Economic Intelligence Wales

Research
Research
Quarterly report
06 November 2024
This is the first Economic Intelligence Wales Quarterly report of 2024/25. 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 first quarter of 2024/25.

High and increasing economic inactivity in Wales, business closures exceeding business starts and lower business investment levels across the UK are continued causes for concern. Critical here is continued pressure on public finances which limits the interventions that the new UK Government can make.
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Quarterly report
06 November 2024
This is the first Economic Intelligence Wales Quarterly report of 2024/25. 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 first quarter of 2024/25.

High and increasing economic inactivity in Wales, business closures exceeding business starts and lower business investment levels across the UK are continued causes for concern. Critical here is continued pressure on public finances which limits the interventions that the new UK Government can make.
View report
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Displaying Reports and Figures
Annual report
05 September 2024
This is the sixth 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 2023/24 financial year.

Overall, there are encouraging signs from SMEs in the Welsh economy. However, there is some specific concern regarding falling Welsh export activity and the changes at Tata in Port Talbot could have large impacts on the Welsh index of production, let alone the impacts of large-scale redundancies.
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Annual report
05 September 2024
This is the sixth 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 2023/24 financial year.

Overall, there are encouraging signs from SMEs in the Welsh economy. However, there is some specific concern regarding falling Welsh export activity and the changes at Tata in Port Talbot could have large impacts on the Welsh index of production, let alone the impacts of large-scale redundancies.
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.
View report
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Closures continue to be higher than starts in Wales