Written question WQ83569
- Asked by
- Mark IsherwoodConservative
- To be answered by
- Minister for Economy
- Tabled
- Due
- Answered
- Time to answer
- 10 days
Question
Where an applicant for a Development Bank of Wales Grant does not want to sign up to the terms and conditions regarding trade unions, would they be excluded from any Development Bank of Wales Grant?
Answer
Answered by Minister for Economy
The Development Bank for Wales (DBW) does not give grants, it operates commercially at arm’s length from government and is helping hundreds of businesses across Wales to invest and grow.
Decisions by companies regarding recognition of trade unions do not factor in due diligence or other approvals processes for loans or investments made by the DBW.