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Business

Economy secretary names boosting productivity and attracting investment as priorities

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WALES’ new economy secretary set out his priorities against the backdrop of a significant rise in economic inactivity and a fall in employment compared to the rest of the UK.

Jeremy Miles outlined his aim to make Wales the best place to start, invest in and grow a business by productivity, attracting investment and redesigning skills support.

In a statement to the Senedd about his economic vision on April 23, Mr Miles said increasing productivity and economic dynamism will be his number one priority.

He told the chamber his second priority is to attract and encourage business investment, both in established businesses based in Wales and from new investors.

The economy secretary said his third priority is to redesign employability and skills support, ensuring that economic priorities, apprenticeships and vocational education are all aligned.

However, opposition MSs warned that Wales’ economy is underperforming and urged the Welsh Government to set firm targets to measure success.

Mr Miles, who is also responsible for energy, cautioned that ongoing financial constraints as well as political and economic uncertainty at a UK level make the aims more challenging.

He said: “The legacy of EU withdrawal, the pandemic and ongoing budgetary constraints have weakened the economy.

“The slowdown in UK productivity has impacted output, wages and household incomes, and these inequalities were already more acute in Wales before this time.”

The former education minister, who retains responsibility for the Welsh language, criticised the “cack-handed’ approach of the prime minister to so-called sick note culture.

Mr Miles described the UK Government crackdown on the number of people signed off from work as a brutal way of approaching a very complex challenge.

Samuel Kurtz, the Conservatives’ new shadow economy secretary, raised concerns about worrying trends in economic inactivity and employment

He told the chamber that statistics show Wales’ unemployment rate was 60% higher than the UK average in the three months to February.

The Tory raised alarm about a “staggering” rate of economic inactivity at 26.2%, which he said is almost 27% higher than the UK average and rising three times as fast.

Mr Kurtz, who represents Carmarthen West and South Pembrokeshire, called on the economy secretary to introduce job-creation targets.

He said it should be a sense of shame for the Welsh Government that Welsh workers have long taken home less money than their counterparts anywhere else in the UK.

Luke Fletcher, for Plaid Cymru, said sectors across the economy have been calling out for a comprehensive and meaningful industrial strategy.

The South Wales West MS described the economy secretary’s statement as “essentially a list of economic goods the government would like to see in Wales”.

Mr Fletcher warned: “But there’s no substantive plan on how those goods will be delivered, no road map, no waymarkers and no precise sense of the final destination.”

The shadow economy secretary raised concerns about skills shortages in the green sector, calling for closer collaboration with further education providers.

He said: “It’s currently a case of them putting their finger in the air, seeing which way the wind blows, and hoping for the best. That doesn’t fill me with much hope.”

Mr Miles told MSs that potential job losses at Tata remain the most high-profile concern, vowing that the Welsh Government will do all it can to protect jobs and the steel industry.

The economy secretary said a general election offers the real possibility of a better and fairer economic policy from a new UK Government.

Mr Kurtz called for the Welsh Government to confirm if it has made any financial support available to the £100m Port Talbot transition board set up by UK ministers.

Meanwhile, Mr Fletcher urged the economy secretary to look at using the planning system to protect the future of the blast furnaces.

Mr Miles stressed that the Welsh Government has supported Tata through capital investment and skills support for many years.

He said: “We’ve been pressing for 14 years for a UK Government to take seriously the future of steel and to plan for a transition to greener production.”

Business

Historic Pembrokeshire pub’s major facelift gets the go-ahead

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A RETROSPECTIVE scheme for works at a historic Pembrokeshire pub has been approved by county planners.

In an application to Pembrokeshire County Council, Chris Grey sought permission for retrospective works for additional shower/toilet facilities for the Speculation Inn public house and authorised Caravan & Camping Club, near Hundleton, and a replacement store.

A supporting statement through agent Hayston Developments & Planning Ltd said: “The premises has changed hands in recent years and the pub has been sensitively refurbished and the rear paddock operates under a Camping and Caravanning Club exemption and has proven very popular.

“The applicants seek two expansions, which are mainly in retrospect and relate to the following: Bespoke separate toilet / showers for the authorised campsite / tourer site. A small facility is available in the pub, however, this is not ideal for campers who need showers.

“Replacement of a corrugated building attached to the pub, which had collapsed, with a replacement store for the Speculation Inn and its various function.

“The toilets are positioned to the rear of the Speculation Inn and its beer garden and use an existing treatment plant and soakaways for roof water.”

It added: “It is the applicant’s intention to retain the current toilet/shower facilities offered to visitors who wish to park their caravans at the Speculation Inn Meadow certified site, or who have come with the intention of camping, and by expanding their offering with a further toilet / shower block, all being more appropriate for modern camping and caravanning client expectations and being Covid friendly.

“A new British Standard compliant package treatment plant with associated drainage fields is now installed ensuring that the clarified water will not cause diffuse water pollution (DWP) in the downstream water network.”

It concluded: “It already brings a benefit in regard to providing quality tourism operations with required enhanced facilities.”

No objections were received to the proposals, an officer report recommending approval said.

The application was conditionally approved by county planners.

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Business

Better indoor mobile signal could boost Welsh economy

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Wales could benefit from £3bn growth annually if indoor mobile dead zones were eliminated, survey finds.

