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Back SMEs Or Pay The Price, FSB Wales Tells Senedd Hopefuls



Wales’s next government must put the country’s 200,000 small businesses at the heart of its strategy in order to protect jobs, communities and the Welsh economy, the Federation of Small Businesses (FSB) has warned.


It comes as the UK’s largest small business group launches its Senedd election manifesto ahead of the hotly-contested May elections, which will decide who runs Wales for the next five years.


The manifesto sets out how tackling rising costs, regulatory burdens, skills shortages and the decline of the high street could unlock Wales’s small business potential.


FSB Wales is now calling on all parties to make the 2026-2031 Senedd term the Small Business Term, as new research reveals that 65 per cent of Welsh business owners say passion, not profit, is their main motivation for running a business.


The manifesto is built around five pillars:

  1. Putting Small Businesses at the Heart of Government - Introducing a new Economic Development (Wales) Bill as well as a fresh economic strategy, and creating a dedicated agency to make sure SMEs are considered in every government decision.


  2. Reducing the Cost of Doing Business – Reforming business rates, mandating a 30-day payment term on public contracts, cutting red tape by 25 per cent, and better digital support for SMEs.


  3. Revitalising High Streets and Communities – Creating a business rates multiplier for retail, hospitality and leisure, more funding for town centres, taking action on anti-social behaviour and creating a Planning Act to revive high streets.


  1. Real World Productivity - Bigger infrastructure investment, better access to finance, creating a Minister for Digitalisation and establishing a new Net Zero Business Wales scheme to increase efficiency and sustainability.


  2. Successful People - Building a start-up strategy, increasing apprenticeship funding, creating a leadership development and creating an employment incentive to address skills mismatches and build resilient workforces.


John Hurst, Chair of FSB Wales, said:

“This is a manifesto for small business by small business. We must put small business at the very heart of the next Welsh Government, rejuvenate our high streets, enable businesses to thrive, reduce costs and support the wider workforce."

“From an innovative Economic Development Bill for small business growth to targeted rates relief and making sure businesses can get the skills they need, our proposals will empower SMEs to overcome barriers and thrive."

“As we approach the 2026 Senedd election, we urge all political parties to adopt these measures to unlock Wales's entrepreneurial potential for resilient communities and a prosperous future."

“Our members across Wales have created this manifesto and it is a direct reflection of their current situation and challenges and also highlights what is needed for them to continue to support the communities in which they operate, and the wider Welsh economy.”


About FSB

FSB is a non-profit, non-party-political grassroots business organisation that provides its members with a wide range of vital business services. These include advice, financial expertise, legal support and a powerful voice heard in Government for over 50 years.

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  • Dec 15, 2023
  • 2 min read

Manufacturing firms in the North West have the chance to make efficiency gains and significantly reduce their operating costs, thanks to the launch of a new productivity improvement programme.

The Manufacturers Network has joined forces with Kaizen Impact Coaching to deliver the Productivity and Capability Energiser programme (PaCE).

The new partnership provides manufacturing leaders and their management teams with 15 days of intensive targeted support from two specialist coaches over a five-month period.

It is designed to help them improve manufacturing productivity by optimising processes, maximising value, standardising work and strengthening leadership.

Participants will build capability and make improvements using proven Kaizen techniques including value stream mapping, process observation and practical problem solving. They will also attain the Lean Competency System (LCS) accreditation from Cardiff University.

Chris Merriman, Associate Director of Practitioner Services at the Manufacturers Network explains: “Our new programme affords manufacturing leaders and managers time they never usually get to take a step back from their business and analyse where productivity, processes and workflow can be improved."

“More importantly, they get to work with a highly effective specialist Kaizen coaching team on identifying opportunities to increase productivity and reduce costs."

“Participants attend for three days each month to receive intensive coaching which includes improving workflow and identifying activities to achieve the highest return on investment and longer-term financial benefits."

“They then have the chance to start applying identified improvements and benchmarking progress at the end of the programme."

Barry Williams from Kaizen Impact Coaching, who has worked for global manufacturers such as Jaguar Land Rover, Rolls Royce and Airbus adds: “Over the five months, we deliver each step in individual blocks, with the pace set to deliver the greatest potential for learning."

“Our purpose is to deliver high impact improvement, in a scalable, high value, easy to follow approach that can be used forever."

“We'll be working with the manufacturers to build their capability to see things differently, use facts and data, and understand where and how they can make improvements."

“We’ll be providing them with everything they need to make sustainable improvement in targeted areas. They will develop wider knowledge, skills, tools and confidence to deliver improvement across their business. The benefits and potential of the approach are huge, and so too the value.”

By working with other manufacturing firms during the programme, the aim is that participants will also benefit by growing their networks, sharing best practice and encouraging more collaborative ways of working.

From its headquarters at Trafford Park, the Manufacturers Network provides a host of productivity excellence and business transformation programmes, with courses combining advanced manufacturing techniques and latest thinking, practical insights, and best practice from the factory floor to the board room.

Its team has worked with manufacturing giants such as Siemens, Continental, Ricoh and GSK. The network’s manufacturing specialists deliver site visits and study tours for knowledge transfer, organisational assessments for excellence, education, on-site support and peer-to-peer learning.

For further information about the new programme, call 0161 533 1617, visit www.manufacturersnetwork.co.uk/kaizen-impact-coaching or email hello@manufacturersnetwork.co.uk


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