Browse content similar to 08/03/2017. Check below for episodes and series from the same categories and more!
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Tonight on The Wales Report, we are at Westminster for a special | :00:08. | :00:10. | |
Tonight on The Wales Report, we are programme on today's | :00:11. | :00:11. | |
at Westminster for a special programme on today's Budget. Who are | :00:12. | :00:14. | |
the winners and losers, and what does | :00:15. | :00:14. | |
the winners and losers, and what the winners and losers, and what | :00:15. | :00:15. | |
does Brexit mean for the Chancellor's plans? Stay with us for | :00:16. | :00:18. | |
a special edition Chancellor's plans? Stay with us for | :00:19. | :00:19. | |
a special edition of The Wales Report. | :00:20. | :00:25. | |
What does the Budget mean to us in Wales? An extra ?200 | :00:26. | :00:41. | |
What does the Budget mean to us in Wales? An extra ?200 million over | :00:42. | :00:47. | |
four years. No detail on a city deal for Swansea. And controversially, | :00:48. | :00:51. | |
the increase in national insurance contributions for self-employed | :00:52. | :00:55. | |
people. I am joined by a panel of parliamentarians here in the | :00:56. | :00:55. | |
people. I am joined by a panel of parliamentarians here in the studio. | :00:56. | :00:55. | |
You can have your say. With me tonight is Guto Bebb, | :00:56. | :01:02. | |
Wales Office Minister Jo Stevens, the Labour MP | :01:03. | :01:04. | |
for Cardiff Central. For the Liberal Democrats, | :01:05. | :01:07. | |
Baroness Jenny Randerson. And we have Hywel Williams, | :01:08. | :01:09. | |
Plaid Cymru MP for Arfon. Many thanks to you all | :01:10. | :01:11. | |
for being here this evening. I'm going to start, Guto, with you. | :01:12. | :01:14. | |
There are clear indications I'm going to start, Guto, with you. | :01:15. | :01:22. | |
There are clear indications that the Conservative party has broken a | :01:23. | :01:27. | |
clear manifesto promise in this national insurance policy - true or | :01:28. | :01:30. | |
false? You national insurance policy - true or | :01:31. | :01:30. | |
false? You like national insurance policy - true or | :01:31. | :01:31. | |
false? You like it is fair to say that the manifesto did say clearly | :01:32. | :01:36. | |
there would not that the manifesto did say clearly | :01:37. | :01:40. | |
there would not be an increase in national insurance contributions, so | :01:41. | :01:42. | |
the change to class for is a manifesto breach. In the context of | :01:43. | :01:47. | |
someone who has been self-employed for 16 years, the real unfairness | :01:48. | :01:50. | |
for the self-employed was the way they were | :01:51. | :01:50. | |
for the self-employed was the way they were treated when it came to | :01:51. | :01:51. | |
their pensions. they were treated when it came to | :01:52. | :01:55. | |
their pensions. If you were self-employed before we brought in | :01:56. | :01:58. | |
the single tier state pension, you would | :01:59. | :01:58. | |
the single tier state pension, you the single tier state pension, you | :01:59. | :02:00. | |
would get a pension that was about ?40 a week less than you | :02:01. | :02:01. | |
would get a pension that was about ?40 a week less than you would if | :02:02. | :02:05. | |
you are an employee paying class one national insurance. That has been | :02:06. | :02:06. | |
dealt with national insurance. That has been | :02:07. | :02:07. | |
dealt with and we get the same pension when we retire. There is an | :02:08. | :02:12. | |
argument in favour of saying the benefits are recolonised, that there | :02:13. | :02:20. | |
should be more even payments. Class four will go up to 10%, | :02:21. | :02:22. | |
should be more even payments. Class four will go up to 10%, which is | :02:23. | :02:23. | |
should be more even payments. Class four will go up to 10%, which is | :02:24. | :02:25. | |
still less than what the employee pay, but it is going up to | :02:26. | :02:26. | |
still less than what the employee pay, but it is going up to reflect | :02:27. | :02:29. | |
the fact that the pension contribution is significantly more. | :02:30. | :02:32. | |
It won't be very welcome, and it should be highlighted that no one | :02:33. | :02:37. | |
earning less than ?16,000 will pay a penny more. In order to pay more | :02:38. | :02:44. | |
tax, someone self-employed must be earning over ?31,000. Not perfect, | :02:45. | :02:50. | |
but I understand the rationale. You have provided a lot of context, | :02:51. | :02:52. | |
which is useful for the discussion, You have provided a lot of context, | :02:53. | :02:53. | |
which is useful for the discussion, but if I can condense it, in a way | :02:54. | :02:58. | |
you might not like, it is a broken promise but it is worth it in the | :02:59. | :03:03. | |
cause of fairness? The changes we have made in terms of pensions are | :03:04. | :03:07. | |
cause of fairness? The changes we have made in terms of pensions are | :03:08. | :03:09. | |
more significant than the cost of this change. Denying that the | :03:10. | :03:13. | |
manifesto in 2015 said no increases in national insurance? No, I'm not | :03:14. | :03:27. | |
denying it. The benefits for the self-employed and the employed are | :03:28. | :03:30. | |
different, and the Chancellor announced we would look at that to | :03:31. | :03:32. | |
equalise those announced we would look at that to | :03:33. | :03:34. | |
equalise those benefits. Jo, Labour's position is what? Are you | :03:35. | :03:39. | |
saying, we understand fairness argument, that this had to be dealt | :03:40. | :03:41. | |
