Part of 1. Questions to the First Minister – in the Senedd at 1:44 pm on 11 December 2018.
It was crucial to secure the jobs of the Tata Steel workers, and I’m extremely proud that we did that. It’s also important that you can attract investment from abroad and from the rest of the United Kingdom, and we’ve been very successful in doing that. If I understand it, the point the Member is making is what therefore are we doing for small businesses and what are we doing to promote an entrepreneurial culture in Wales. I don’t believe that you can do one without doing the other. We have the development bank that’s been established and we see more businesses being created in Wales. Of course, the greatest challenge is to ensure that those businesses that are growing don’t sell out to major companies, but that they want to grow and are able to grow into major companies. One of the weaknesses that we have in the Welsh economy is that very few major companies or organisations that exist in Wales where they have their headquarters in Wales. That is something I would like to see changing in the future.