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A response to Labour's Development Bank announcement

Commenting on the Labour Government's Development Bank support announcement, Welsh Conservative economy spokesman, Russell George MS said:  

“Any additional support for Welsh businesses has to be welcomed, although it's disappointing Labour ministers continue to drag their heels on extending the business rates holiday and the implementation of a fourth phase of business support. 

"We now face a huge challenge to rebuild Wales after the pandemic, and Welsh Labour's dismal track record has stifled economic growth to the extent where ministers have admitted they don't know what they've been doing on the economy.

"To rebuild the Welsh economy, we need to change course and provide Welsh businesses with a more fertile environment to start up and grow.

"Welsh Conservatives would end Labour’s aversion to building new infrastructure, ending the dither and delay on key projects such as the M4 Relief Road and upgrading the A55 – unblocking the nostrils of the Welsh dragon in North and South Wales."

ENDS

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