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Jenny Willott welcomes positive CBI forecast for Wales

May 13, 2013 4:20 PM

The main business organisation representing employers, the CBI, has predicted that the Welsh economy should pick up later this year and that growth will continue into 2014. CBI Wales said the Welsh economy was slowly growing, while manufacturers have said they were getting more orders.

The organisation also pointed out that the Welsh government could do more to help the construction sector by cutting red tape and "spending wisely" the available Treasury money.

Jenny Willott, Welsh Liberal Democrat MP for Cardiff Central, has welcomed the predictions, saying:

"Obviously this is good news for Wales and is an encouraging marker for our economy. But that is not to say that we can be in any way complacent; lots of people and businesses are still really struggling. We need real, sustained growth to provide the jobs and progress we all want to see in Wales.

"The CBI rightly notes that the Welsh Government could be doing much more to support businesses and the Welsh economy. I hope this serves as a wake-up call and that the Assembly Government focuses on using public money more wisely to advance the long-term future of Wales."

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