Development Bank of Wales research identifies 1,732 “Productivity Heroes” generating £6.04 billion turnover

Bitget2026/09/23 10:10

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Development Bank of Wales published analysis identifying 1,732 Welsh “Productivity Heroes” in 2024-25, linking higher productivity with job creation.
These firms generated GBP 6.04 billion in turnover, creating more than 5,200 jobs, according to the report.
Labour productivity rose about 24% to nearly GBP 165,000 per employee from roughly GBP 133,000.
The count fell from a 2022-23 peak, but remaining firms showed stronger productivity, suggesting support can target higher-impact businesses.
The report points to leadership, skills, finance, innovation as priority levers for policy and investment to narrow Wales’ 15% UK productivity gap.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Development Bank of Wales Public Ltd Co published the original content used to generate this news brief on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Development Bank of Wales research identifies 1,732 “Productivity Heroes” generating £6.04 billion turnover

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