ensure capital investment in new schools, new hospitals and new roads while creating up to 50,000 jobs here in Wales.
 |
| Jonathan Edwards MP |
“The Office for Budget Responsibility is set to lower growth expectations in the UK in this Budget, while figures from the Office of National Statistics show higher than expected UK government borrowing.
“This is the scenario we set out a year ago - that cutting too much and too early would lead to the situation where the tax-take falls, and more people are out of work and claiming benefits after losing their jobs.
“The UK Government should have pushed for growth in the economy first and secured the recovery, before making massive cuts to public sector jobs and investment.
“Quite simply, they got it the wrong way around.
“Capital investment, in new schools, new hospitals and new roads, is key to making our economy work in Wales, by creating jobs for our construction industry and developing vital infrastructure.
“On top of that, the Treasury has mugged Wales by taking back £385m End Year Flexibility that we were keeping to use for just this purpose.
“Clearly Plaid is the only party interested in a better future and a credible economic plan for Wales. Plaid’s Build for Wales investment vehicle, for example would allow us to raise money to counter the cuts and to create up to 50,000 jobs.”
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