Finance Wales 'As Independent As Ever' After Merger Into Assembly

Western MailJune 30, 2006

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Summary


Chairman of Finance Wales Brain Howes yesterday stressed that its independence has not been compromised after the merger of the Welsh Development Agency into the National Assembly.

The business development bank was formerly a stand-alone subsidiary of the WDA, which was merged into the Assembly's civil service last April.

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Extract


Finance Wales 'As Independent As Ever' After Merger Into Assembly

Mr Howes said that despite the merger Finance Wales has continued to have an at-arms-length relationship, despite a change in its 'ult...

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