Parties urge Welsh business bank

Welsh Conservatives and Plaid Cymru outline competing plans to help small businesses get better and quicker access to government loans.

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  1. Adrian Masters

Wales bank row continues

Plaid Cymru and the Welsh Conservatives continue to disagree over their competing visions for a business bank to speed up lending to small firms. I told you yesterday that the Tories are accusing Plaid of bringing forward their proposal as a spoiler for the Conservative announcement.

I asked Plaid's Simon Thomas if that's what the party had done. He said 'it would be wonderful to say yes to that question,' but that the idea was an 'ongoing Plaid commitment' and criticised the Tory version for linking up with 'failed' mainstream banks.

Meanwhile Opposition leader Andrew RT Davies and Shadow Finance Minister Paul Davies described the comments and Plaid's timing as 'bizarre.' They criticised Plaid's announcement as 'offering nothing' other than the promise that the idea would be looked at by its Economic Commission.

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