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  1. ITV Report

'Euro crisis and low business confidence' hitting Wales

Businesses say uncertainty is hitting the economy and stifling jobs and growth Photo: ITV News Wales

Welsh businesses have revealed how they are holding back on investments and avoiding taking on staff because of the Euro crisis and the lowest business confidence in any of the UK nations.

They say that business uncertainty is hitting the economy and stifling jobs and growth.

They are also warning that a so-called 'living wage' that's higher that the statutory minimum would harm recruitment.

Our Business Correspondent Carole Green has been tracking the progress of a dozen firms across Wales this year. On the eve of the latest employment figures, we brought the ITV Wales Business club together in Newport to discuss their situation.