, Finance Committee
Financial Transactions Capital: Evidence session 1
Because you're working on tranches and you're working on recycling.
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Financial Transactions Capital: Evidence session 1
And then, from a loan profile, what size of loan do you target? I know you've got 25 funds, so you'll have lots of different things, but your average loan size as loan-to-value ratio if it's secured, and what sort of margin are you looking at?
, Finance Committee
Financial Transactions Capital: Evidence session 1
And then, obviously, we've been doing a little bit of research on how FTC works, and there are certain guidelines as to what can be used and what they can be used for and not. How does that form part of your marketing? Or how do you with your business…
, Finance Committee
Financial Transactions Capital: Evidence session 1
So, there's a mix there.
, Finance Committee
Financial Transactions Capital: Evidence session 1
So, just for me to understand, does all your funding come from Welsh Government through this means, or do you have other funds that you manage? Where does the rest of your portfolio come from?
, Finance Committee
Financial Transactions Capital: Evidence session 1
Okay, well thank you for that brief outline, and I'm sure we'll tease out some of this as we're going through. So, when you're talking to your clients out in the Welsh economy, how easily is FTC understood, and how are you promoting it? Do you talk about it…
, Finance Committee
Financial Transactions Capital: Evidence session 1
Wonderful. Thank you very much. Diolch yn fawr iawn for coming in. We've decided to do this financial transactions capital one-day inquiry just to try and understand a bit more about the positives and the negatives and how it's used, and how Government…
, Finance Committee
Financial Transactions Capital: Evidence session 1
Thank you very much.
, Finance Committee
Financial Transactions Capital: Evidence session 1
So, we'll move on to our fourth item this morning. It's our first evidence session on financial transactions capital—that interesting beast that is within Welsh Government funding. So, we're very grateful to the Development Bank of Wales for coming in. As our…
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Papers to note
I would just like to start with the papers to note. Could we note the papers to note? Is everyone agreed on that? Great, thank you very much.
, Finance Committee
Introductions, apologies, substitutions and declarations of interest
Welcome back to this meeting of the Finance Committee this morning. This meeting is being broadcast live on Senedd.tv, and a Record of Proceedings will be published as usual. The meeting, of course, is bilingual. I just want to check whether anyone has any…
, Plenary
Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
I really appreciate the other contributions made by Heledd, Mark, who I mentioned earlier, Sioned, Jenny and Luke. You talked about those issues, and the Finance Committee will keep those in mind as we go through our scrutiny. I hope other Chairs of…
, Plenary
Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
You talked, Delyth, about the priorities of your committee, and you echoed some of the points raised by Jack and other Members about cuts in the arts and culture sector. Delyth made some powerful points about the impact that a shortage of funding in sporting…
, Plenary
Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
Diolch yn fawr, Dirprwy Lywydd. This has been an excellent debate. I welcome the high number of speakers, which reflects the strength of feeling in this Chamber. I'd first like to thank my fellow committee members, Rhianon, Peter and Mike, who contributed in…
, Plenary
Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
Dirprwy Lywydd, the participants at all of our events over the last few months have given the committee and the Cabinet Secretary plenty of food for thought. Many of the solutions suggested by stakeholders seem to be win-wins to us in the committee, and we…
, Plenary
Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
Our fourth priority area relates to spending more efficiently and effectively to build the local economy by creating sustainable jobs, providing better transport links, and building affordable housing. Participants spoke about aligning policy levers so that…
, Plenary
Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
The importance of building low-carbon and good-quality housing that can be easily adapted for people with disabilities and health conditions was raised. But it came across loud and clear that homes in the right places, close to schools, transport, shops and…
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Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
'Good quality housing should be a basic human right.'
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Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
Thirdly, housing and building communities where young people feel supported to live and work was identified as a key priority. This came through strongly in our citizen focus groups. As one participant put it,
, Plenary
Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
Dirprwy Lywydd, our engagement work on next year’s budget was made up of three strands: a stakeholder event at Canolfan S4C yr Egin in Caerfyrddin, numerous focus groups with organisations and citizens across Wales, and youth engagement events, including a…
, Plenary
Finance Committee Debate: Welsh Government's spending priorities for the 2025-26 budget
Thank you, Dirprwy Lywydd. It's a great pleasure to rise today to open this Finance Committee debate on the Welsh Government’s spending priorities for 2025-26. These debates have become an invaluable tool for us as a committee to relay to the Welsh Government…
, Plenary
Questions to the Cabinet Secretary for Climate Change and Rural Affairs
As you know, Cabinet Secretary, there have been some tragic incidents involving dogs within my region. Banning the XL bully is one tool that's been deployed, but it's not enough in my view. There needs to be a wholescale change in the culture of dog ownership…
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Questions to the Cabinet Secretary for Climate Change and Rural Affairs
Thank you for that response and that update.
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Questions to the Cabinet Secretary for Climate Change and Rural Affairs
8. Will the Cabinet Secretary provide an update on the Government's plans to promote responsible dog ownership? OQ61462
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Questions to the Cabinet Secretary for Finance, Constitution and Cabinet Office
It would be interesting—what was their reaction? Were they positive? Were they negative? Were they saying, 'Well, no, go away'? That would be interesting to know. But ahead of the priorities debate later, where you'll be presented with a wish list of spending…
