Levelling-up and Regeneration Bill

My Lords, I will speak briefly to the amendment from the noble Lord, Lord Berkeley. I have worked in various guises on trying to preserve the sea link between Cornwall and the Isles of Scilly for some 25 years now. The Isles of Scilly Steamship Company is trying to undermine what is absolutely essential but has not been able to happen over 25 years: private funding of that ferry service. I believe that this cannot happen at the moment. Never mind the fares for the future: fiscally, it will not work as a scheme. That means that the money will be lost and, after 25 years, the “Scillonian” will not be replaced and those islanders and their economy will be cut off from the mainland. That is why this amendment is important, and I too hugely thank the Government for the generosity and understanding that they have shown to the islands and west Cornwall in terms of the levelling-up funding.