Plaid Cymru has responded to a report from the IPPR, which shows that Wales and the north east of England will be hit hardest by Brexit, as a result of price rises exposure to EU export market. Responding to the report, Plaid Cymru’s Brexit spokesperson in Westminster, Hywel Williams MP said:
“The real impact of the Westminster parties’ needlessly hard Brexit is beginning to reveal itself across the UK and as this report shows – more so in Wales than the other UK countries.
“Families are already £900 a year poorer than they would have been had the referendum result gone the other way, and if we follow the policies of both Theresa May and Jeremy Corbyn and leave the Single Market and Customs Union, we will fall further significantly further behind as the cost of living soars.
“Just over a week ago one of Wales’s most important employers warned they would have to consider leaving Wales as a result of Tory and Labour Brexit policies, and since then the Tory Westminster Government has broken its promise to invest in the Swansea Bay Tidal Lagoon. They are refusing to create jobs and boost wages in Wales while at the same time threatening the jobs that already exist.
“The key lesson for Wales is that we cannot continue to allow Westminster to make all our decisions on our behalf. We have to take control over our own future or families will continue to get poorer, and more and more businesses will need to look elsewhere.
“It’s time we took control over our own country.”
The full report, ‘An equal exit? The distributional consequences of leaving the EU’ is online at: https://www.ippr.org/research/publications/an-equal-exit