Ambitions for our Economy
In the run up to the 2026 Senedd elections, we will set new targets for the Welsh economy so that we can better understand the impact of policy decisions and investment choices through their outcomes, rather than ticking boxes on process.
Recognising the inequality in economic performance of different nations and regions in the UK, Plaid Cymru propose an Economic Fairness Bill that will make levelling up a meaningful phrase, rather than a political slogan, ensuring that the impact of fiscal decisions are considered on a wider level than just what is best for the City of London.
Recognising the challenge of regional inequalities within Wales, we will also ensure that the same consideration is given to all parts of Wales to be sure that everybody benefits from Welsh Government investment decisions.
Plaid Cymru campaigned in 2016 for Wales to stay in the European Union, recognising both the social and economic benefits which accrued from that membership. We respected the result of the referendum, but, with the Conservatives having led us down a path of destruction, we believe that the UK should re-enter the European Single Market and Customs Union at the earliest opportunity, in order to mitigate the impact of Brexit on Welsh business and reduce overheads and administrative costs. This will help us improve trade with our European neighbours, including the Republic of Ireland, assisting our Welsh ports at Holyhead and Fishguard amongst others.