with and argument, that this had to be dealt | :03:42. | :03:41. | |
with and that therefore this move argument, that this had to be dealt | :03:42. | :03:42. | |
with and that therefore this move is wise one? We understand it was | :03:43. | :03:46. | |
with and that therefore this move is wise one? We understand it was a | :03:47. | :03:46. | |
broken promise. wise one? We understand it was a | :03:47. | :03:52. | |
broken promise. If there was going to be a rise, it could have been | :03:53. | :03:58. | |
targeted at the highest earners, instead of which, it has been aimed | :03:59. | :04:00. | |
at the lowest earning self-employed instead of which, it has been aimed | :04:01. | :04:01. | |
at the lowest earning self-employed people. What we saw from the | :04:02. | :04:03. | |
Chancellor was people. What we saw from the | :04:04. | :04:05. | |
Chancellor was a big post about a reduction in unemployment, but 80% | :04:06. | :04:10. | |
of that production are people who have gone into self-employment | :04:11. | :04:13. | |
because they can get a job. And the average | :04:14. | :04:13. | |
because they can get a job. And the because they can get a job. And the | :04:14. | :04:16. | |
average earnings for someone who is self-employed is ?11,000 a year, so | :04:17. | :04:18. | |
this is another hit on the least self-employed is ?11,000 a year, so | :04:19. | :04:20. | |
this is another hit on the least wealthy, the poorest, who are really | :04:21. | :04:27. | |
trying hard. Taxi drivers, hairdressers, builders, people the | :04:28. | :04:29. | |
Tories say they are supposed to stand up for. There has been a lot | :04:30. | :04:35. | |
of talk about encouraging people to start businesses and to be | :04:36. | :04:36. | |
entrepreneurial start businesses and to be | :04:37. | :04:38. | |
entrepreneurial and all the rest, and the self-employed ethos is part | :04:39. | :04:42. | |
of that. What message does this give? Absolutely, it is an important | :04:43. | :04:49. | |
issue. The ?11,000 average, they won't pay a penny more, because no | :04:50. | :04:52. | |
one earning under ?16,000 will pay a won't pay a penny more, because no | :04:53. | :04:53. | |
one earning under ?16,000 will pay a penny more. | :04:54. | :04:54. | |
one earning under ?16,000 will pay a penny more. In relation but like | :04:55. | :05:04. | |
someone and ?5,000 would be paying class two, and we are saving them a | :05:05. | :05:11. | |
a year. This is fair. Those earning over 45,000, that 2% rate is exactly | :05:12. | :05:16. | |
the same as for those in employment. We have a tiered way of paying | :05:17. | :05:18. | |
the same as for those in employment. We have a tiered way of paying | :05:19. | :05:18. | |
National Insurance. We have a tiered way of paying | :05:19. | :05:27. | |
National Insurance. A view from Jenny and Hywel - do you accept | :05:28. | :05:31. | |
National Insurance. A view from Jenny and Hywel - do you accept the | :05:32. | :05:36. | |
rationale? He seems to be saying that we are increasing national | :05:37. | :05:39. | |
insurance buzz it doesn't matter because we | :05:40. | :05:39. | |
insurance buzz it doesn't matter because we have -- but it doesn't | :05:40. | :05:42. | |
matter because we have -- but it doesn't | :05:43. | :05:43. | |
matter because we have these measures in place. People earning | :05:44. | :05:47. | |
over 16,000, it clearly does matter. So much of the Welsh economy is in | :05:48. | :05:53. | |
the self-employed sector, with single people or perhaps | :05:54. | :05:55. | |
partnerships, very small businesses, so I would say that if there is | :05:56. | :06:00. | |
going to be a hit, it will hit us hard. Would you vote against the? We | :06:01. | :06:02. | |
will have to see when we hard. Would you vote against the? We | :06:03. | :06:04. | |
will have to see when we discuss it in the debate. | :06:05. | :06:04. | |
will have to see when we discuss it in the debate. What would persuade | :06:05. | :06:14. | |
you to vote against this? National insurance is regressive and has been | :06:15. | :06:15. | |
seen in the past as job destroying. insurance is regressive and has been | :06:16. | :06:18. | |
seen in the past as job destroying. If you are going to go | :06:19. | :06:19. | |
seen in the past as job destroying. If you are going to go over the | :06:20. | :06:21. | |
16,000 harrier to be paying If you are going to go over the | :06:22. | :06:23. | |
16,000 harrier to be paying more, there are lots of reasons to oppose | :06:24. | :06:25. | |
it. Lots of conditions there are lots of reasons to oppose | :06:26. | :06:28. | |
it. Lots of conditions and qualifications, | :06:29. | :06:28. | |
it. Lots of conditions and it. Lots of conditions and | :06:29. | :06:29. | |
qualifications, Jenny, as we have heard. Basically, is this a policy | :06:30. | :06:32. | |
you can upload or not as heard. Basically, is this a policy | :06:33. | :06:34. | |
you can upload or not as Lib Dems? It is not. The Tories | :06:35. | :06:35. | |
you can upload or not as Lib Dems? It is not. The Tories have sold | :06:36. | :06:36. | |
you can upload or not as Lib Dems? It is not. The Tories have sold | :06:37. | :06:39. | |
themselves traditionally as the party of small business, and here | :06:40. | :06:44. | |
they are breaking a fundamental promise to | :06:45. | :06:44. | |
they are breaking a fundamental promise to small business | :06:45. | :06:45. | |
they are breaking a fundamental promise to small business people. It | :06:46. | :06:47. | |
is worse than that - they are doing it at a time when we are desperate | :06:48. | :06:52. | |
to encourage people to be as entrepreneurial as possible, to | :06:53. | :06:53. | |
