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  1. ITV Report

Businesses to sign up to new contract for government support

Credit: PA

Businesses in Wales will have to sign up to an 'Economic Contract' if they want Welsh Government support.

That's the message from Economy Secretary Ken Skates AM who says it's all about making sure businesses "commit to the principles that we believe in".

Our new Economic Contact is the start of a new and dynamic relationship between Welsh Government and business that is based on the principle of public investment with a social purpose.

It means businesses seeking our support will actively collaborate with us and commit to the principles that we believe in - the principles of growth, fair work, health, skills and learning and decarbonisation.

– Economy Secretary Ken Skates AM