Welsh Conservatives have hit out at Labour’s Economy Minister, Vaughan Gething MS, after he delivered a statement in the Senedd “full of the resentment of a spurned ex and devoid of useful information”.
Gething made a statement in the Senedd today on the British Government’s Shared Prosperity Fund (SPF). The fund will replace the regional aid that was allocated to Wales by the European Union by virtue of its deprivation, overseen by quarter of a century of Labour government.
The SPF will help to level up and create opportunity across the UK in places most in need, such as ex-industrial areas, deprived towns and rural and coastal communities, and for people who face labour market barriers.
The British Government will publish a UK-wide investment framework this year and confirm its funding profile at the next Spending Review. It comes in addition to the Levelling-Up and Community Ownership funds
The SPF is being trialled by the Conservative Government through the Community Renewal Fund, supporting communities to pilot programmes and new approaches.
Welsh Conservative and Shadow Economy Minister Paul Davies MS said:
“Calling the British Government’s approach to EU successor funds an assault on Welsh devolution is like describing Labour as being a force for good for the Welsh economy during their two decades in power – they are both demonstrably untrue.
“Vaughan Gething’s statement is full of the resentment of a spurned ex that seems to have forgotten that Wales voted to leave the EU. He’s simply having a strop because the British Government want to actively invest in Wales rather than let his Labour administration make their usual cock-ups.
“This was merely an opportunity for Gething to grandstand in an act devoid of useful information. He knows Wales is still getting directly funded from the EU through the structural funds that are still tailoring off, after which the Shared Prosperity Fund will be introduced.
“Sadly, the minister chooses to cynically portray the British Government as an adversarial actor when it aims to fund exciting and innovative projects across Wales and the wider UK to create jobs and help the economy bounce back.
“If only Labour spent less time moaning, they might actually get somewhere in improving the economy, increasing wages, and tackling poverty across Wales.”