Part of the debate – in the Senedd at 2:51 pm on 22 March 2022.
Diolch, Dirprwy Llywydd. Can I thank the Minister for his statement today? As we start to adjust to life post pandemic, it's important that the right foundations are created in order to nurture and support Welsh businesses for the future, and it's not just a question of responding to the pandemic, but also tackling the long-standing issues that businesses across Wales have been facing, such as the climate emergency, inherent labour market inequalities, and competing in a more digitally connected world. Today's statement sets out some of the progress made on the Welsh Government's economic resilience and reconstruction mission, and whilst that progress is welcomed, there's always more that can be done.
Today's statement refers to some of the actions taken to support the foundational economy, such as the introduction of the backing local firms fund and the package of support for retail, leisure and hospitality ratepayers in Wales. In the wake of the pandemic, it's more important than ever that the Welsh Government invests in the foundational economy, as this investment has clear benefits in other policy areas and can help address our carbon footprint and reach the Welsh Government's net-zero target. However, it's important that good practice is shared and rolled out across Wales, so perhaps the Minister can tell us a bit more about how he's making sure that is happening, whether it's in relation to food procurement, the retail sector, or even social care.
Today's statement refers to the new transition plan, which will set out how the Welsh Government will approach the task of living with coronavirus. The Minister has said that the Government will continue to work on the basis of evidence, so perhaps I can tease out a bit more information from the Minister about the transition plan and the impact that it will have on businesses across Wales, and how their voices are being heard in the development of this plan. That's not the only plan that today's statement refers to, and I very much welcome the publication of the remote working strategy and a strategic vision for retail. However, it's vital that these strategies are forthcoming sooner rather than later. So, perhaps the Minister can tell us when these particular strategies are likely to be published.
The Welsh Government's economic resilience and reconstruction mission highlights our town centres, and rightly acknowledges that many of Wales's town centres demand urgent action. Our town centres are not just areas of business—they are the heart of our local communities, and it's crucial that action is taken to support them as they struggle against a backdrop of huge societal change. The Minister will be aware of the work done by Audit Wales last September on regenerating town centres, and more recently by the Federation of Small Businesses, which is right to call on the Welsh Government to walk the walk when it comes to acting creatively to tackle the scourge of empty units and tilting the balance in favour of our town centres. Therefore, I'd be grateful if the Minister could update us on the work being done to reverse the hollowing out of town centres and restore their vibrancy once again.
Today's statement refers to skills and employment, and I appreciate that there are a lot of reforms to the post-compulsory education and training sector with the Tertiary Education and Research (Wales) Bill. Today's statement also refers to graduate retention and how the Welsh Government is working with partners to more effectively link students with the right opportunities with Welsh businesses. The Minister will have seen that a recent pamphlet that boasts of relatively low rates of pay has recently been published by the Cardiff capital region, which describes Cardiff as having lower graduate salaries than Birmingham, London, Edinburgh and Glasgow, which will do nothing to increase graduate retention. Therefore, can he tell us what discussions are being had with the Cardiff capital region and all other stakeholders about graduate retention and how Wales is marketed?
As we rebuild post pandemic, it's also vital that the Welsh Government is attracting investment in a green recovery. We know that there are significant opportunities for the green industry and green technology. For example, hydrogen has the potential to provide delivery solutions across energy and transport sectors. It's vital that these sectors receive investment from the Welsh Government and, of course, the private sector as well. Let's not forget that Wales has established targets for 70 per cent of our electricity needs to be met by renewables by 2030. In light of the recent increase in energy prices, perhaps the Minister could tell us how the Welsh Government is prioritising work in this area and ensuring that these technologies and sectors are getting the resources that they need.
Therefore, in closing, Dirprwy Lywydd, there are several more questions that could be asked around the progress that is being made in relation to the economic resilience and reconstruction mission, but I won't try the Deputy Presiding Officer's patience. So, can I thank the Minister again for his statement outlining some of the work that is being done to create a more prosperous, greener and more equal economy? Thank you.