Glamorgan Gazette

Leaving EU will make us poorer

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THE report that the government is offering northern coal mining constituen­cies extra funding for support of May’s Brexit deal is surely a new low.

Even lower than the s supply and confidence b bribe with the DUP.

This is pork barrel politics and does not bode well for the future. The “Shared Prosperity Fund”, designed to reduce inequality in the UK after Brexit, has been described as a branch of the English Local Government Associatio­n. EU regional developmen­t funding was at least based on objective measurable criteria out of which Wales, unfortunat­ely because of its relative p poverty, did rather well.

The tragedy of Wales v voting leave is that e economical­ly the EU was n never the problem.This lay with the quality of domestic economic policy formulatio­n at the regional level, and macroecono­mic policy at the national level.

In future the real danger is that Wales, always outshouted by Scotland and ignored in Westminste­r, will get very little out of the fund. Those advocating Britain becoming a great independen­t trading nation are really talking total economic nonsense. Rather ironic that as I write this the EU/Japan trade deal comes into force. How long will it take the UK to replicate this? Can it be replicated? Don’t hold your breath. Leaving the EU will make Wales poorer. It won’t be marginal. Dr Robert Morgan Efail Isaf, Pontypridd

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