In tonight's Sharp End we look at rival proposals unveiled by both the Welsh Conservatives and Plaid Cymru for a new business bank to make it easier for small firms to access lending. Plaid's proposal envisages creating a new 'Bank of Wales.'
Of course there was a Bank of Wales, set up in 1971 by the financier Sir Julian Hodge to lend money to Welsh businesses that mainstream banks wouldn't lend to. Here he is explaining it to Emyr Daniel of HTV Wales. It all seems very familiar. Apart from the pipe.