Single market return a ‘simple solution’ to crisis

By Chris Betteley   |   Reporter   |
Thursday 23rd June 2022 7:30 am
@ChrisABetteley
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Plaid Cymru leader Adam Price has called returning to the Single Market a “simple solution” to the cost-of-living crisis

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RETURNING Wales and the rest of the UK to the single market would be a “simple solution” to help thousands of families already struggling with the cost-of-living crisis, Leader of Plaid Cymru Adam Price has said.

Speaking during First Minister’s Questions in the Senedd last week, Mr Price called on First Minister Mark Drakeford to commit his government to the policy of single market membership with the European Union.

That position had been previously explored and adopted in the joint Plaid Cymru and Welsh Government white paper, Securing Wales’ Future.

He also called on the First Minister to outline its position on returning to the single market make the case to both Boris Johnson and leader of the opposition Keir Starmer – pointing out that the latter’s position was “vague”.

Mr Price said the Tories were risking a “trade war” over the Northern Ireland protocol, and stated that re-joining the single market would be a “very simple practical solution” to the economic challenges facing families in Wales and throughout the UK.

GDP has fallen in the UK for the second month running with an initial drop of 0.1 per cent in March, and an unexpected slump of 0.3 per cent in April.

The Centre for European Reform last week said that Britain was £31bn worse off than it would have been without the dual impact of Brexit and Covid, but the bigger impact was the effect from Brexit.

Mr Drakeford declined to commit but agreed that he continued to believe that if “Wales and the United Kingdom were inside the single market, all those barriers to trade that we see doing such harm to the Welsh manufacturing industry and to Welsh agriculture will be removed”.

Speaking in the Senedd on 14 June, Mr Price told members: “Households and families across Wales and the UK are continuing to struggle with soaring energy and food costs.

“Barriers to trade and skills shortages are only set to make the cost-of-living crisis worse.

“If that wasn’t bad enough, the Tories in Westminster is now risking a trade war over the Northern Ireland protocol.

“This will not just plunge Northern Ireland into political uncertainty, but also add further to the economic pain families are already experiencing throughout the United Kingdom.

“The cost-of-living crisis and the challenges we’re facing in every sector of the economy and in every part of the UK bar London arguably has a very simple practical solution.

“That is returning to the principle at the heart of Securing Wales’s Future, the White Paper Plaid Cymru and the Welsh Government jointly published, which is rejoining now the single market and the customs union.”

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