Part of 1. Questions to the First Minister – in the Senedd at 2:02 pm on 12 July 2022.
I wasn't looking for division here today; I was looking for consensus, frankly. Having a daughter in Paris currently, a graduate of the London School of Economics and Political Science, having lived in Italy myself, having spent time living in London myself—. We're not about closing the doors for our young people and telling them not to leave, but the truth of the matter is that too many do not come back to Wales. And those that do, well, listen, we want them to reach their potential for their own sake and for the sake of our economy too, whilst attracting the best to Wales, as I said.
Now, in March, the capital region in Cardiff boasted about the relatively low graduate pay levels in Cardiff compared with other parts of the UK. They said that graduates in Cardiff are paid around 20 per cent less, £6,000 less a year, than those in Glasgow. I'm not sure if they expect us to be somehow proud of that, but it was insulting to our young talent—come to Cardiff, our graduates are cheap. They're going through enough of a hard time as it is, having been through COVID and now facing the cost-of-living crisis. Welsh graduates must be valued as more than cheap labour if the Welsh brain drain is to be reversed. And there is a brain drain, and if you're relaxed about losing our talent, talent that may well and quite often does not come back, you really need to think again. Does the First Minister think that promoting a low-wage economy is the best way to boost the aspirations of young people in Wales, because we on these benches don't?