WalesOnline - Business - Business News - Value of mergers and takeovers in Wales falls to £3m: "THE value of merger and acquisitions deals in Wales in February was the lowest since July last year, according to the latest data from Zephyr."
£3 million? The value of one big farm or maybe three hill farms, why are farms worth so much? Is it the public subsidy, without which they would not survive, or so they tell us while sitting in their brand new tractors or landrovers and building homes in the wilds to satisfy their cravings for more money.
Are Welsh politicians and officials able to establish whether Wales is an enterprising nation? In other words how many new business ventures were establish in Wales over the last year or so and how many were closed? If we have more businesses closing and more private sector job losses than are being created then what are the constraints on businesses? For example is it inherited English planning laws? Or English legislation preserving the landscape in aspic?
Is it the Welsh culture and dislike of ‘in migration’ which enables all those in control of our lives in certain parts of Wales to say NO too often? Are we capable of saying YES more often? The US is renowned for its determination to say YES, to go for it; many of its founding fathers were Welsh, what happened to the enterprising culture, is it tied up with red tape?
Wednesday, March 10, 2010
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