, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
What the finance Minister’s announcement has done is it’s meant that eligible ratepayers will receive 75 per cent relief in the next financial year. There is a cap, as we’ve done previously, to make sure that you don’t have a large business soaking up lots of…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
I think the first point is the depressing but necessary honesty that we have less money to spend in this area. There is less public money available to spend in this area. I made that point in the Chamber yesterday about the Sêr Cymru programme. We simply…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
What I certainly do think is that, once we have got a strategy, it will make it much easier to then say, 'So, how do we make budget choices explicitly, once that strategy is agreed?' It's very hard to anticipate everything when the strategy isn't quite…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
Okay. So, this really is not just about the budget, it's actually about the work we're doing on the innovation strategy, which is trying to do just that, in terms of your question: how do we draw together the different parts of the Government, different…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
Well, look, we're talking at some different audiences, aren't we? For some people, they are aware of the opportunities and, in fact, most young people go through a traditional route successfully in the sense that there are opportunities at school, or at…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
I think there are a number of different points there, because EMA is part of what we've done to try to make sure that post-16 education is a real option, as opposed to an illusion, for a number of people in different communities. It's not that the talent…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
There are perhaps five things to say. I'll try and run through those briefly, so I'm not accused of talking out the time. The first thing is that in response to challenges that we know exist within apprenticeship and other delivery providers, I have agreed a…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
I think it's worth reflecting on the fact that, when we designed the young person's guarantee at the outset, it was because we expected that, post COVID, we would see a different economic picture than the one we had. We thought that there would be higher…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
I can see Dean wants to come in. He probably wants to make sure that I'm not giving too much away about budget management.
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
Well, I think there are two slightly different things there. One is the job that Dean and, indeed, our wider team of directors do with me in making sure that we are balancing our budget and living within our means. So, there's a point about making sure that…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
I think I said in answer to your previous question that I certainly anticipate that the recession will be uneven; it won't have an even impact on every single sector of the economy and every single business. Some of that is a consequence of where individual…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
Okay, so, the context changes what we would otherwise be able to achieve in any event, and that's self-evident and apparent, isn't it? Having a recession means we won't see growth and recovery in some areas of the economy. Because we know it will be uneven…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
Well, I think the budget's really challenging. It's an incredible challenge. But the whole of this has to be seen in context, the context of the fact that we're expecting—we are already in recession, and the recession is forecast to last about a year. The…
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
And Jo Salway.
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
Sioned really is the director of business and regions. [Laughter.] You didn't get all of that because of the mike being unmuted. And Dean Medcraft.
, Economy, Trade, and Rural Affairs Committee
Welsh Government Draft Budget - Minister for Economy
Thank you, Cadeirydd. My name is Vaughan Gething. I'm the Minister for Economy in the Welsh Government. And, if we go through our officials, I'll start with Sioned.
, Plenary
Statement by the Minister for Economy: Developing Technological Clusters in Wales—Medical radioisotope production and nuclear medicine expertise
Thank you for the points and questions. On your point about magnet developments, this is a good example of what you could do, because if you had the operation of a facility that would probably have likely north of 200 people employed directly in the ARTHUR…
, Plenary
Statement by the Minister for Economy: Developing Technological Clusters in Wales—Medical radioisotope production and nuclear medicine expertise
One of the challenges is the fact that there is a short shelf life for these products. It was one of the concerns about a 'no deal' Brexit. I had to go through, I think, three different iterations of 'no deal' Brexit planning, and as well as challenges for…
, Plenary
Statement by the Minister for Economy: Developing Technological Clusters in Wales—Medical radioisotope production and nuclear medicine expertise
Actually, the cyclotron at Cardiff University that provides the PET scanners in Cardiff was one with which we had a particular problem. So, our challenge is, right across the UK, we don't produce enough. We significantly import those as it stands. And for all…
, Plenary
Statement by the Minister for Economy: Developing Technological Clusters in Wales—Medical radioisotope production and nuclear medicine expertise
I think the two detailed questions are actually around some of the points that we're looking to address in both the technical specifications around what we'd want to do on the site, but then the broader call for people to be involved not just in the creation…
, Plenary
Statement by the Minister for Economy: Developing Technological Clusters in Wales—Medical radioisotope production and nuclear medicine expertise
There are a couple of specific questions. On the £18 million by the end of this Senedd term, we've yet to pass the budget we've just laid in draft form, and of course that's got to go through scrutiny and a final vote. We then have other budgets, and of…
, Plenary
Statement by the Minister for Economy: Developing Technological Clusters in Wales—Medical radioisotope production and nuclear medicine expertise
I'll just deal with what I was modestly confused by, almost as if Wylfa and Trawsfynydd were on the same site in some of the points. The Traws site is an obvious candidate for the proposal we're talking about today, but in moving forward with the business…
, Plenary
Statement by the Minister for Economy: Developing Technological Clusters in Wales—Medical radioisotope production and nuclear medicine expertise
Critically, a small nation cannot have strength in depth right across the board. We can, however, point to clusters of technology in Wales that lead their field. The south Wales compound semi-conductor cluster is one. Combining industrial excellence and…
, Plenary
Statement by the Minister for Economy: Developing Technological Clusters in Wales—Medical radioisotope production and nuclear medicine expertise
Diolch yn fawr, Llywydd. The Welsh Government has consistently highlighted the importance of harnessing science, research and innovation to address societal challenges. To meet these and capitalise on opportunities, we need a coherent, co-ordinated and…
, Plenary
Questions to the Minister for Economy
Thank you for the question. I recognise what the Member had to say about Jayne Bryant. Nexperia is, of course, in her constituency, but I recognise the Member will have a number of constituents who work there as well. I had the opportunity to meet a group of…
