Economy and Taxation
The past fourteen years of Conservative UK Government have been economically very damaging for people, families and business in Wales.
Under David Cameron, the Tory government pursued a financial programme of devastating cuts to public services in the name of austerity. The UK’s international trade was undermined by the hard Brexit pursued by both Theresa May and Boris Johnson. And then the economy was crashed completely by Liz Truss. We are living with the legacies of all of these examples of the Conservatives’ poor economic judgement, which are being echoed by a Labour Party that has already tied itself to their spending plans.
So long as Wales remains a part of the UK, Plaid Cymru believes that the role of UK Government in Wales should be to provide enough financial support for our public services and to create the conditions for the kind of sustainable economic growth from which all people and communities can benefit, rather than just those at the top of the tree.
This is not what UK Governments have delivered. Our public services are underfunded and have been hollowed out, and our economy has stagnated. These economic conditions have led to wholly unacceptable rising levels of child deprivation, with a heartbreaking one in three children now growing up in poverty.