In association with PwC and supported by CBI Wales
Two major reports arguing for rebalancing the UK economy by encouraging growth outside London and the south east have been have been published in recent months: one by Lord Heseltine and the other by the CBI. At the same time Wales is engaged in debates on major projects that have the potential to transform the Welsh economy: the Severn Barrage, a Severnside airport, major port developments, rail electrification, and a new nuclear power station in north Wales. We are also encouraged to think big about our new city regions. Do these schemes have the potential to lift Wales off the bottom of the economic league tables? Can they be delivered, and on what timescale? Can the Welsh Government do this alone or does it need a UK government commitment to create a new direction of travel. And while infrastructure is put in place how can our SMEs benefit from interaction with the big players? All these matters are crucial to Welsh competitiveness.