encourage people to go out entrepreneurial as possible, to | :06:54. | :06:55. | |
encourage people to go out and earn a decent | :06:56. | :06:55. | |
encourage people to go out and earn a decent living because of the | :06:56. | :07:00. | |
impact that Brexit is going to have a decent living because of the | :07:01. | :07:01. | |
impact that Brexit is going to have on the | :07:02. | :07:01. | |
impact that Brexit is going to have on the Welsh economy. We have got to | :07:02. | :07:05. | |
use every tool in our on the Welsh economy. We have got to | :07:06. | :07:07. | |
use every tool in our tool box in order to try and withstand the shock | :07:08. | :07:08. | |
use every tool in our tool box in order to try and withstand the shock | :07:09. | :07:08. | |
that that order to try and withstand the shock | :07:09. | :07:11. | |
that that will bring to our economy. You make that point clear. We have a | :07:12. | :07:16. | |
range of views. One of the announcement today, and the few | :07:17. | :07:18. | |
mentions of Wales announcement today, and the few | :07:19. | :07:23. | |
mentions of Wales in the speech, the ?200 million of extra money. Jo, for | :07:24. | :07:29. | |
people watching, where will this money go? I listened to the whole | :07:30. | :07:34. | |
speech, I was in the chamber money go? I listened to the whole | :07:35. | :07:35. | |
speech, I was in the chamber for it, and I started out thinking it was | :07:36. | :07:38. | |
thin and disappointing, and I and I started out thinking it was | :07:39. | :07:39. | |
thin and disappointing, and I certainly wasn't | :07:40. | :07:39. | |
thin and disappointing, and I certainly wasn't disappointed. There | :07:40. | :07:42. | |
was very little in this Budget for Wales today. Some of that | :07:43. | :07:45. | |
was very little in this Budget for Wales today. Some of that money had | :07:46. | :07:48. | |
already been announced previously, and we have seen a Budget for the | :07:49. | :07:50. | |
Welsh Government cut in real terms and we have seen a Budget for the | :07:51. | :07:51. | |
Welsh Government cut in real terms since 2010 by 8%. This is | :07:52. | :07:52. | |
Welsh Government cut in real terms since 2010 by 8%. This is a drop in | :07:53. | :07:53. | |
the ocean and is not very since 2010 by 8%. This is a drop in | :07:54. | :07:55. | |
the ocean and is not very much to do since 2010 by 8%. This is a drop in | :07:56. | :07:56. | |
the ocean and is not very much to do anything with. The Welsh Government | :07:57. | :08:00. | |
will make up its mind about how to deal the capital part and how | :08:01. | :08:01. | |
will make up its mind about how to deal the capital part and how to | :08:02. | :08:03. | |
deal with the revenue part, but it is not much to play with. You are | :08:04. | :08:06. | |
clear on the is not much to play with. You are | :08:07. | :08:06. | |
clear on the amount and what is not much to play with. You are | :08:07. | :08:07. | |
clear on the amount and what you think of it, but again, where is the | :08:08. | :08:11. | |
priority to use this money, in your view? The Welsh Government may look | :08:12. | :08:17. | |
at business rates again. They previously put ?20 million in to | :08:18. | :08:20. | |
an additional scheme help small businesses, and there was | :08:21. | :08:22. | |
an additional scheme to help with business rate relief. They may look | :08:23. | :08:25. | |
at that, but the pressures on public services in Wales because of that | :08:26. | :08:29. | |
real terms Budget cuts are huge. That small | :08:30. | :08:29. | |
real terms Budget cuts are huge. That small amount of money will have | :08:30. | :08:39. | |
to be spread thinly. Jenny, argue as critical as Jo of the amount and the | :08:40. | :08:42. | |
Welsh profile? I think it is very disappointing, all told. It is | :08:43. | :08:46. | |
particularly disappointing for Wales, which is one of the poorer | :08:47. | :08:48. | |
economies in the Wales, which is one of the poorer | :08:49. | :08:52. | |
economies in the UK. Taiwan to draw out of this the actual amounts of | :08:53. | :08:53. | |
economies in the UK. Taiwan to draw out of this the actual amounts of | :08:54. | :08:58. | |
money. For example, ?50 million over format years for infrastructure. | :08:59. | :09:04. | |
Now, that is absolute peanuts. That goes absolutely nowhere when you are | :09:05. | :09:07. | |
talking about repairing the A55 and improving that road, this south | :09:08. | :09:21. | |
wales metro, M4 relief measures. It is a minute amount of money over | :09:22. | :09:23. | |
format years. The amount of is a minute amount of money over | :09:24. | :09:25. | |
format years. The amount of money for the revenue Budget would not | :09:26. | :09:26. | |
make the for the revenue Budget would not | :09:27. | :09:35. | |
make the difference to the NHS that is needed. ?200 million over format | :09:36. | :09:42. | |
years, peanuts according to the Lib Dems | :09:43. | :09:42. | |
years, peanuts according to the Lib years, peanuts according to the Lib | :09:43. | :09:46. | |
Dems - your perspective? That is ?400 million to do up Buckingham | :09:47. | :09:54. | |
Palace, 5 billion to do up the Palace of Westminster, ?200 million | :09:55. | :09:55. | |
Wales. Palace of Westminster, ?200 million | :09:56. | :10:00. | |
Wales. We are looking at things like health and education, where | :10:01. | :10:02. | |
inflation is higher than the general economy and there are huge pressures | :10:03. | :10:05. | |
because of the nature of our population, so it isn't a lot. | :10:06. | :10:07. | |
because of the nature of our population, so it isn't a lot. I | :10:08. | :10:07. | |
