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Birmingham Post
Birmingham Post
Business
Owen Hughes & Owen Hughes

Economy Minister Vaughan Gething on tourism taxes, holiday home rules and Brexit

Economy Minister Vaughan Gething spoke about Brexit, tourism taxes and freeports in an interview with Business Post. The minister was in north east Wales in a visit to Deeside’s Toyota factory and the AMRC Cymru research and development facility next to Airbus Broughton.

Mr Gething admitted the worst case scenario of an exodus of manufacturers after Brexit had not materialised but that barriers had been placed on trade that were impacting both large and small businesses in Wales. Resolution Foundation says Brexit has reduced the competitiveness of the British economy, with implications for productivity and wages.

He also defended plans for extra rules on holiday lets in Wales but added that were prepared to listen to sector voices over finding exemptions for certain operators. Mr Gething also said he would like two freeports in Wales but that talks were now held up by the current situation in Westminster.

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