Dydd Gwyl Dewi hapus; happy St David’s Day for Monday, and a special shout-out to my wonderful Welsh teacher.
Wales accounts for 5% of the UK’s population, but produces only 3.4% of its wealth. My constituency of Anglesey has one of the lowest GVAs in Wales. Why is that, when in Môn Mam Cymru—Anglesey, the mother of Wales—we have such abundant natural resources? Anglesey has been neglected for many years and has become overly dependent on seasonal tourism. We were one of the first parts of the country to be hit by the economic effects of the pandemic, and we will be one of the last to recover. Indeed, if it was not for the intervention of the Chancellor, keeping businesses such as Catch 22 and Coffee Cups going, our local economy would have been decimated.
Our young people are forced to leave to seek work on the mainland due to the lack of good-quality jobs on the island. They tell me that what they really want is to stay here, buy a home, raise a family, share a daily paned with their friends, and keep their culture and language alive. Local businesses such as Holyhead Marine, Pentraeth Automotive and Holyhead Towing offer outstanding training and long-term jobs to local people, and the innovation jobs fair that I am holding at M-sParc will highlight our many science, technology, maths and engineering employers, but there simply are not enough quality jobs to go around.
This UK Government’s commitment to making a success of Brexit, levelling up and delivering net zero by 2050 will enable Anglesey to capitalise on its resources and talent, and bring prosperity back to our island. Wylfa Newydd is still the best site in the UK for nuclear power, and I continue to work with the Department for Business, Energy and Industrial Strategy and local stakeholders to explore potential opportunities at the site.
I am working on a proposal to bring a freeport to Anglesey. The freeport bidding process for Wales should be led by the Welsh Government, but it is already months behind the English process. This means that if—as seems likely—freeports are created in England ahead of those in Wales, Anglesey will be further disadvantaged. This week the UK Government announced that they will manage the £4 billion levelling-up fund. It is great news for Anglesey. I will be fighting hard to take advantage of that fund for the island and address past inequalities.
I assure my constituents that, like St David raising the hill so the crowds could see him, I am working hard to raise Anglesey up as a shining beacon of new prosperity for all to see. Diolch yn fawr.