3. 2. Business Statement and Announcement

Part of the debate – in the Senedd at 2:27 pm on 3 October 2017.

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Photo of Mohammad Asghar Mohammad Asghar Conservative 2:27, 3 October 2017

May I ask for a statement from the Cabinet Secretary for economy on support for businesses in Newport? In March this year it was revealed that Newsquest was closing its sub-editing hub in Newport with the loss of 14 jobs, in spite of receiving more than £340,000 in grant aid from the Welsh Government. Then, in July, Essentra announced plans to close its packaging factory, putting hundreds of jobs at risk. They had previously received more than £0.5 million pounds from the Welsh Government. Leader of the house, can we have a statement from the Cabinet Secretary on the terms and conditions on which Welsh Government grants are made to companies and whether he believes they need to be reviewed to ensure their objectives are achieved and the maximum benefits for the taxpayer is obtained? Thank you.