You can't help wondering just what is the purpose of some of the Quangos set up by the Welsh Government are there for?
Now we have the news that a Welsh government-owned investment company has defended a decision to compete for business as part of England's Northern Powerhouse.
A 2013 review by business expert Prof Dylan Jones-Evans questioned whether Finance Wales was doing enough to help the Welsh economy, and recommended the creation of a development bank.
Or am Ibeing really dence
All to often it appears that the quangos and agencies set up by government (both UK and Welsh) are there to to serve those operating and working for them .
I don't think I and Royston Jones (AKA Jac O' the North) would agree on the approach to Independence we should take, but her does deserve credit for his exposure of the dark side of some of those Quangos, Agencies and other Organisations which are supposed to serve the Welsh Public but seem to mainly to serve the interest of those employed by them .
Much of this is unfortunately partly due to almost a century of Labour Hegemony in Wales where there is a Job for the Boys (and Girls) attitude .
It used to be said that the quickest route for an ambitious teacher to becoming a Headteacher was to join the Labour Party.
Can it be that those wishing for a comfortable job in the public sector look at a similar route?
The Welsh Government is dropping its controversial anti-poverty initiative Communities First, it has been confirmed.
Communities and Children Secretary Carl Sargeant has announced that instead a “cross government approach” to boosting prosperity across Wales will be pursued.
Wales online
More than £300m has been spent on Communities First since it was launched in 2001 to help people in the most disadvantaged areas of Wales. But its performance has been inconsistent, and questions have been raised about its effectiveness.
Last year an evaluation report said:
“While Communities First has retained its ethos of encouraging community involvement in the design, delivery and monitoring of the programme, genuine community participation is not always being achieved or is not being facilitated in a way that is of benefit to the implementation of the programme.”The scheme’s credibility took a knock in October 2011 when Miriam Beard, the co-ordinator of Plas Madoc Communities First Partnership in Wrexham, was jailed for 32 months after defrauding the body of more than £53,000. Beard’s family members benefited by tens of thousands of pounds from payments made by the partnership.
Now we have the news that a Welsh government-owned investment company has defended a decision to compete for business as part of England's Northern Powerhouse.
FW Capital, a subsidiary of Finance Wales, wants to manage part of a £400m fund for firms in the north of England.
But FW Capital said any profit it makes in England would help cover Finance Wales's overheads back in Wales.
The firm has had a team of fund managers operating from offices in the north west and north east of England since 2010.
Are these operatives from Wales or are they locally based ?
Plaid AM Adam Price said it was "perplexing to say the least that this practice [of work outside Wales] is continuing", following a Welsh Government review in 2013.
"The whole purpose of creating this lever, this additional bit of institutional fire power, is to give Welsh businesses a competitive advantage,"If you're doing the same on the other side of the border you're potentially negating your work in Wales."
A 2013 review by business expert Prof Dylan Jones-Evans questioned whether Finance Wales was doing enough to help the Welsh economy, and recommended the creation of a development bank.
Finance Wales chief executive Giles Thorley said the group's priority "is and will always be supporting businesses in Wales".
He said FW Capital was run
"on a profitable basis by local fund managers" and "brings valuable management fees to the Finance Wales Group making a sizeable contribution to central overheads in Wales".
"We're looking forward to working with Welsh Government on the plans to become a Development Bank for Wales," he said.But surely investing (or gambling) on projects outside of Wales is negating the whole ethos of Finanve Wales.
"Our focus remains on helping businesses in Wales to grow and succeed,"
Or am Ibeing really dence
All to often it appears that the quangos and agencies set up by government (both UK and Welsh) are there to to serve those operating and working for them .
I don't think I and Royston Jones (AKA Jac O' the North) would agree on the approach to Independence we should take, but her does deserve credit for his exposure of the dark side of some of those Quangos, Agencies and other Organisations which are supposed to serve the Welsh Public but seem to mainly to serve the interest of those employed by them .
Much of this is unfortunately partly due to almost a century of Labour Hegemony in Wales where there is a Job for the Boys (and Girls) attitude .
It used to be said that the quickest route for an ambitious teacher to becoming a Headteacher was to join the Labour Party.
Can it be that those wishing for a comfortable job in the public sector look at a similar route?
2 comments:
The fact is that while macro economic powers - like powers over welfare and employment - remain with westminister it would be foolish for anyone to think any welsh government could make a significant impact on poverty levels in wales. And while 300 million may sound like a lot for a welsh government to be spending bear in mind that is spread over 15 years - in fact the welsh labour government is currently proposing to spend at least twice that on a disastrous and deeply unpopular road scheme.
Contrary to the impression you get from the welsh media communities first has had some successes, and the left leaning bevan foundation has highlighted these.
It would also be naive to think this decision isnt linked in any way to brexit. With serious doubts about european money for wales being replaced by the UK government it's clear there'll be a few casualties in Wales - and the communities first scheme looks as if it's one of them. Whichever way you care to look at it the future for Wales poorest communities looks pretty bleak at the moment.
Looks like Nicola's well ahead of Mr😁
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