welcome population, so it isn't a lot. I | :10:08. | :10:09. | |
welcome every extra pound. We need a good deal more. Notwithstanding your | :10:10. | :10:14. | |
concerns about the, where should the money be spent and what can Welsh | :10:15. | :10:17. | |
voters expect to see different after money be spent and what can Welsh | :10:18. | :10:18. | |
voters expect to see different after this money is spent? I have no idea. | :10:19. | :10:26. | |
The butter will have to be fed the spread very thinly indeed. There are | :10:27. | :10:31. | |
pressures on health. Social care is another, but this money won't go | :10:32. | :10:32. | |
pressures on health. Social care is another, but this money won't go | :10:33. | :10:32. | |
very far. another, but this money won't go | :10:33. | :10:37. | |
very far. There is money for a somethings, Guto, where should this | :10:38. | :10:44. | |
be spent? You highlighted that this is the last spring Budget, and the | :10:45. | :10:47. | |
reason is we will have an Autumn Statement in future. The Chancellor | :10:48. | :10:51. | |
is clear that the two things should be | :10:52. | :10:51. | |
is clear that the two things should is clear that the two things should | :10:52. | :10:54. | |
be merged into one, so there is ?700 million of extra capital spending | :10:55. | :10:58. | |
announced in December for the Welsh Government. I'm sure they wouldn't | :10:59. | :11:03. | |
refer to that is peanuts. We now have another ?200 million coming in | :11:04. | :11:04. | |
in terms of revenue spending, so in have another ?200 million coming in | :11:05. | :11:07. | |
in terms of revenue spending, so in less than | :11:08. | :11:07. | |
in terms of revenue spending, so in less than four months, the Welsh | :11:08. | :11:12. | |
Government Budget has been increased by almost ?1 | :11:13. | :11:12. | |
Government Budget has been increased by almost ?1 billion. A fiscal | :11:13. | :11:16. | |
framework for Wales is something that was never delivered by Labour | :11:17. | :11:25. | |
when they were in power. ?700 million from the Autumn Statement, | :11:26. | :11:29. | |
200 million today, it is good news. As | :11:30. | :11:29. | |
200 million today, it is good news. 200 million today, it is good news. | :11:30. | :11:30. | |
As to where it should be spent, the vast majority of the 200 million is | :11:31. | :11:33. | |
As to where it should be spent, the vast majority of the 200 million is | :11:34. | :11:33. | |
the result vast majority of the 200 million is | :11:34. | :11:35. | |
the result of a change to business rates in England. I would ask the | :11:36. | :11:39. | |
Welsh assembly Government to prioritise those two areas. There | :11:40. | :11:43. | |
are businesses in my constituency who would be glad of the support | :11:44. | :11:44. | |
are businesses in my constituency who would be glad of the support | :11:45. | :11:44. | |
that can come their way. In the who would be glad of the support | :11:45. | :11:46. | |
that can come their way. In the same way, | :11:47. | :11:46. | |
that can come their way. In the same that can come their way. In the same | :11:47. | :11:48. | |
way, there we know there are issues that can come their way. In the same | :11:49. | :11:50. | |
way, there we know there are issues with social | :11:51. | :11:50. | |
way, there we know there are issues with social care. Changes in England | :11:51. | :11:54. | |
will result in a barn at consequential | :11:55. | :11:54. | |
will result in a barn at will result in a barn at | :11:55. | :11:57. | |
consequential for Wales. The way the Barnett system works is, you have | :11:58. | :11:59. | |
consequential is Barnett system works is, you have | :12:00. | :12:00. | |
consequential is as a result of increased spending in England. This | :12:01. | :12:03. | |
was a fiscally neutral Budget, so the fact that Wales still gets ?200 | :12:04. | :12:06. | |
million is still a very good deal. the fact that Wales still gets ?200 | :12:07. | :12:10. | |
million is still a very good deal. So it is ?900 million if you take in | :12:11. | :12:14. | |
the previous statement. The three of you are giving us a misleading | :12:15. | :12:18. | |
picture? If we talk about what we didn't see today, nothing on the | :12:19. | :12:23. | |
Swansea tidal lagoon. There is huge cross-party support for that an | :12:24. | :12:24. | |
Government has sat cross-party support for that an | :12:25. | :12:26. | |
Government has sat on its hands and done nothing with Charles Hendry's | :12:27. | :12:31. | |
report. It is an opportunity for us to become world leaders in marine | :12:32. | :12:34. | |
technology engineering, and the Government is doing. Nothing on the | :12:35. | :12:41. | |
Swansea City deal. We are waiting for projects to deliver jobs and | :12:42. | :12:42. | |
growth, and for projects to deliver jobs and | :12:43. | :12:44. | |
growth, and nothing is happening. That is exactly what I wanted to | :12:45. | :12:46. | |
growth, and nothing is happening. That is exactly what I wanted to | :12:47. | :12:53. | |
raise. The city deal, the lagoon - what does the silence signify today? | :12:54. | :12:54. | |
raise. The city deal, the lagoon - what does the silence signify today? | :12:55. | :12:59. | |
Nothing, there will be a Swansea City deal. The discussions are | :13:00. | :13:01. | |
progressing well and it has been described as a good deal. There are | :13:02. | :13:04. | |
things we want to tweak, but I described as a good deal. There are | :13:05. | :13:06. | |
things we want to tweak, but I am confident there will be a deal. It | :13:07. | :13:09. | |