RESEARCH from Freshwave, a connectivity infrastructure provider, highlights how improving indoor mobile coverage could significantly enhance productivity across Wales. According to the 2025 Freshwave Mobile Connectivity ROI Index, poor indoor mobile signal currently costs Welsh organisations an estimated £4bn every year, with businesses, hospitals, and public buildings suffering from inefficiencies caused by mobile blackspots.

The index reveals that 82% of Welsh organisations experience daily connectivity issues, which have a direct impact on both employee productivity and customer satisfaction. Survey respondents believe that resolving these connectivity problems could lead to a substantial 2.1% increase in Wales’ GDP—surpassing the UK-wide average of 1.6%.

In light of these findings, the Welsh Government’s Digital Strategy for Wales aims to use technology to improve lives and enhance productivity across the nation. This is particularly timely, as Chancellor Rachel Reeves has made economic productivity a key priority amid discussions of avoiding further tax increases.

Impact on Welsh businesses and public sector

Organisations with more than 100 employees are reporting that indoor mobile connectivity problems cost them an average of £143m annually, which translates to a collective £4bn loss across the Welsh economy. Respondents believe that improving mobile coverage—whether through 4G or 5G—would address these productivity barriers and contribute to significant efficiency gains. Many also anticipate higher budgets for mobile connectivity improvements, with 68% planning to increase their investments over the next two years.

CEO comments on the need for action

Simon Frumkin, CEO of Freshwave, explained: “The Welsh economy simply cannot afford to lose billions every year. Investments in digital infrastructure over the past decade have set the stage for progress. Now, we need to ensure that seamless mobile connectivity is available where it’s needed most. This could result in a £3bn boost to Welsh organisations.”

Frumkin added, “By working alongside mobile network operators, we can unlock the full economic potential of 4G and 5G connectivity, driving innovation and efficiency across all sectors.”

National context: Public sector hit hardest

Across the UK, the public sector is the most affected by indoor mobile connectivity issues, with losses of £46bn annually and missed opportunities worth £33bn. The professional and financial services sector also faces significant losses, amounting to £24bn annually, with potential gains of £17bn.

Notes to Editors
Research methodology: A survey of 900 senior IT decision-makers from medium and large organisations across the UK was conducted in December 2024. Participants represented sectors including government, healthcare, professional services, and more, with all respondents from organisations with over 100 employees and revenues exceeding £50 million.

About Freshwave: Freshwave is a connectivity infrastructure provider that simplifies digital infrastructure. Backed by DigitalBridge, Freshwave collaborates with mobile operators, governments, and real estate providers to ensure reliable connectivity across the UK. Visit www.freshwavegroup.com for more information.

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Business

Cambrian Training Company collaborates to promote apprenticeships in schools

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ONE of Wales’ leading work-based learning providers is calling for better collaboration between schools, employers and training providers to inform young people and their parents about apprenticeships.

Faith O’Brien, managing director of Welshpool-based Cambrian Training Company, said: “A significant gap remains in the quality of joint marketing activities between schools, employers and training providers to effectively promote apprenticeships”.

“This gap is often attributed to a lack of awareness among careers officers in schools and a reluctance to present apprenticeships as a viable option for all pupils, regardless of academic attainment.”

She believes best practice for promoting apprenticeships involves directly engaging with employers to foster strategic and operational relationships while investing in the sector.

“Many employers in Wales have successfully embedded apprenticeships into their career pathways, making them a crucial component of their recruitment and retention strategies,” she added.

“As the leading provider of work-based apprenticeships in Hospitality and Food & Drink Manufacturing, Cambrian Training has built strong employer relationships, enabling a deep understanding of business needs and ensuring apprenticeship programmes align with their delivery models”.

“It’s vital that young people, their parents and teachers have access to all the available information of the different education options. We also need parity of esteem between the academic and vocational routes, so that our young people can take informed decisions that lead to successful life-long careers.”

Faith’s comments come as Wales tries to reduce the number of young people aged between 16 to 24 not in education, training or employment (NEET). The year ending September 2024 showed that the NEET rate was 10.7% and individuals aged 24 accounted for the highest rate at 18.8%.

Recent UK research commissioned by Grant Thornton UK LLP reported growing recognition of the benefits apprenticeship can offer school leavers. However, almost one in five (19%) of young people surveyed don’t believe they have received good careers advice about school leaver apprenticeships.

Most young people felt pressure from parents and teachers to go to university and only just over one in five (22%) are considering or currently doing a school leaver apprenticeship.

The Senedd’s Children, Young People and Education Committee has launched The Routes into post-16 education and training inquiry, examining the quality of information given to learners about the full range of post-16 options in Wales.

The inquiry will also examine how effective careers support is at compulsory school age, changes in post-18routes, Welsh-medium provision, equity of access, Post-16 destination data and the Welsh Government’s role.

Cambrian Training Company is supporting careers initiatives aimed at schoolchildren and their parents to raise awareness, knowledge and interest in apprenticeships.

The company attends apprenticeship and careers fairs across Wales and sponsors the Culinary Association of Wales and the Welsh International Culinary Championships (WICC).

The WICC features competitions and skills classes to give young people a chance to try their hand and learn more about the industry and job opportunities.

Cambrian Training Company also collaborates with Menter a Busnes and Tasty Careers in Food & Drink schools programmes to promote careers in Welsh food and drink and hospitality

Photo captions: 

Cambrian Training Company promoting apprenticeships at the Apprenticeship Fair held in the Senedd during National Apprenticeship Week.

Faith O’Brien, Cambrian Training Company’s managing director.

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