Vaughan Gething: We aim to attract quality inward investment to Wales, as set out in the five-year international strategy and the economic mission within our programme for government. These focus on promoting specific economic sectors where Wales is recognised internationally along with critical magnets and assets that are attractive to investors.
Vaughan Gething: Yes, we do have regular conversations with businesses and business organisations around what used to be called agile working and is sometimes called flexible working. But it's about the different working patterns that can suit workers and businesses. It's also worth reminding ourselves that, for some people, that flexibility is a bit of a mirage. There are far too many Welsh workers who work...
Vaughan Gething: Thank you for the comments. The Minister for Social Justice is leading on this as a policy area of work, and my officials will be working alongside hers in doing so. I think it's worth pointing out that we're interested in a variety of different forms of more flexible working, both the place that people work, the hours that people work and how they work those hours. Now, some businesses are...
Vaughan Gething: Our officials continue to work together on all matters, including this subject. Where employers have viable proposals for a shorter working week, we will consider what we can do to assist them through our business support and advisory services.
Vaughan Gething: When it comes to both UBI and the four-day working week—and, of course, Jack Sargeant has a question on four-day working week trials coming up later today—we are interested in what is happening. We have nothing to lose from reviewing the evidence in other parts of the world and seeing how comparable it is. We always have challenges about how we prioritise Government resources that are...
Vaughan Gething: The Member has highlighted the point that wages have been falling in real terms, and that's a point that, of course, Jayne Bryant highlighted in the first question today—that real wages have fallen. The figures out in the last few days are of real concern. It should be of real concern to all of us. I've highlighted before some of the measures that this Government has taken in areas where we...
Vaughan Gething: I think there were three particular questions there. On the first part, I simply don't agree with the Member's view around COVID passes and their impact. They're a measure that has helped us to keep sectors open where we would otherwise have had to introduce further protections that would have affected their ability to trade. We're just not going to agree on that. When it comes to the...
Vaughan Gething: When it comes to a future strategy, we are looking at what could take place in a range of different sectors. So, we're looking at a retail strategy, and we're looking at the strategy—to revisit it—for the visitor economy. That in itself will make a difference for a range of people in the hospitality sector. The two sectors are obviously linked to a significant regard. I'm also entirely...
Vaughan Gething: As a result of the protective measures, we know that a number of business sectors were not able to trade. And, of course, we required some businesses to close, as well as requiring other parts of hospitality that were open to operate in a different way. That's why we've provided the support we did. We announced that support at the time when those protective measures were being taken and...
Vaughan Gething: Yes, I'll happily do so. Across the Government, Ministers are interested in the future of procurement, and how we have a properly searching test on the price but also, more importantly I think, on the value of what we are procuring as well, and on the impact on local economies of being able to source more of our goods from local supply chains, but crucially also on the resilience of the...
Vaughan Gething: I think every business sector is looking to gain the greatest amount possible to support their business, and you understand exactly why they would do. When you think about the support that we've provided through the economic resilience fund, through the non-domestic rates-related support—and again, a scheme that is more generous than England—and also through the cultural recovery fund...
Vaughan Gething: I certainly will. Actually, it's been interesting—a recently published survey from the Cardiff Business School showed that 85 per cent of businesses who responded agreed that the support from the first two phases of the Welsh Government's economic resilience fund was as important as furlough in supporting them during the first year of the pandemic. I think that's a great credit to Welsh...
Vaughan Gething: Thank you for the question. We have made unprecedented levels of funding available to support Welsh businesses through the pandemic, including through the unique, Wales-only economic resilience fund. The latest package of emergency support—just from ER—will provide up to £120 million to those businesses impacted by the latest protective measures to protect public health.
Vaughan Gething: Thank you. I agree with you—the challenges of the rise in energy costs, with further rises to come, are a really significant factor in the impact on pretty much all other commodities and goods as well, so, food, and then the national insurance rise on top. All of those link back to a real crisis for homes as well as for businesses. And we've all seen regular coverage now in pretty much all...
Vaughan Gething: Well, yet again, another Conservative politician who wants to divest the Conservative Government of any responsibility for the UK-wide cost-of-living crisis. The near 30-year high in inflation figures are not matters that rest with the Welsh Government. You'd have to take an extraordinary view on matters to say that that's our direct responsibility. And, as you recognise in talking about...
Vaughan Gething: Yes, thank you. I certainly can give you that assurance. I worry a great deal about my own constituents, as indeed I know Members in constituencies and regions will do as well, in particular due to the stark warning from the Resolution Foundation of a cost-of-living catastrophe coming up in April that would affect over half of households in the country. And of course, pre pandemic we really...
Vaughan Gething: Thank you for the question. Our economic mission, alongside our upcoming employability strategy, sets out our policies to increase skills, productivity and earnings to help boost living standards here in Wales. Many of the key levers, of course, and responsibility around the cost-of-living crisis, rest with the UK Government, but the Welsh Government has already announced a £51 million...
Vaughan Gething: ReAct equips people with the skills sought by recruiting employers by providing short vocational training courses together with recruitment incentives; it will fund English to Speakers of Other Languages if English skills are a barrier to employment.
Vaughan Gething: The Welsh Government remains fully committed to supporting Micro, Small and Medium Enterprises in all parts of Wales. SMEs can access a wide range of support, advice and finance through our Business Wales and Development Bank Wales services.
Vaughan Gething: The Enterprise Zone Programme is being reviewed and I hope to make an announcement shortly. Trawsfynydd is recognised as a location of choice for the UK’s first Small Modular Reactor. Cwmni Egino has been incorporated to maximise opportunity for the site. Llanbedr’s Unique Selling Points remain as opportunities in future flight and propulsion technologies.
