7. Welsh Conservatives Debate: The Welsh Economy

Part of the debate – in the Senedd at 5:23 pm on 4 May 2022.

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Photo of Mark Isherwood Mark Isherwood Conservative 5:23, 4 May 2022

Wales has the highest business rate in Great Britain, and only one business in the FTSE 100.

I'll conclude: the Welsh Government is ignoring warnings by the united voice of the key Welsh tourism industry that its proposals for them have not being based on a full economic impact study and will shut down many locally run businesses. Their only effective economic policy is being economical with the truth. Nothing will change unless Ministers in Cardiff Bay stop dictating policy and start working with businesses and industry leaders in genuine equal partnership to drive the sustainable change so desperately needed, rather than condemning them to a subservient relationship and seeing them too often disinvest and go elsewhere.