The findings of a Welsh Conservative business policy document are based on a snapshot survey of just 0.6% of Welsh small and medium sized businesses, a Welsh Labour AM has claimed.
The Tories' 'Invest Wales' scheme will be debated at the Senedd today but Labour say their claim that 64% of businesses are unaware of the existing Finance Wales’ is based on a Federation of Small Businesses survey of just 135 respondents out of 209,200 firms.
– Clwyd South AM Ken Skates
While Welsh Labour is happy to debate and consider the merits of any opposition policy document, the Conservatives have desperately tried to spin the findings of a snapshot survey. We fully acknowledge there is a serious issue with high street banks lending to Welsh SMEs and the Welsh Labour Government has set up a review headed by Professor Dylan Jones-Evans to look at this issue. The Conservatives need to go back to the drawing board and base their findings on facts instead of spinning surveys to make a flimsy attack on a Government doing its best to stand up for businesses across Wales.