1-20 of 21 results for subject:Finance
Librarians' tools
- Search time
- 0.219 seconds
- Solr query time
- 0.005 seconds
- Search query
- subject:Finance
- We searched for
- subject_t:Finance OR subject_ses:91257
Type
House
Session
Year
Department
More
Member
More
Primary member
Answering member
Legislative stage
Legislation
Subject
More
Publisher
To ask His Majesty's Government what assessment they have made of the impact and allocation of the funds budgeted to support those who lose their jobs as a result of the transformation of Port Talbot.
To ask His Majesty's Government what assessment they have made of the impact and allocation of the funds budgeted to support those who lose their jobs as a result of the transformation of Port Talbot.
The Tata Steel/Port Talbot Transition Board, chaired by the Secretary of State for Wales, supports those affected by Tata Steel UK’s decarbonisation transition and is supported by £100 million of funding. £80 million of which is provided by the UK Government, as confirmed by the Chancellor in the Budget on 30 October, and the remaining £20 million is provided by Tata Steel UK. The joint investment by UK Government and Tata Steel UK of £1.3 billion in an Electric Arc Furnace at Port Talbot has helped to protect 5,000 jobs and many more within the supply chain.
The Transition Board, in under a year, allocated the full UK Government £80 million funding to help those people and businesses affected by the transition, and to regenerate the local area. The UK Government Funds have created:
- The Supply Chain Transition Fund, to help businesses adapt to new markets.
- The Employment and Skills Fund, to help individuals re-train and find new well-paid jobs.
- The Business Start-Up Fund, to help people affected start new businesses.
- The Business Growth and Resilience Funds to help businesses reliant on Tata Steel UK but not in the supply chain, such as shops and cafes, adapt to the changes.
- Mental health and wellbeing support, to provide additional help to those affected.
- Regeneration projects, to create new business space for local businesses; to help remediate land and flood mitigation for the creation of an innovation centre in Port Talbot; and to create a skills centre for future green skills in green energy.
- An Economic Growth and Investment Fund is in development, to attract inward investment into Port Talbot, to create new, well-paid jobs for those affected by job losses.
The Transition Board receives updates on the impact of the funds at every Board meeting, containing data provided by delivery partners, such as Neath Port Talbot Council and Business Wales. The Transition Board last met on 26 June, and the following progress was reported up until that date:
- The Employment and Skills Fund: more than 2,800 training courses and qualifications have been funded so far.
- The Supply Chain Fund: 240 jobs have been safeguarded, and 26 new jobs have been created so far.
- The Resilience and Growth Funds: a total of 192 enquiries for support have been received so far.
- The Business Start-Up Fund: 12 new business have been created.
Funding for growth and regeneration projects in Port Talbot have also been funded by the Transition Board:
- On 6 February, the Secretary of State for Wales announced over £8m of the Transition Board funding to support the South Wales Industrial Transition from Carbon Hub project. This will redevelop a four-acre site at Harbourside, Port Talbot which will include the construction of additional shared space, undertake flood mitigation and the provision of specialist equipment. This investment will help establish an Innovation District in Port Talbot. This will support more than 100 jobs and bring an estimated £87.7 million in GVA benefits to the local economy.
- Three additional growth and regeneration projects were announced by the Secretary of State for Wales on 22 May, which committed over £20m for the creation of an Advanced Manufacturing Production Facility (AMPF) and National Net Zero Skills Centre of Excellence; and for the redevelopment of Metal Box and Sandfields Business Centre. These two projects will support over 270 jobs, and bring an estimated £119 million in GVA benefits to the local economy.
The growth and regeneration projects will also create construction jobs during the building, refurbishment and remediation phases.
My Lords, since the drowning of Tryweryn, we have seen a change in many directions. The relationship between Wales and the big cities—Birmingham and Liverpool have Welsh water—has become much more sensitive and understanding. A few months ago, we had an apology from the city of Liverpool to the people...
My Lords, since the drowning of Tryweryn, we have seen a change in many directions. The relationship between Wales and the big cities—Birmingham and Liverpool have Welsh water—has become much more sensitive and understanding. A few months ago, we had an apology from the city of Liverpool to the people...
