Welsh Government
Research
Research
Quarterly report
22 May 2024
This report provides a review of economic data relevant to SME development in Wales, and a summary of the investment activities of the Development Bank of Wales during the third quarter of the 2023/24 financial year.

The very mixed picture on the progress of the Welsh economy and SME prospects continues. Prospects for the Welsh economy are impacted by the developments at Tata Steel. Long-term productivity growth remains a critical concern.

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Quarterly report
22 May 2024
This report provides a review of economic data relevant to SME development in Wales, and a summary of the investment activities of the Development Bank of Wales during the third quarter of the 2023/24 financial year.

The very mixed picture on the progress of the Welsh economy and SME prospects continues. Prospects for the Welsh economy are impacted by the developments at Tata Steel. Long-term productivity growth remains a critical concern.

View report
Research
Research
Wales SME Access to Finance Report
16 May 2024
Economic Intelligence Wales has been collaborating with the British Business Bank to better understand the differences between sub-national access to finance.

The report covers results from a survey of almost 500 businesses located in Wales and found that finance use was lower when compared to other Devolved Nations.
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Wales SME Access to Finance Report
16 May 2024
Economic Intelligence Wales has been collaborating with the British Business Bank to better understand the differences between sub-national access to finance.

The report covers results from a survey of almost 500 businesses located in Wales and found that finance use was lower when compared to other Devolved Nations.
View report
Research
Research
Covid-19 Welsh Government financial interventions
09 May 2024
This final report in a long-term programme of research includes further survey evidence and a summary of the impacts of Welsh Government Covid-19 financial support to businesses.
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Covid-19 Welsh Government financial interventions
09 May 2024
This final report in a long-term programme of research includes further survey evidence and a summary of the impacts of Welsh Government Covid-19 financial support to businesses.
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Research
Research
R&D-intensive businesses in Wales
21 March 2024
Business research and development (R&D) plays a foundational role in firms’ ability to innovate and create value from new products, services and business models.

As part of the Economic Intelligence Wales collaboration, the Enterprise Research Centre has analysed high-R&D intensity firms in Wales, a group of firms which through their investments in R&D demonstrate a strong commitment to innovation and future value creation.
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R&D-intensive businesses in Wales
21 March 2024
Business research and development (R&D) plays a foundational role in firms’ ability to innovate and create value from new products, services and business models.

As part of the Economic Intelligence Wales collaboration, the Enterprise Research Centre has analysed high-R&D intensity firms in Wales, a group of firms which through their investments in R&D demonstrate a strong commitment to innovation and future value creation.
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Annual report
06 September 2023
This is the fifth Economic Intelligence Wales Annual report. The report provides a review of economic data relevant to SME development in Wales and a summary of the investment activities of the Development Bank of Wales for the financial year 2022/23. While there appears to have been some improvement in business confidence in the first quarter of 2023 and a strong labour market, business concerns about inflationary pressure still dominate despite falling energy prices as interest rates rise.
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Annual report
06 September 2023
This is the fifth Economic Intelligence Wales Annual report. The report provides a review of economic data relevant to SME development in Wales and a summary of the investment activities of the Development Bank of Wales for the financial year 2022/23. While there appears to have been some improvement in business confidence in the first quarter of 2023 and a strong labour market, business concerns about inflationary pressure still dominate despite falling energy prices as interest rates rise.
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SME lending by Welsh postcode area (£m)

About

Economic Intelligence Wales collates and analyses data to create independent, robust and reliable insight to help better understand and improve the Welsh economy.

Authors

An overview of the Economic Intelligence Wales representatives and other academic researchers who have authored reports or are currently working on commissioned reports.

Stakeholders

A unique research collaboration between the Development Bank, Cardiff Business School, Bangor Business School, the Enterprise Research Centre and the Office for National Statistics