Welsh Government needs a more coordinated approach for managing financial support for business

No

The Welsh Government didn’t fully translate its vision for economic renewal into a coordinated programme of financial support to businesses, instead focusing on managing individual projects. It also needs to demonstrate more clearly what this support achieves.

That’s the conclusion of a report by the Auditor General for Wales. The Welsh Government is beginning to overhaul its approach to providing financial support to business, through a new strategic vision.