🚀 Big news for Wales! First Minister Eluned Morgan is taking a bold step to supercharge our economy by boosting the Development Bank of Wales, aiming to make it a powerhouse for supporting small and medium-sized businesses. 💪
Speaking at a CBI Wales event, Morgan threw out the idea of reviving the old Welsh Development Agency, focusing instead on giving the existing bank more clout. Her goal? To slash business red tape and make support more effective for local enterprises. 🎯
If Labour stays in power after the Senedd elections, expect a fairer share of research and innovation funding, supporting SMEs and encouraging new technologies. 🌟
Morgan is also committed to making Wales a leader in planning efficiency, especially for clean energy projects. Since she took office, nearly two dozen such ventures have been approved. 🌿
Under her leadership, a new national Jobs Council will be formed, bringing together business leaders, unions, and government to drive job growth across Wales. 📈
“We’re dedicated to empowering the Welsh economy,” Morgan stated. “From advanced manufacturing to AI and creative industries, our focus is on good jobs and sustainable growth.” 👩💼👨💼
Russell Greenslade of CBI Wales praised her focus on green growth and the collaboration between higher education and businesses to bridge the skills gap. 🌍
Get ready for a new era of opportunity in Wales! #WelshGrowth #EmpoweringBusiness #InnovationInWales 🎉