7. Debate on a Member's Legislative Proposal: An employee ownership Bill

Part of the debate – in the Senedd at 5:24 pm on 20 October 2021.

Alert me about debates like this

Photo of Joel James Joel James Conservative 5:24, 20 October 2021

Thank you for that intervention. The Conservative Party isn't against co-operatives. One of the fundamental things that we are against, really, with the Marcora thing that was brought in in the 1980s, was a Government-backed investment of 3:1, which was a substantial Government investment that was actually proven to break EU state-aid rules. That is one of the major issues we have here, if you're proposing that legislation. So, can you confirm what element of financial backing will you be expecting from the Welsh Government?