A welcome change can be seen in the upcoming budget of Wales which is reported to be drawn on the line of economic growth of Cardiff and Deeside.

As per the proposed bill, a special focus will be given to the large business groups so that they can boost the overall economic growth. Following the underlying aim, a financial leeway of up to £270,000, over a five-year period will be given to the business groups so that they can be shifted into the enterprise zone in Wales.

However, the profit attained will be shared by local authorities within the Local Enterprise Partnership areas so that significant contribution can be made for the development of economy.

Analysts believe that no matter how much fund is being given to the foreign companies to create an economic zone in Wales, most of the blue chip companies would prefer to go with their interest, overlooking the parameter of cost.

If reports are to be believed, Cardiff is growing at the rate of at around 105% of the UK’s GVA average. If the widening gap between the economic growth of Wales and Cardiff is to be reduced, then WAG has to take strategic steps to cushion more support and requisite infrastructure for the companies instead of pushing restrictive policies to flourish.