Part of 1. 1. Questions to the First Minister – in the Senedd at 1:39 pm on 24 January 2017.
I think we are in very new territory in terms of what will be needed in the future to attract investment into Wales. For example, there are issues such as tax incentives, which I think need to be further developed. Should there be the ability, for example, to look at tax incentives for research and development, and see them devolved? Air passenger duty—a great driver, not just for Cardiff airport, but for Valley and other airports in Wales as well. It was refused for no good reason other than the fact that they see that it was a mistake to devolve it to Scotland, so, therefore, it doesn’t come to us. But, I think it is important that, as we look at the next few years, there is an innovative way of looking at the way tax incentives are used across the UK, rather than taking the view that one size fits all.