My Lords, I am grateful to the Minister, and I shall tell all the Mrs Joneses what he wishes them to know. We thank the Minister. Knowing that progress has been made, we shall keep an alert eye on the publication of Assembly legislation and hope that we will never...
My Lords, I am grateful to the Minister, and I shall tell all the Mrs Joneses what he wishes them to know. We thank the Minister. Knowing that progress has been made, we shall keep an alert eye on the publication of Assembly legislation and hope that we will never...
My Lords, I thank the Minister for that response. As he rightly said, we have moved considerably since Committee stage. We will be looking at how this works out. However, I am still concerned that, say, Mrs Jones, who would not know a computer if she saw one, will be...
My Lords, I thank the Minister for that response. As he rightly said, we have moved considerably since Committee stage. We will be looking at how this works out. However, I am still concerned that, say, Mrs Jones, who would not know a computer if she saw one, will be...
moved Amendment No. 81:"After Clause 155, insert the following new clause—" ““REGISTER OF LEGISLATION (1) It shall be the duty of the Welsh Assembly Government to establish and maintain a register of all Assembly legislation. (2) In this section ““Assembly legislation”” means all legislation made by the National Assembly for Wales, the Welsh Assembly...
moved Amendment No. 81:"After Clause 155, insert the following new clause—" ““REGISTER OF LEGISLATION (1) It shall be the duty of the Welsh Assembly Government to establish and maintain a register of all Assembly legislation. (2) In this section ““Assembly legislation”” means all legislation made by the National Assembly for Wales, the Welsh Assembly...
I support the amendment. I have three brief points to make. I am very surprised that the Conservatives are against this move. In our debates on the powers of this House, for example, the argument is always not to clip the authority of this House, because the less responsibility that it has the...
I support the amendment. I have three brief points to make. I am very surprised that the Conservatives are against this move. In our debates on the powers of this House, for example, the argument is always not to clip the authority of this House, because the less responsibility that it has the...
moved Amendment No. 92:"After Clause 115, insert the following new clause—" ““PUBLICATION OF LEGISLATION (1) It shall be the duty of the Welsh Assembly Government to— (a) publish all Assembly legislation on its being made; and (b) establish and maintain a register of all Assembly legislation. (2) In this section ““Assembly legislation”” means all legislation made...
moved Amendment No. 92:"After Clause 115, insert the following new clause—" ““PUBLICATION OF LEGISLATION (1) It shall be the duty of the Welsh Assembly Government to— (a) publish all Assembly legislation on its being made; and (b) establish and maintain a register of all Assembly legislation. (2) In this section ““Assembly legislation”” means all legislation made...
I am more grateful for the last sentence the Minister uttered than for anything else that he has said. I listened carefully to what the noble Lord, Lord Prys-Davies, and the noble Baroness, Lady Finlay, said, and I share their concern. There is a gap where legislation should be in the public domain, but we...
I am more grateful for the last sentence the Minister uttered than for anything else that he has said. I listened carefully to what the noble Lord, Lord Prys-Davies, and the noble Baroness, Lady Finlay, said, and I share their concern. There is a gap where legislation should be in the public domain, but we...
I support the amendment standing in the name of my noble friend Lord Livsey, especially since the publication this morning of the House of Lords Science and Technology Committee report Water Management. This could have a devastating effect on communities in Wales that already have a reservoir in their area. The report...
I support the amendment standing in the name of my noble friend Lord Livsey, especially since the publication this morning of the House of Lords Science and Technology Committee report Water Management. This could have a devastating effect on communities in Wales that already have a reservoir in their area. The report...
I join the noble Lord, Lord Elystan-Morgan, in a wariness regarding the amendment from the Conservative Party. I remember in 1979 the referendum in Wales, when Mr Hamilton’s amendment said that we needed 40 per cent of the Welsh electorate to vote yes. I do not recall at all an amendment from the Conservative Party to make that any...
I join the noble Lord, Lord Elystan-Morgan, in a wariness regarding the amendment from the Conservative Party. I remember in 1979 the referendum in Wales, when Mr Hamilton’s amendment said that we needed 40 per cent of the Welsh electorate to vote yes. I do not recall at all an amendment from the Conservative Party to make that any...
