12,000 jobs boost if Welsh Government windfall used correctly, says FSB

  • 11-10-2011

THE Welsh Government’s recent £38.9m windfall from Whitehall could be translated into more than 12,000 new jobs, if used as a direct incentive for employment generation in small firms, the Federation of Small Businesses (FSB) told ministers.

The organisation said it was aware of many small and micro-businesses currently trying to decide whether or not they could afford to recruit new workers.

A straightforward cash incentive, such as an employer national insurance rebate, would, they said, tip the balance in favour of hiring new staff and thereby unlock thousands of job opportunities in Wales.

Ruthin businessman Gwyn Evans, who vice chair of the FSB Policy Unit in Wales, said: “These jobs may only come in ones and twos but, collectively, they would make serious inroads into our unemployment problem.”

The FSB submission comes as ministers contemplate how best to use the £38.9m from central government, which has arisen due to a recalculation under the Barnet funding formula.


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