Eleanor Burnham calls for new Welsh Government approach to business (Eleanor Burnham )

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Eleanor Burnham <info@eburnham.org.uk>

Eleanor Burnham calls for new Welsh Government approach to business

January 20, 2010 8:03 AM

Commenting on increasing job losses in North Wales, Eleanor Burnham AM for North Wales said:

"it is time for the Welsh Government to focus on the importance of establishing a diverse economy, focusing on home-made products, intellectual property creation and services.

"The Welsh Liberal Democrats want to improve Wales' offer to business. We have proposed a £3.5bn 2010 economic stimulus package, aimed at radically improving energy and transport infrastructure.

"Welsh Liberal Democrats have also called on the Welsh Government to reverse its 5% cuts to further and higher education. Now is the time to invest in our skills base and enhance the links between our centres of learning and Wales' entrepreneurial talent."

"We keep on pinning our hopes on single investors - it really is the wrong approach in a global economy where the UK is often too expensive. We have to offer the world something different based on what makes us special - and that means investing in smaller, cutting-edge enterprises.

Sustainable economic development tends to grow from small seeds. It may not make the headlines in the same way as a big inward investment, but we ought to be helping our own small and medium-sized enterprises to grow by cutting red tape and helping them tap into the knowledge held in our universities."