The Federation of Small Businesses (FSB) has called for an economic development bill in Wales as it says urgent clarity is needed from both the Welsh and UK governments on the future support for SMEs.
The organisation, which represents small and medium-sized businesses, has released a report on the future of business support which sets out a list of recommendations it wants to see from governments to help businesses in Wales.
It said the Welsh Government should pursue an economic development bill to provide a framework to address regulation, tax, skills and wider policies, and encourage a ‘think small business first’ policy across devolved and central governments.
