Vaughan Gething: Yes. We've done some direct work with Engage to Change; I've met them directly myself as well to understand what more we can do. Part of the point is that, when you look at economic access for disabled people in every age sphere, it's significantly less than the rest of the population, so it's again one of the strands I was trying to respond to in some of Paul Davies's questions, about...
Vaughan Gething: Our 'Economic resilience and reconstruction mission' sets out our vision to make Wales an attractive place to live, study, work and invest. An important element of this is improving gross disposable household income per head in Wales by 2035 and committing to set a stretching growth target for 2050.
Vaughan Gething: We support the right of all workers to take industrial action but recognise this can be disruptive for businesses and households across Wales. It is in everyone’s interest in disputes to negotiate fair settlements that protect the lowest paid and most vulnerable workers, while avoiding damage to the wider economy.
Vaughan Gething: I regularly meet with the Minister for Climate Change to discuss climate change and decarbonisation. We are working together closely on policies to help businesses deliver in line with our shared net-zero carbon objectives.
Vaughan Gething: I have regular meetings with my colleague the Minister for Climate Change. Our funding objectives and strategic priorities to reduce the flood risk to communities and businesses across Wales are set out in our national flood strategy and the programme for government.
Vaughan Gething: I'm happy to have a discussion with my colleague the Minister for Climate Change around insurance for businesses because I understand, too, the Flood Re, developed in association with the Association of British Insurers, covers domestic properties; it doesn't cover businesses. So, I'm more than happy to take up the Member's suggestion, around the conversations that are ongoing and where the...
Vaughan Gething: Yes, I can confirm that those conversations do take place and it's a real concern for the Welsh Government. You'll see in the draft budget that we published yesterday the reality of how we make the whole budget balance. And the relative value of the Welsh Government's budget has significantly decreased because the realities of inflation within that prioritisation is looking at both of the...
Vaughan Gething: As the Member will know, the levers to tackle cost increases on businesses, interest rates for borrowing, taxation of windfall profits and regulation of the energy market lie squarely with the UK Government. Our priority remains to support businesses to decarbonise and to save. We continue to identify opportunities to redirect resources to reduce burdens on businesses, and, of course, the...
Vaughan Gething: Thank you for the question. This is not just topical, it's important not just for now but for the future as well. And we're looking at opportunities both to decarbonise but I would say also to save costs and to help the bottom line, and I think it's important that we do both of those things. Some businesses will be persuaded by the broader imperatives of the climate, and others will want to...
Vaughan Gething: We have a range of finance support available through the development bank for small and medium-sized businesses. Part of our challenge, as has been indicated by Sioned Williams in her opening question and the follow-up, is that there are particular pressures in different parts of the economy. So, broadly, those businesses that rely on discretionary spend—and I met the visitor economy forum...
Vaughan Gething: Well, there is both the challenge that we face and indeed the action that we're taking. And the challenge that we face, the Member will know, because we've talked about it and it's a reality, is that the challenges in replacement European Union funds are a significant problem in the skills landscape. We funded a whole range of our skills interventions through former EU funds. The fact that...
Vaughan Gething: Well, when it comes to anti-growth measures, the most significant anti-growth intervention, of course, took place in the six weeks of Liz Truss's premiership. That was a significant intervention that made all of the challenges that exist within the economy much, much worse. And it was amusing to hear the anti-growth coalition being talked about and then seeing the hole that was blown by Kwasi...
Vaughan Gething: Let's just deal with some of the challenges that come here. And I do say this as gently but as honestly as I can, to the Member: when it comes to talk of anti-growth policies, when it comes to talk of whether you know what you're doing, actually, you just need to look at what happened in the disastrous six weeks and what it did to tank the economy across the UK. Your party, that many of your...
Vaughan Gething: Well, as ever, we're using the tools that we do have at our disposal, and the understanding of a scheme that people understand, because of the way that we have supported businesses in this area before, and, of course, we already have a range of reliefs built in to our system for smaller businesses in any event, and we've got a cap on the amount that businesses can benefit from as well. That...
Vaughan Gething: There are two things. On non-domestic rates reform, that is a conversation that I continue to have with the finance Minister, who, as you understand, is the ministerial lead when it comes to reform of taxation. There's a significant programme of reform that continues to move at pace on broader taxation. You know of the work we're doing on council tax reform, for example. So, we are looking at...
Vaughan Gething: Yes. Good progress continues at SA1, with good levels of developer and occupier interest. The University of Wales Trinity Saint David’s matrix innovation quarter proposals are progressing, the student accommodation development on Kings Road is nearing completion, and the Welsh Government has completed the acquisition of the Prince of Wales dock.
Vaughan Gething: Thank you for the points made. You're right that it is an area where we're seeing a successful combination in the development of a scheme that combines residential, high-skilled employment and commercial activity. What we're looking to do is we are having constructive conversations with Swansea council about the adoption and what we hope will be the eventual transfer to local authority...
Vaughan Gething: Yes, we continue to be in discussions with developers about the land—again, for a mix of residential and commercial uses. I don't want to comment about the actual discussions that are ongoing that are yet to be completed, but we are looking at options for that continued development to help to finalise it, together with the steps we've taken to acquire the Prince of Wales dock as well. So,...
Vaughan Gething: Welcome back. It is frustrating that political differences between the EU and UK have created continued uncertainty and the inability to resolve association with Horizon Europe. The UK Government has previously allocated £6.8 billion for EU programmes in this area to the Department for Business, Energy and Industrial Strategy, without a separate Welsh Government allocation. We do have a...
Vaughan Gething: So, the education Minister has already announced an increase in QR funding previously. When it comes to consequentials from this announcement, we are in active conversation with the UK Government to finalise the amount and the usage of that. There is always a challenge—and I understand why it's made—when there is an announcement made for a particular sector within England for exactly the...
