Sunday, September 19, 2010

AN APOLOGY TO THE CBI

I begin this week with various apologies to the CBI in Wales.

I apologise for expecting the CBI to speak up on behalf of small firms in Wales when the list of their new council members show that over three quarters represent large businesses in Wales.

I also apologise for criticising the CBI for supporting grants only to inward investors when 40 per cent of the membership of their council represent businesses which are headquartered outside of Wales.

Finally, I apologise for having an expectation that the CBI would truly be the voice of business in Wales, as their byline suggest.

Even when continuing to push the argument that large firms represent 55 per cent of all turnover in Wales, the fact that it has less than 25 per cent of its council membership emerging from the small firm sector demonstrates that the best it can hope for is to be “the voice of big business” in Wales.

Sorry!