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Sir David Varney's Review & Wales Low Growth Rate - Williams Comment

June 2, 2008 1:30 PM

Figures from Sir David Varney's Review of the Competitiveness of Northern Ireland shows Wales had the lowest economic growth rate per capita in the period 1997-2006.

Kirsty Williams, Welsh Liberal Democrat spokesperson for Economy said:

"These figures highlight the Welsh Labour Government's failure to attract the economic prosperity and activity felt across the rest of the UK to Wales. The Labour Government in Wales have year on year failed to draw upon the booming economy of the three other nations to mirror the benefits here.

"It is no wonder that Labour voters are turning away in their droves. The people of Wales have had enough of being let down by a government that has missed opportunity after opportunity - with a failure to use significant resources from the European Community and a failure to invest in skills, entrepreneurship and research. "

Notes:

Page 14 Cart 1.1

http://www.hm-treasury.gov.uk/media/7/F/varney_review300408.pdf

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