24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
This is very important, obviously, and equity investment is a very skilled role, and I think the bank itself would say it had to manage some short-term challenges, thankfully, in relation to this, which may have had an impact on pace at various points. Those…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
I do think, yes. I mentioned at the start that I'm keen to press to make sure the risk is taken and that we are supporting more start-ups. There is absolutely no room for complacency here; I think we need to always be pushing to make sure we're doing…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Well, it's obviously important to align the interventions that we as a Government either do ourselves or support with the broader economic strategy of the Government. I think that probably goes without saying. I gave a statement yesterday, which I know you…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Well, the point I'm making to you is that it isn't for me to be in the detail of the due diligence process; that's a matter for the bank itself. We have a framework document, which provides, very importantly, that Ministers aren't involved in the operations…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Well, those are operational questions, so I think it's important that the bank operates as a bank, at arm's length from the Government, and it will have processes in place to undertake diligence in relation to the loans that it provides, and I think that's in…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Bore da.
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Well, I do think it is important. I agree that it is an important function for the bank to support entrepreneurs, to support start-ups. That's pretty core to what the bank does, and I want to see that happening at scale. I don't think I agree that the entire…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
I'm not sure I recognise that point about not being active in the economy. I'm sure there'll be lots of small house builders who'd probably take issue with that characterisation. I think it's an important part of the work of the bank to support development in…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Well, I think the context for this question, I guess, is that there is, to some extent, a tension, isn't there? On the one hand, as I was saying earlier to Luke Fletcher, is the need for the bank, in order to fulfil its remit, to take more risk on the one…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Well, I think, just on the question of the service rather than the structure, for a moment, I do think there is good evidence that, whether you start from the point of view of getting business support and business advice and then graduate or move towards…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
It's a really interesting question. I do think that, from a business point of view, I imagine having the most streamlined offer is probably the most convenient offer, and I do think it is fair to say that there is a level of fragmentation. Business support…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
There's a range of things that we're going to discuss, I think, in today's committee, which I think you touched on with the bank themselves. I want to make sure the bank continues to do the work that it is doing—providing finance to start-ups, providing…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Okay, well, I think the big point is that that’s, I think, a positive thing for people to be asking for, because it suggests that the development bank is really valued as a fundamental part of the business finance ecosystem in Wales. So, I think the fact the…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
I'm not sure I can give you that level of confidence, Chair, I'm afraid. It has been a challenging discussion. I believe there is a solution that has been found either to an identical problem or a similar problem with the British Business Bank, but I'm not…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
This is, on one level, a complex question and a technical question, but it does have real consequences. It is to do, as I'm sure the committee is aware, with how the operations of the bank are classified for the purpose of the national accounts, how they’re…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Yes, it is.
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
It's an arm's-length relationship, and so the framework document that governs the relationship with the bank provides for the foundation of the relationship. In general terms, that provides that Ministers are not involved in the day-to-day running of the…
24 Ebrill 2024 , Economy, Trade, and Rural Affairs Committee
Ymchwiliad: Banc Datblygu Cymru: Panel 5 - Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg
Diolch yn fawr, Gadeirydd. Diolch am y croeso i fod yma heddiw. Jeremy Miles, Ysgrifennydd y Cabinet dros yr Economi, Ynni a’r Gymraeg.
23 Ebrill 2024 , Cyfarfod Llawn
Datganiad gan Ysgrifennydd y Cabinet dros yr Economi, Ynni a'r Gymraeg: Ein dyfodol economaidd
Diolch i Vikki Howells am y cwestiynau pwysig yna. Nid wyf wedi darllen y ddau adroddiad y cyfeiriodd atynt eto, ond gwn am y gwaith y mae'n ei wneud mewn cysylltiad â hen gymunedau'r maes glo, felly fe wnaf sicrhau fy mod yn darllen y rheini. Rwy'n credu bod…
23 Ebrill 2024 , Cyfarfod Llawn
Datganiad gan Ysgrifennydd y Cabinet dros yr Economi, Ynni a'r Gymraeg: Ein dyfodol economaidd
Diolch i Jenny Rathbone am hynna. Rwy'n credu, yn flaenorol, fy mod wedi dweud mai addysg yw'r polisi economaidd gorau. Rwy'n credu ei fod wrth wraidd rhoi'r cyfleoedd hynny i bobl drwy gydol eu bywydau. Mae yna brentisiaethau gradd eraill, gyda llaw, ond…
23 Ebrill 2024 , Cyfarfod Llawn
Datganiad gan Ysgrifennydd y Cabinet dros yr Economi, Ynni a'r Gymraeg: Ein dyfodol economaidd
Diolch yn fawr Mike Hedges. A gaf i fynd at y pwynt ar ddechrau ei gwestiwn mewn cysylltiad â'r sectorau allweddol hynny y soniodd amdanynt? A dweud y gwir, nodwedd rhai o'r llwyddiannau a gawsom yn y sectorau hynny yw'r berthynas rhwng sylfaenwyr rhai o'r…
23 Ebrill 2024 , Cyfarfod Llawn
Datganiad gan Ysgrifennydd y Cabinet dros yr Economi, Ynni a'r Gymraeg: Ein dyfodol economaidd
Bydd elfen o gysondeb, o ran fy mlaenoriaethau gyda pholisi'r Gymraeg, gyda'r hyn sydd wedi bod yn y gorffennol, ond byddaf i'n hapus iawn i dderbyn gwahoddiad neu argymhelliad yr Aelod i wneud datganiad pellach os gwnaiff y Llywydd ganiatáu hynny. O ran…
23 Ebrill 2024 , Cyfarfod Llawn
Datganiad gan Ysgrifennydd y Cabinet dros yr Economi, Ynni a'r Gymraeg: Ein dyfodol economaidd
Rwy'n cytuno â'r hyn a ddywedodd yr Aelod. Does gen i ddim llawer o ddiddordeb mewn mewnbynnau; mae gen i lawer mwy o ddiddordeb mewn canlyniadau o'r polisïau rydyn ni'n eu cyflwyno. Byddai'n well gen i gael fy mesur ar y rheini yn hytrach na'r mewnbynnau…
23 Ebrill 2024 , Cyfarfod Llawn
Datganiad gan Ysgrifennydd y Cabinet dros yr Economi, Ynni a'r Gymraeg: Ein dyfodol economaidd
Diolch i Jack Sargeant am hynna. Mae'n iawn i ddweud bod hyn yn rhan hanfodol o'n mantais gystadleuol yn y dyfodol, ein gallu i sicrhau bod pob rhan o'n heconomi yn cael ei datgarboneiddio a bod gennym economi wirioneddol gynaliadwy i'r dyfodol. Bydd arwain y…
23 Ebrill 2024 , Cyfarfod Llawn
Datganiad gan Ysgrifennydd y Cabinet dros yr Economi, Ynni a'r Gymraeg: Ein dyfodol economaidd
Diolch i Luke Fletcher am y sylwadau yna ac am y croeso cychwynnol, o leiaf, a roddodd i'r datganiad a'r tir cyffredin a nododd. Byddwn yn anghytuno ag ef mewn cysylltiad â'i sylwadau agoriadol. Gallwch weld mewn unrhyw nifer o'r dulliau yr ydym wedi'u…