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Economic Development

CBI Wales makes offer to Welsh Government provide roadmap to reopen economy

The business organisation set out six elements that will help firms plan and prepare in advance of a lifting of restrictions in a letter to the Economy and Transport Minister

Director of CBI Wales Ian Price(Image: Copyright Unknown)

CBI Wales is urging the Welsh Government to work closely with business to find the best way out of lockdown.

The business organisation believes it can help the Government best identify economy-critical elements to a roadmap out of the latest lockdown in Wales.

In a letter to Economy and Transport Minister Ken Skates, signed jointly by CBI Director-General Tony Danker and Wales Director Ian Price, the CBI has identified a series of key priorities to plan for a successful re-opening of the economy when the moment is right to do so.

The groups say that with health teams in crisis management mode, it is not attempting to set a specific date for re-opening as this must be driven by health data.

Mr Price said: “The Prime Minister has set out the initial parameters for reopening as a country, which was a big help for businesses. Clearly, the precise dates will be determined by data, so let’s use this time wisely to get the roadmap right together for when lockdown ends.

“There is huge appetite among businesses to help the Welsh Government create and deliver a roadmap out of lockdown that lasts, has national consensus and kickstarts our economic recovery as 2021 unfolds.”

Welsh Government Minister Ken Skates(Image: Ian Cooper/North Wales Live)

The CBI identifies at least six elements that will help firms plan and prepare in advance of a lifting of restrictions:

  1. Confirming once more what will be considered low, medium or high-risk economic activity, so that businesses can understand what will open sooner or later;
  2. Deciding whether or not there will be a return to alert levels, as part of a gradual re-opening. And if so, what will now be permitted under each level as more people become vaccinated;
  3. Identifying and understanding the conditions that need to be met before rolling back certain restrictions, and ultimately the need for social distancing;
  4. Outlining how the vaccine will be deployed once the most vulnerable groups are inoculated, to reach the Government’s target of all º£½ÇÊÓÆµ adults being offered a vaccine by Autumn. The CBI believes there are strong arguments for phase 2 of the roll-out being done in a way that maximises the safe re-opening of the economy, such as prioritising key enablers like schools, transport, and other key public services;
  5. Thinking how regular mass rapid testing in the community and workplaces could allow a wider, speedier reopening of the economy. It would set out what additional freedoms it might permit individuals and firms that commit to regular testing, as well as address the duration of asymptomatic testing so that workplaces and society are resilient to any new strains of the virus in the medium to long term;
  6. Creating bespoke, detailed plans for the harder to open sectors of the economy, such as testing regimes for international travel, or the conditions for activities such as hospitality and live events to return.

Running alongside the roadmap the organisation says there must be clear parameters for determining what, and for how long, economic support measures remain in place. The plans, it says, should develop in lockstep, to ensure that key support measures taper away, without a cliff-edge, ensuring that support is progressively targeted on those sectors that remain closed for longest.