was never stated that the decision would be made at this Budget. I | :13:10. | :13:11. | |
would remind listeners that when we would be made at this Budget. I | :13:12. | :13:13. | |
would remind listeners that when we set out the Cardiff City deal, the | :13:14. | :13:16. | |
same opponents said there would not be won, and we have ended up with a | :13:17. | :13:19. | |
contribution from the UK Treasury be won, and we have ended up with a | :13:20. | :13:22. | |
contribution from the UK Treasury of one million pounds. They also said | :13:23. | :13:27. | |
they would underwrite the ?600 million of | :13:28. | :13:27. | |
they would underwrite the ?600 million of European funding, | :13:28. | :13:28. | |
they would underwrite the ?600 million of European funding, and yet | :13:29. | :13:28. | |
none of the million of European funding, and yet | :13:29. | :13:30. | |
none of the work on the Metro has commenced. We need money coming from | :13:31. | :13:35. | |
Westminster, additional money on top of the Welsh block grant, but we | :13:36. | :13:36. | |
also need of the Welsh block grant, but we | :13:37. | :13:38. | |
also need to see the Welsh Government starting to spend that | :13:39. | :13:43. | |
money. When we have a city deal for Cardiff weather over ?1 billion, | :13:44. | :13:43. | |
money. When we have a city deal for Cardiff weather over ?1 billion, | :13:44. | :13:47. | |
let's see some action. We will have a deal for West Wales as a | :13:48. | :13:48. | |
let's see some action. We will have a deal for West Wales as a result of | :13:49. | :13:52. | |
the Swansea regional deal. I am confident we will have a growth deal | :13:53. | :13:56. | |
in North Wales in due course as well. For people watching in Swansea | :13:57. | :14:03. | |
and West Wales today, and North Wales, let's take Swansea Festival, | :14:04. | :14:04. | |
will they get news before the end Wales, let's take Swansea Festival, | :14:05. | :14:07. | |
will they get news before the end of the year on that? This fiscal year | :14:08. | :14:13. | |
calendar year? I would be confident in this calendar year. It would be | :14:14. | :14:14. | |
tough to have it before in this calendar year. It would be | :14:15. | :14:16. | |
tough to have it before the end of match. But in the calendar year, | :14:17. | :14:21. | |
there will be a decision. And you are absolutely confident it will | :14:22. | :14:26. | |
come about? The bid we have put together has been described as | :14:27. | :14:30. | |
exciting, wetter than some of the deal is signed in England. There are | :14:31. | :14:33. | |
some issues to be tweaked and improved. It is a bottom- up deal. | :14:34. | :14:38. | |
We're not saying Westminster knows best. We are saying that there are | :14:39. | :14:41. | |
some things best. We are saying that there are | :14:42. | :14:43. | |
some things that are promising and we would like to look at again. I am | :14:44. | :14:50. | |
confident we will have a good deal for Swansea which shows that | :14:51. | :14:53. | |
Westminster not only delivers for the capital city | :14:54. | :14:54. | |
Westminster not only delivers for the capital city of Wales but for | :14:55. | :14:57. | |
the second city. I will come to Hywel, and the North Wales context? | :14:58. | :15:05. | |
The work being put in by the six authorities in North Wales is to be | :15:06. | :15:10. | |
applauded. The group of local authorities looking to improve | :15:11. | :15:12. | |
transport links with the North West of England are doing fantastic work, | :15:13. | :15:16. | |
so we're confident we will deliver the North Wales growth deal. Swansea | :15:17. | :15:19. | |
first, then the North Wales deal. the North Wales growth deal. Swansea | :15:20. | :15:22. | |
first, then the North Wales deal. Confidence on both, - do you share | :15:23. | :15:30. | |
that? We would like to see the deal being made at this time so | :15:31. | :15:31. | |
that? We would like to see the deal being made at this time so we would | :15:32. | :15:31. | |
be confident that it was going ahead being made at this time so we would | :15:32. | :15:33. | |
be confident that it was going ahead in Swansea. There are implications | :15:34. | :15:36. | |
in North Wales because there are plans for a | :15:37. | :15:37. | |
in North Wales because there are plans for a lagoon there as well. | :15:38. | :15:39. | |
One other thing about capital plans for a lagoon there as well. | :15:40. | :15:42. | |
One other thing about capital spending, we still don't have a | :15:43. | :15:44. | |
single spending, we still don't have a | :15:45. | :15:45. | |
single inch of electrified rail in Wales, whatever | :15:46. | :15:45. | |
single inch of electrified rail in Wales, whatever happens. After a | :15:46. | :15:55. | |
Labour Government for many years, a coalition and then a Conservative | :15:56. | :15:56. | |
Government... We know it's on the way but we know | :15:57. | :16:05. | |
it is over budget in England at this point in time. But we know it will | :16:06. | :16:11. | |
arrive. The work has been done on the seven tunnel. Nobody is more | :16:12. | :16:15. | |
frustrated than the on the fact that it is behind budget but we will have | :16:16. | :16:22. | |
faster trains going all the way to Swansea, and it is a commitment I | :16:23. | :16:26. | |
want to take that I understand the frustrations. To bring it to a close | :16:27. | :16:32. | |
here before we move on. On the infrastructure, looking at the | :16:33. | :16:35. | |
Swansea deal which Guto has been positive about, are you confident | :16:36. | :16:39. | |
that we will see this coming to fruition? Is it again something that | :16:40. | :16:43. | |
