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Moving the Welsh Economy Forward: “A Team Wales recovery, built by all of us” – Economy Minister

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THE WELSH GOVERNMENT will pursue a progressive economic policy that focuses on better jobs, narrowing the skills divide and tackling poverty, Economy Minister, Vaughan Gething, will say today.

At a hybrid Economic Summit, the Minister has invited businesses, trades unions and local government leaders to discuss how Wales can create a stronger, fairer, greener economic future.

In setting out his vision to move the Welsh economy forward, the Minister will commit to extending a Team Wales model to offer ‘as much certainty as possible’ for businesses facing a volatile recovery.  

He will promise a new era of partnership to strengthen regional economic development, a delivery plan to back the everyday economy and wide ranging support for workers in a fast changing economy.

The Welsh Government will work with unions and business to develop it’s ‘something for something’ approach so that Welsh public money is wedded to action on fair work, decarbonisation and skills.

The Minister will also start a conversation about the long term demographic challenge facing the Welsh economy. The proportion of the population aged 16 to 64 years old in Wales has been decreasing year-on-year since mid-2008 – and could be just 58% of the population by 2043.

In response, Welsh Ministers’ approach will be geared towards creating an economy where more young people feel confident about planning their future in Wales thus supporting job creation and more dynamic local economies.

The Welsh Government will set out a vision of what makes Wales an attractive place to live, study, work and invest – including the quality of life in an inclusive, open and green nation.

The Welsh Government will also call on the Chancellor to demonstrate the UK Government’s ambition for Wales by honouring promises made on EU successor funds, backing major renewables such as tidal energy and investing in Welsh research and development.

Later, the Minister will visit a family-run business that’s received Welsh Government support to grow, before delivering a speech to a predominantly virtual audience of business, trades unions and local government leaders and other partners at Transport for Wales’ new HQ in Pontypridd.

Speaking ahead of the summit, Economy Minister, Vaughan Gething said: “The Welsh Government is taking bold action to build a stronger, fairer, greener Welsh economy. It has taken a Team Wales effort to keep Wales safe and we will deliver a Team Wales Recovery, built by all of us. 

“A strong Welsh recovery will be based on the principles of fair work and sustainability as we invest in the industries and services of the future.

“As we face the headwinds of Brexit, I am determined that our credible plans will offer as much certainty as possible to help businesses plan ahead. 

“A new era of partnership for stronger regions, a young person’s guarantee, a plan to back our everyday economy and collaboration with world leading, advanced manufacturing. This is the cause for optimism for the future we are building in Wales.

“My ambition is to make Wales a place where more young people feel confident in planning their future here. You don’t have to get out to get on, make your future here in Wales.”

The Welsh Government’s approach includes:

  • Investing in our people – through the Young Person’s Guarantee and a strong employability and skills offer, including Apprenticeships;
  • Supporting those furthest away from the Labour market to find work. The upcoming Employability Strategy will highlight the support available for individuals, particularly those most impacted by the pandemic and furthest away from the labour market;
  • Accelerating the adaptation to new skills which are required for skilled, secure jobs, not least in the area of low carbon. The current recruitment challenge has also shown there is a need for some quick action on skills in certain sectors;
  • Exploring how we retain our graduates and talent in Wales by building strong linkages with universities, and between universities and businesses;
  • Support start-ups, including graduate start-ups, with possible incentives in some areas;
  • Ensure we have firms grounded in Wales who can provide future opportunities;
  • Wales can also benefit from the opportunities for far greater remote working and flexible commuting options.

Community

Council warns of icy conditions as temperatures drop

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ROAD users in Pembrokeshire are being urged to exercise caution tonight as temperatures are forecast to dip below freezing.

Pembrokeshire County Council has announced that road surface temperatures could reach as low as -2°C, with the possibility of sleet or snow on higher ground. In response, precautionary salting of the county’s primary routes will be carried out this evening and overnight.

A spokesperson for the council said: “Road users are advised to take care if travelling on untreated roads.”

Motorists are reminded to plan ahead and drive carefully, particularly in areas that may not have been treated.

Stay tuned to The Herald for updates on road conditions and weather warnings.

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Community

Stallholders wanted for Milford Haven Christmas Market

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MILFORD HAVEN BUSINESS CIRCLE is calling for stallholders to join the town’s festive Christmas Market, set to bring holiday cheer on Friday, December 6, and Saturday, December 7, 2024.

The market will take place at the Lower Charles Street Car Park, promising a vibrant mix of stalls and attractions. Organizers are seeking a variety of vendors, including those offering gifts, children’s toys and games, food, cakes, flowers, and more.

There’s also an open invitation for someone with small children’s rides to add to the festive fun. A highlight of the event will be the Grinch’s Grotto, offering an entertaining twist to this year’s celebrations.

If you’re interested in having a stall, contact the Milford Haven Business Circle via email at [email protected] for more information.

Mark your calendars and join the excitement as Milford Haven celebrates the season in style!

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Community

Milford Haven Business Circle launches litter-free zone initiative

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MILFORD HAVEN BUSINESS CIRCLE is calling on the community to join the launch of its new Litter-Free Zone.

In partnership with Keep Wales Tidy Pembrokeshire, the initiative aims to create a cleaner, greener town centre while promoting environmental responsibility and community pride.

The event marks a collective effort to raise awareness about the importance of maintaining a litter-free environment and highlights the far-reaching benefits of a cleaner town centre.

The organisation says that a cleaner, more attractive town centre is key to drawing visitors and potential investors.

This initiative is expected to stimulate economic activity, benefiting local businesses and encouraging growth in Milford Haven.

The project not only enhances the town’s appearance but also instils a sense of pride among residents. By improving cleanliness, the initiative aims to encourage more community participation in local events and activities.

Reducing litter has significant environmental benefits, including:

  • Protecting Wildlife: Preventing harm to animals caused by ingestion or entanglement.
  • Cleaner Air and Water: Reducing pollution in streets and waterways, fostering healthier ecosystems.
  • Sustainable Practices: Encouraging recycling and proper waste disposal to cut down on the town’s environmental footprint.
  • Creating Green Spaces: Supporting the development of habitats, recreational areas, and improved air quality for residents.

The Milford Haven Business Circle believes this initiative will set a strong example for other communities, demonstrating the power of collective action in fostering a sustainable future.

By joining this movement, participants can contribute to making Milford Haven a shining example of environmental care and community cooperation. Let’s work together to transform our town into a cleaner, greener space for all to enjoy.

Stay tuned for event details and updates. Together, we can make a difference!

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