Part of 1. Questions to the Minister for Economy – in the Senedd at 1:46 pm on 8 March 2023.
Of course, this work is going to be vital, especially when you consider the challenges facing SMEs up and down the country, and, of course, how do we balance that, then, with our need for a vibrant high street at the same time? Let's take a look at the retail sector as an example, the Welsh Retail Consortium announced that, despite some signs of recovery over the past 12 months, the footfall of the retail sector in Wales remains 10 per cent lower compared to this time last year. Now, couple that with the sector, like other sectors of course, being hit by high inflation and high energy costs, and all this results in a major drag for retail.
Now, we've discussed previously in the Economy, Trade and Rural Affairs Committee, the Government's intention to bring forward a strategy for the sector. When could we expect this to be published and, more importantly, how would the strategy be implemented? How will it take digital into account and will it have the necessary resources and funding to ensure that it is successful?