Press release

Private Sector key to economic growth, David Jones tells CBI North Wales Annual Dinner

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

The private sector will play a key role in promoting economic growth in Wales, David Jones, Welsh Office Minister told businesspeople and entrepreneurs…

The private sector will play a key role in promoting economic growth in Wales, David Jones, Welsh Office Minister told businesspeople and entrepreneurs at the annual CBI North Wales dinner tonight [Thursday 18 November].

The dinner, which took place at KK Finefoods in Deeside, was an opportunity for Mr Jones to highlight the importance the coalition government places on the private sector in promoting economic growth and what it is doing to assist businesses during this time.

Speaking at the dinner, Mr Jones said:  “It is a pleasure to be here tonight with so many national and global brands in attendance.  The private sector is at the very heart of our plans for future growth and we are committed to doing all we can to support private sector companies.

“Whilst global economic conditions remain difficult, the indications are that we are heading in the right direction and a steady economic recovery seems underway.  And we will be looking at the private sector not just here in North Wales but across the whole of Wales to help us lead the economic recovery. 

“We already have great examples of thriving industries in North Wales, for example Airbus and Sharp to name just two.  But we want to do more.

“We must provide businesses with the environment for them to thrive and we must encourage more private sector companies to set up and do business here in Wales.  That is why we have introduced a range of measures - from reforming the corporate tax structure; simplifying business regulation with a ‘one in, one out’ rule to reforming the banking system to ensure flows of credit so vital for SME’s.  By working together we can take forward this Government’s commitment to making Wales a place where companies can grow and succeed.”