My Lords, it is a privilege to take part in this debate on the future government of Wales. It is also a pleasure to welcome the noble Lord, Lord Elystan-Morgan. I wish that I could welcome him in Welsh; I am not sure whether the House’s procedure would permit that. I can say ““croeso””—welcome, and...
My Lords, it is a privilege to take part in this debate on the future government of Wales. It is also a pleasure to welcome the noble Lord, Lord Elystan-Morgan. I wish that I could welcome him in Welsh; I am not sure whether the House’s procedure would permit that. I can say ““croeso””—welcome, and...
I hope that such a sub-committee would not mean that there would be reduced representation on the main Public Transport Users’ Committee for Wales on behalf of the disabled, the frail and the elderly. That is where representatives are needed, where they can have the first and most direct input into...
I hope that such a sub-committee would not mean that there would be reduced representation on the main Public Transport Users’ Committee for Wales on behalf of the disabled, the frail and the elderly. That is where representatives are needed, where they can have the first and most direct input into...
I support what my noble friend has said. A failed connection between the Blaenau Ffestiniog to Llandudno Junction line and the Holyhead to Euston line is the type of thing that happens. It happened last week, when the train from London to Crewe was too late for the connection to Llandudno...
I support what my noble friend has said. A failed connection between the Blaenau Ffestiniog to Llandudno Junction line and the Holyhead to Euston line is the type of thing that happens. It happened last week, when the train from London to Crewe was too late for the connection to Llandudno...
I support from these Benches the amendments proposed by the noble Lord, Lord Roberts of Conwy, endorse his comments that it is essential that people who are frail, disabled and aged should at least be able to get around and that the new transport facility that we are talking about be ready...
I support from these Benches the amendments proposed by the noble Lord, Lord Roberts of Conwy, endorse his comments that it is essential that people who are frail, disabled and aged should at least be able to get around and that the new transport facility that we are talking about be ready...
Is the Minister telling us that there is a separate traffic commissioner for Wales who also happens at the same time to be traffic commissioner for the West Midlands? There would therefore be no difficulty whatever in having two people doing the job. I would hate to suggest that they move...
Is the Minister telling us that there is a separate traffic commissioner for Wales who also happens at the same time to be traffic commissioner for the West Midlands? There would therefore be no difficulty whatever in having two people doing the job. I would hate to suggest that they move...
All right. I take the point.
All right. I take the point.
At Second Reading, the Liberal Democrats drew attention to the absence of railways in the Bill. I have since perused the Railways Act 2005 and see that there are many welcome powers and changes. However, I should be glad to see just a mention of railways and railway infrastructure in the Bill. Before...
At Second Reading, the Liberal Democrats drew attention to the absence of railways in the Bill. I have since perused the Railways Act 2005 and see that there are many welcome powers and changes. However, I should be glad to see just a mention of railways and railway infrastructure in the Bill. Before...
Once again, I support my noble friend Lord Bradshaw in the proposal for Wales to have its own traffic commissioner. We are moving towards more devolved power for the Welsh Assembly, including transport. It would be incongruous that a matter devolved to the Welsh Assembly would still be under the control,...
Once again, I support my noble friend Lord Bradshaw in the proposal for Wales to have its own traffic commissioner. We are moving towards more devolved power for the Welsh Assembly, including transport. It would be incongruous that a matter devolved to the Welsh Assembly would still be under the control,...
My Lords, I feel privileged to take part in this debate with so many of my fellow Welshmen. I am not procedurally allowed to call them my friends, but we all have one interest at heart; that is, transport to fit the need of the people of Wales. I welcome...
My Lords, I feel privileged to take part in this debate with so many of my fellow Welshmen. I am not procedurally allowed to call them my friends, but we all have one interest at heart; that is, transport to fit the need of the people of Wales. I welcome...
My Lords, I am sorry. There are two or three noble Lords who are not of Wales. I withdraw that remark. But all noble Lords who are from Wales are eligible. Bus routes, which would otherwise have disappeared because there were not enough passengers or income, were safeguarded. I am...
My Lords, I am sorry. There are two or three noble Lords who are not of Wales. I withdraw that remark. But all noble Lords who are from Wales are eligible. Bus routes, which would otherwise have disappeared because there were not enough passengers or income, were safeguarded. I am...