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Birmingham Post

Business

Sion Barry

The rise of employee-owned business in Wales

Wales Senedd Welsh Government The Welsh Government Vaughan Gething

A Welsh Government target of providing support to help double the number of employee-owned businesses in Wales is well on track to being achieved.

The aim, over the course of the current Senedd term, is part of its programme for government, In May 2021 there were 37 employee-owned businesses, with a target to reach 74 by May 2026.

Economy Minister Vaughan Gething said the figure is currently at 63. Back in 2013 there were just 13.

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