Labour’s disastrous economic record
The UK Government’s clear plan and bold action to chart a course to secure the future is working, with the inflation being cut from 11.1% to 2.3%, and the UK being the fastest-growing economy in the G7. This has been pertinent in Wales, with regional growth deals right across Wales, along with Freeports, and investment zones.
Yet under the Labour Government in Wales, which is directly responsible for economic development, Wales has the lowest employment rate, lowest median wages, and the highest economic inactivity rate in the UK.
In the Senedd next Wednesday (12/06/24), the Welsh Conservatives are bringing forward a Senedd motion on the Labour Government’s disastrous economic record, and bringing forward our economic plan to create an environment for businesses to invest and create jobs.
Commenting ahead of the debate, Welsh Conservative Shadow Minister for Economy, Samuel Kurtz MS, said:
“A strong economy delivers strong public services, yet under the Labour Government in Wales, we have the highest economic inactivity, the smallest pay packets and the lowest business survival rate in the UK, so it’s little wonder that Wales has failing public services.
“Labour has no plan to grow Wales’ economy, to get people into work, to boost wages for Welsh workers or to support Welsh businesses, yet Keir Starmer calls this his “blueprint” for government.
“In the Senedd next week, I look forward to bringing forward our Welsh Conservative debate to reverse Labour and Plaid’s slashing of business rates relief, and to create an environment for businesses to invest and create jobs in Wales.”
Welsh Labour Minister admits Welsh Government ‘pretended to know what they were doing’ on economy