the Liberal Democrats think is a good template for economic | :16:44. | :16:49. | |
regeneration? I hope it comes in to fruition but we need to keep up the | :16:50. | :16:53. | |
pressure to make sure electrification goes beyond Cardiff | :16:54. | :16:57. | |
to Swansea. Because, it is absolutely essential the job is | :16:58. | :17:01. | |
finished. But, you know, that is just the beginning of the South | :17:02. | :17:09. | |
Wales valleys, we need to get the Metro going and we need the | :17:10. | :17:15. | |
infrastructure investment. We need to be working with UK Government to | :17:16. | :17:21. | |
revitalise that area. And we will need that impetus in the years to | :17:22. | :17:26. | |
come, because of the Brexit shock. You mentioned Brexit, I want to | :17:27. | :17:31. | |
pause for a second there. By the way, electrification for Swansea, | :17:32. | :17:35. | |
people are expecting that, it would be an even better project, | :17:36. | :17:41. | |
obviously! There's no need to go mad, go all the way to Carmarthen. | :17:42. | :17:47. | |
As Jenny mentioned, one of the surprise aspects was very few | :17:48. | :17:50. | |
mentions of the Brexit process. A couple of mentions from the | :17:51. | :17:54. | |
Chancellor at the start of the speech but it is the context for the | :17:55. | :17:58. | |
biggest economic debate of the moment. And the issue that comes up | :17:59. | :18:03. | |
most often is Welsh access, continued access, to the European | :18:04. | :18:13. | |
single market. Two economic experts take us through their views on the | :18:14. | :18:15. | |
next movements... There is no denying that the single | :18:16. | :18:32. | |
market is important to Wales. Something like two thirds of its | :18:33. | :18:40. | |
exports are EU related. But, one must not forget that although it is | :18:41. | :18:45. | |
important to Wales, that the rest of the world is also open to Wales. | :18:46. | :18:51. | |
But, as you said, at the moment two thirds of exports from Wales are | :18:52. | :18:55. | |
into the EU. That is not going to change overnight, just because there | :18:56. | :19:00. | |
might be a shiny new free trade agreement with a country like Korea | :19:01. | :19:08. | |
or Japan. Businesses trade with businesses. Relationships are | :19:09. | :19:12. | |
established over a long period of time. At the moment it is very | :19:13. | :19:16. | |
hassle-free and straightforward. I think it will actually deter smaller | :19:17. | :19:21. | |
businesses from importing or exporting, just because it is more | :19:22. | :19:22. | |
difficult. I think that free movement of labour | :19:23. | :19:36. | |
is very important and vital for British industry. And, it is too | :19:37. | :19:42. | |
simplistic to say that we need to have full control of immigration. | :19:43. | :19:47. | |
Immigration is usually a good thing. We will control immigration simply | :19:48. | :19:50. | |
because we need to have a kind of system that filters the right kind | :19:51. | :19:55. | |
of quality labour that we need, which improves our economy and | :19:56. | :20:00. | |
increases Value added. I do not see immigration necessarily falling, it | :20:01. | :20:07. | |
might even rise, who knows? What I do believe is that there will be | :20:08. | :20:17. | |
control. All of a sudden, those with imported | :20:18. | :20:25. | |
and exported from into the EU, with little paperwork, they will be faced | :20:26. | :20:28. | |
with quite a substantial amount. We would have to be faced with delays, | :20:29. | :20:34. | |
we had to be faced with warehousing, and all associated costs. It needs | :20:35. | :20:38. | |
to be factored in and I'm not sure, at the moment, whether the Welsh | :20:39. | :20:42. | |
economy is prepared for that. If you look at it dispassionately from an | :20:43. | :20:47. | |
economic point of view, removing ourselves from the year, from the | :20:48. | :20:51. | |
customs union, and freeing ourselves to enable us to trade freely with | :20:52. | :20:55. | |
the rest of the world, that would actually be good for Britain and | :20:56. | :20:56. | |
good for Wales. -- a rather intriguing game of chess | :20:57. | :21:16. | |
there. Let's pick up with our guests. Jo, let's pick up with | :21:17. | :21:21. | |
Wales's future outside of the EU. Whether or not there is some sort of | :21:22. | :21:26. | |
access, into the single market, on which we currently depend. Your | :21:27. | :21:30. | |
perspective on this, and how the government is going about it? What I | :21:31. | :21:33. | |
thought was most shocking about the budget today was the absence of any | :21:34. | :21:37. | |
reference to Brexit, it is the biggest thing that will hit our | :21:38. | :21:41. | |
economy in Wales and the UK, there was no mention. The budget speech | :21:42. | :21:47. | |
was trailed with some kind of ?60 billion reserve to protect us | :21:48. | :21:49. | |
through Brexit and there was no mention. | :21:50. | :21:57. | |
It seems if I was someone who worked at Ford, Vauxhall Airbus, and was | :21:58. | :22:00. | |
watching the budget speech today and was thinking about Brexit and market | :22:01. | :22:03. | |
access, I would be really worried, there was nothing to reassure me or | :22:04. | :22:07. | |
the people of Wales that the funding we get from the EU will continue | :22:08. | :22:12. | |
once we leave. Earlier, in this very studio, Paul Johnson of the | :22:13. | :22:15. | |
Institute for Fiscal Studies was here, and when I asked about it, to | :22:16. | :22:19. | |
said it was nonsense. There was no thing as a Brexit war chest. They | :22:20. | :22:24. | |
are busy dealing with the state of public finances. But the point | :22:25. | :22:28. | |
