News

The Welsh Government will co-fund a third round of investment in greener and cleaner innovation through the Ford Low Carbon Vehicle Transformation Fund as part of its response to the climate emergency, Economy Minister, Vaughan Gething, announced today.

The Welsh Government’s Tîm Cymru approach to the 2022 FIFA World Cup in Qatar increased the visibility and profile of Wales on the international stage during and after the competition, new research published today shows.

“No one should be held back at work for being themselves” - those were the words of Economy Minister, Vaughan Gething today who was speaking at the culmination of Pride Month, outlining the actions the Welsh Government is taking to promote inclusive workplaces.

More than 3,000 jobs were created in Wales over the last year thanks to inward investments – the best results recorded in five years, new figure published today show.

A Welsh Government scheme supported over 16,000 workers to upskill and retrain during the COVID-19 pandemic, new research has shown.

The Welsh Government is on track to more than double the number of businesses in Wales that are owned by their employees as part of efforts to ensure Wales-based companies remain in Welsh hands, Economy Minister Vaughan Gething said today.

Wales’ Economy Minister, Vaughan Gething is flying the flag for the nation’s aerospace companies at the Paris Air Show today and is using the visit to encourage companies interested in investing in the UK to make Wales their location of choice.

Wales is donating a specialised airport fire truck to Kharkiv Airport in Ukraine in response to an appeal following a missile attack which left the airport’s original fire truck damaged beyond repair.

• New £20m SMART Flexible Innovation Support (SMART FIS) programme designed to invest in new cutting-edge research and innovation that will improve people’s lives.
• Supporting organisations to innovate will help create new products and services, improve skills, helping to develop RD&I capability and capacity to support sustainable growth.
• Ministers also launching £10m Circular Economy Fund for Business to support them move towards a circular, net zero carbon economy. 

• Welsh Government awards £566,000 from the Economy Futures Fund to Airflo Fishing Products Ltd.
• Brecon-based firm are the industry's leading manufacturer of PVC-free speciality fishing lines.
• The investment secures 44 jobs and creates a further 21, paving the way for a quadrupling of exports to North America.

• Economy Minister confirms £10m investment for internationally recognised Sêr Cymru programme.
• Sêr Cymru designed to build a “strong and dynamic” scientific research base in Wales.
• Phase IV of the programme will focus on inspiring the next generation of scientists & developing disruptive innovations to help solve the socioeconomic challenges faced in Wales and the wider world.
• Programme is a vital component of Welsh Government commitment to retaining and attracting talent, and further developing a highly skilled workforce.

• New Retail Action Plan, developed in social partnership, contains actions that contribute to delivering shared vision of a fairer and more resilient retail sector.
• Plan aims to improve the prospects of the retail sector and those who work within it.
• Key actions to strengthen the sector during a period of significant change.