Growth is the No. 1 mission of this Government. We are creating tens of thousands of jobs in every corner of Wales, including through billions of pounds of investment in nuclear power in Anglesey, two AI growth zones, a defence growth deal, two freeports and two investment zones, which will deliver further economic growth to Wales.
Because of decisions made by the UK Labour Government, the minimum wage and the living wage will increase, boosting wages for thousands of workers across this country, including 160,000 people in Wales. Could the Secretary of State set out what impact she thinks this critical announcement will have on the economy and people of Wales?
From April, a full-time worker on the national living wage will see their annual pay rise by £900, on top of the £1,400 increase that we announced in the previous Budget, and 18 to 20-year-olds working full time on the national minimum wage will get an annual increase of £1,500, which, when added to last year’s increase of £2,500, means £4,000 extra a year. This Labour Government are supporting the lowest-paid workers across the country, with 2.7 million workers in Stoke-on-Trent Central, Cardiff East and every other constituency directly benefiting.
I was pleased to see Conwy recently selected for this UK Government’s Pride in Place programme. That is alongside the existing funds for Rhyl and Wrexham. Given the north-west’s strong economic and family ties to north Wales, I was proud to secure £20 million for Rochdale through the Pride in Place programme. Can the Secretary of State update the House on the difference that these growth funds and other funds will make to economic development in the region?
The introduction of the Pride in Place programme has meant good news for Rochdale, as well as for Wales. A total of 14 communities across Wales are each benefiting from £20 million of long-term investment to enable the changes that they want to see in their neighbourhoods. This hyper-local programme will benefit areas that are doubly disadvantaged, having both the highest deprivation levels and the weakest social infrastructure. It is about investing for the long term, and creating safer, stronger and more resilient communities with the facilities and infrastructure that they need to thrive.
It has been a momentous two weeks for my Welsh colleagues, with announcements of new AI growth zones in both north and south Wales, a fleet of small modular reactors, billions of pounds of investment and 11,000 new jobs. Does the Secretary of State agree that this shows that this Labour Government are determined to ensure that there will be growth across the UK, including in Wales?
My hon. Friend is absolutely right. This Labour Government have backed Welsh business and economic growth since day one, and the results speak for themselves; new nuclear at Wylfa and the two new AI growth zones will mean well over 11,500 new jobs. Add to that the best inward investment results for years, a 30% increase in jobs created, a 23% increase in projects landed, more jobs, wages rising faster than inflation, and more money in the pockets of people across Wales.
The UK and Welsh Governments are rightly prioritising the next generation through apprenticeships and engineering opportunities linked to the Wylfa SMR project. Does my right hon. Friend agree that young people in Scotland deserve access to the same world-class training pathways as those in Wales, and will she work with colleagues to ensure that Scottish businesses can participate fully in the UK-wide nuclear skills pipeline, despite the ideological opposition of the SNP, which prevents similar investments from being realised in Scotland?
My hon. Friend is absolutely right to raise the ideology of the nationalists. Nationalists in Scotland turn their back on nuclear jobs for Scots, while nationalists in Wales are desperately trying to hide the cavernous split in their party on whether they support new nuclear. This Labour Government are absolutely clear that we want economic opportunities for all parts of the UK, and we want jobs and skills opportunities—including nuclear skills—for people across the UK. Those parties that are hellbent on breaking our country apart are simply exposing the fact that they are willing to put their ideology before jobs, opportunities and economic benefits for the people and communities of these isles.
In order to secure rural economic growth in Wales, we need to ensure that our agricultural sector is supported. Every pound spent on agriculture generates £9 by supporting farm workers, vets, feed merchants, machinery sales and repairs, and local shops—I could go on and on. What is the Wales Office doing to support all those who live and work in rural Wales?
The hon. Lady will know that the Welsh Government have put extra money into farming this year through their Budget. Her party in the Senedd voted against that Budget. We are renegotiating the sanitary and phytosanitary standards deal with the EU, following our deal in May, and we are protecting farmers and food manufacturers across Wales.
If we are to improve economic growth in Wales, we can do that collectively. We can do it with tidal energy—Wales and Northern Ireland share the Irish sea—with wind turbines, and with floating wind turbines in the Irish sea. These are opportunities. We can make it happen with the engineering of those in Northern Ireland and Wales. Does the Secretary of State agree that it is time for us to work together for this great United Kingdom of Great Britain and Northern Ireland? We are always better together.
The hon. Gentleman eloquently sets out the case for the Union. The nationalists sat in front of him would break this country apart, ruining economic growth in this country. We are definitely all better together.
On Monday, it was delightful to observe the Chancellor and First Minister enjoying themselves in one of Wales’s premier hospitality venues, but we had an invisible Secretary of State for Wales once again. That venue is the type of business that must thrive if this Government are to have any chance of achieving anything other than anaemic growth and growing unemployment lines. If she had been there, what would people in the hospitality sector have told her about the minimum wage rise pressures, huge business rates and energy costs, the tourism tax, national insurance hikes and how those are strangling the economy in Wales, along with the bloated red tape and wanton spending from the Labour-run Senedd?