being, there is an issue about how much of the Brexit perspective there | :22:29. | :22:34. | |
was in the speech, even if it was implied? Not explicitly spelt out. | :22:35. | :22:39. | |
For you, Hywel, where does it position Wales? Let's have a | :22:40. | :22:46. | |
specific point. Some farmers will be experiencing a very difficult | :22:47. | :22:49. | |
position when we leave the EU, some of them will be facing paying more | :22:50. | :22:53. | |
national insurance. That's an obvious Brexit issue here. It is not | :22:54. | :22:59. | |
just industry. It is our country areas. And, the system that we have | :23:00. | :23:05. | |
within country areas. The farmer pays the person who runs the garage | :23:06. | :23:12. | |
who pays the guy who fixes things. It has profound implications. I was | :23:13. | :23:17. | |
surprised there was not a lot in there about Brexit. It is the | :23:18. | :23:21. | |
context for everything we do at the moment. There is a prison that | :23:22. | :23:24. | |
everything is viewed through and will be for the next two years at | :23:25. | :23:30. | |
least. And for years after that, as our economy adjusts -- prism. It is | :23:31. | :23:36. | |
a bit disingenuous of the Chancellor, not to put it centre | :23:37. | :23:42. | |
stage. Because, I would say that he is | :23:43. | :23:43. | |
bound to be setting aside money for the times to come. He would not be a | :23:44. | :23:52. | |
sensible Chancellor unless he was doing so. I think if he had not had | :23:53. | :23:57. | |
Brexit full in his view, then he would have been able to spend a | :23:58. | :24:02. | |
great deal more money and invest a great deal more in the economy, in | :24:03. | :24:07. | |
skills, the NHS... Even with a deficit at these levels? Yes, I | :24:08. | :24:10. | |
think he would have felt that the economy was doing well enough to | :24:11. | :24:18. | |
apply some stimulus. Was it a Brexit free speech? All three panellists | :24:19. | :24:23. | |
have already said that Brexit is the context for everything. This was a | :24:24. | :24:26. | |
physical lean neutral and careful budget because we are going through | :24:27. | :24:32. | |
the Brexit process. We talk about Brexit all the time in Westminster. | :24:33. | :24:37. | |
We will be having ping-pong as a result of decisions taken in the | :24:38. | :24:41. | |
House of Lords. It's a budget put together in a careful manner because | :24:42. | :24:44. | |
of Brexit but I find the idea that a country which is running a deficit, | :24:45. | :24:49. | |
as we still are, despite the fact we talk about austerity, we still had a | :24:50. | :24:54. | |
deficit, putting money aside is not realistic. We are in a position | :24:55. | :24:58. | |
slowly better than anticipated and better than we anticipated on the | :24:59. | :25:02. | |
day after Brexit. This is the context where we are working but the | :25:03. | :25:09. | |
fact the Chancellor did not use that magic word does not mean that the | :25:10. | :25:11. | |
budget today does not reflect the fact we need to be careful with | :25:12. | :25:14. | |
public finances. When will we get the good weather so that we can fix | :25:15. | :25:19. | |
the roof? I don't understand the question, the situation is the | :25:20. | :25:22. | |
Brexit White Paper prepared by the Labour government with the Liberal | :25:23. | :25:27. | |
Democrats and signed up to buy Plaid Cymru, a lot of the issues there | :25:28. | :25:31. | |
similar to what the government wants to achieve in Westminster as well. | :25:32. | :25:36. | |
We want as little friction access to the single market, and a good level | :25:37. | :25:43. | |
of access to the single market. We have these discussions in a Welsh | :25:44. | :25:47. | |
context and ultimately there was a decision made by the Welsh people. | :25:48. | :25:51. | |
Not a decision I subscribe to, I campaigned on the other side of the | :25:52. | :25:55. | |
debate but concerns have been expressed by the Welsh people and we | :25:56. | :25:59. | |
have responsibility to deliver Brexit in as painless a fashion as | :26:00. | :26:03. | |
possible and to see we can build on the opportunities that will come our | :26:04. | :26:07. | |
way. One of the concerns, if not the main one, was the level of | :26:08. | :26:12. | |
immigration. It leaves Labour where now, today? In terms of your input | :26:13. | :26:17. | |
into the debate has it develops? Questions around the freedom of | :26:18. | :26:22. | |
movement. Carwyn Jones has said that needs to be addressed. What does | :26:23. | :26:28. | |
that mean in terms of how you view the government's handling of the | :26:29. | :26:32. | |
debate. It's interesting, in the package we saw the possibility that | :26:33. | :26:36. | |
immigration levels might rise, and my constituency is a city centre, | :26:37. | :26:43. | |
Cardiff, they voted to remain. Concerns about immigration which | :26:44. | :26:46. | |
have been planted on to the discussion about the vote when the | :26:47. | :26:50. | |
views I heard in Cardiff. Looking at areas of Wales where there were | :26:51. | :26:53. | |
higher levels of immigration, there was not the concern, looking at | :26:54. | :26:58. | |
areas of Wales where there are very low levels, there's a perception it | :26:59. | :27:02. | |
is a problem. It's more complex than that if I may say so, my | :27:03. | :27:07. | |
constituency and the next along voted to remain. People could see | :27:08. | :27:12. | |
the point of it. We will have problems with our university, with | :27:13. | :27:17. | |
huge numbers of people and staff in Wales. They don't know where they | :27:18. | :27:25. | |
stand. So, there are huge problems. Because one of the sensitivities, | :27:26. | :27:28. | |
Jenny I will come to you in a second, let me pick up Guto on that | :27:29. | :27:33. | |
point. The status of EU nationals, there is such a big debate. I read | :27:34. | :27:39. | |
about a French teacher who had been living here since 1974, now facing a | :27:40. | :27:43. | |
very difficult situation. Is that where you thought you would be at | :27:44. | :27:48. | |
this point? Well, no. You have to be aware that on three separate | :27:49. | :27:51. | |
occasions the government offered to deal with this issue separate to the | :27:52. | :27:56. | |
other negotiations. People who said no European partners, which is | :27:57. | :27:59. | |
clear. We always get the blame from other parties, the government. But | :28:00. | :28:04. | |
on three separate occasions the Prime Minister made it clear she | :28:05. | :28:07. | |
would like to deal with the issue of EU nationals in the UK and the EU | :28:08. | :28:10. | |
separately from main negotiations which has been the rejected. We have | :28:11. | :28:16. | |
an obligation to the 3 million EU nationals in the UK, I 100% agree, | :28:17. | :28:20. | |
but also the nationals in the European Union. We need an | :28:21. | :28:25. | |
agreement. The 27 countries in the EU need to talk to the government on | :28:26. | :28:30. | |
this issue. It is symptomatic of the problem. We have a specific issue | :28:31. | :28:34. | |
where on both sides of the argument, we agree that the status of these | :28:35. | :28:39. | |
people must be settled. But, even on this particular one, we cannot get | :28:40. | :28:45. | |
agreement. This is going to show how complex the whole thing is going to | :28:46. | :28:50. | |
be, over the next few years. Because, absolutely every aspect of | :28:51. | :28:56. | |
leaving the year, that you touch, it becomes a hugely complex issue. And | :28:57. | :29:00. | |
I think that what people in general, and certainly I did not appreciate, | :29:01. | :29:07. | |
I campaigned strongly to remain. But, I don't think I realised half | :29:08. | :29:11. | |
of the complexity of what is faced now. And, in the immigration issue | :29:12. | :29:20. | |
is only one tiny aspect. Jo, what were you going to say? I was going | :29:21. | :29:25. | |
to say to Guto, I would want to start negotiations on a positive | :29:26. | :29:28. | |
footing. Make a gesture, she could do it now. It is easy to make a | :29:29. | :29:38. | |
gesture... But you do have a responsibility to UK nationals in | :29:39. | :29:41. | |
the European Union as well. And you need to be honest. The Spanish | :29:42. | :29:46. | |
government seriously do not want to have 800,000 pensioners from the UK | :29:47. | :29:50. | |
in Spain. There would be an issue in, do we pick up the medical bills, | :29:51. | :29:55. | |
for example? We cannot say, well, everybody can stay in the UK, until | :29:56. | :29:59. | |
we know what will happen to relatives of people in my | :30:00. | :30:05. | |
constituency. Tell that to the academic staff at Cardiff University | :30:06. | :30:10. | |
from the EU... But why is this government wrong? Why aren't you | :30:11. | :30:14. | |
complaining about the EU not making a gesture? It is a moral issue... | :30:15. | :30:20. | |
For the EU in exactly the same way as the UK Government. You cannot say | :30:21. | :30:25. | |
it is a moral failure on the heart of this government... But we are the | :30:26. | :30:28. | |
country that wants to leave. And therefore, we need to leave by -- | :30:29. | :30:35. | |
lead by example. And we said firmly, can we have it separate from Brexit | :30:36. | :30:39. | |
negotiations quit at the offer was rejected. I take your point, Guto, | :30:40. | :30:43. | |
but it does not solve the problem for the people in Swansea, Newport, | :30:44. | :30:50. | |
everywhere else. It will solve the problems for some people but not | :30:51. | :30:53. | |
others. We want to solve the problem for everybody. 3 million in the UK | :30:54. | :30:59. | |
and 1.3 million in Europe. It would be morally wrong if we abandoned the | :31:00. | :31:04. | |
1.3 million citizens in Europe. You are showing by example and putting | :31:05. | :31:08. | |
the EU in a position where they cannot possibly treat them less than | :31:09. | :31:13. | |
well. You are ignoring the reality of where UK citizens are in the EU. | :31:14. | :31:19. | |
You need a position where the whole of the EU deal as one. There are | :31:20. | :31:29. | |
very few Spanish nationals in the UK. Europe has to deal with it | :31:30. | :31:34. | |
together and do it now. They cannot do it without... Where does it leave | :31:35. | :31:41. | |
the quick and easy Brexit? UK nationals living abroad in Europe, | :31:42. | :31:45. | |
to vote in the referendum committee would not let European nationals | :31:46. | :31:49. | |
living in the UK vote on the referendum but if they had been able | :31:50. | :31:53. | |
to, that would have had a different result. That takes us in a very | :31:54. | :31:59. | |
different direction. Thank you for joining us today. On budget day. | :32:00. | :32:02. | |
My thanks to Guto Bebb, Jo Stevens, Hywel Williams and Baroness Jenny | :32:03. | :32:05. | |
We'll be back next week, but in the meantime, you can get | :32:06. | :32:09. | |
in touch with us by email: [email protected] | :32:10. | :32:11. | |
From Westminster, thanks for watching. | :32:12. | :32:13. | |
Award-winning comedian Rhod Gilbert is back for a new series. | :32:14. | :32:46. | |
Please tell me you've got something else I can wear. | :32:47. | :32:48. |