Monday, June 30, 2008

Welsh efficiency

It seems that the Welsh have assembled a fund to give grants to small businesses.
A £19m scheme to support existing and new businesses in south west and mid Wales has been launched.

Almost 2,000 grants of up to £5,000 are being made available in five counties - Carmarthenshire, Ceredigion, Swansea, Pembrokeshire and Neath Port Talbot.

It is supported by £8.9m European funding, and there are claims it could create about 1,000 new jobs.

Vindico points out that the figures don't... er... add up to much.
Assuming each grant is the full £5k: 2,000 grants * £5k = £10m. So where does the other £9m go?

Well, one must assume that the remaining £9 million—which is, of course, a wee bit more than the entirety of the EU funds—goes on the administration of this system. Which means that just over 47% of this money is being spent on running the scheme.

Nice.

Still, it's rather better than central government: I have seen it estimated that, of every pound that goes into the Treasury, only about 30p is actually spent on front line services.

Can I just reiterate that government does things very inefficiently and, if you do not like your hard-earned tax money being pissed up the wall, we should ensure that the state gets as little of our money as possible, and thus does only the bare essentials?

The rest is simply wasted. And it's your money.

UPDATE: young Ordovius points out that your humble Devil is famous at last!
The Devil's Assembly

Tory AM William Graham just quoted this post from the Devil's Kitchen in today's plenary.

Yes, yes: it is my assembly: Wales is my bitch.

Anyone know what he actually said?

UPDATE 2: here is a transcript of that particular Plenary.
William Graham: ... I am not a great reader of various things that appear online—I would not call them blogs—except where it mentions my own self, of course. This appeared in 'The Devil’s Kitchen’ and it says, under the heading 'Welsh efficiency’:
'It seems the Welsh have assembled a fund to give grants to small businesses’.

We agree.
'A £19m scheme to support existing and new businesses to south west and mid Wales has been launched. Almost 2,000 grants of up to £5,000 are being made available in five counties….It is supported by £8.9m European funding.’

Sadly, as it points out here, these figures do not add up. The amount of grants suggested only comes to £10 million. So, I will ask the Deputy First Minister to reply on that. Where does the other £9 million go? Surely that cannot all be swallowed up by administration.

As far as I can see, this question is not actually subsequently answered...

UPDATE 3: for posterity, here is the video...


Hmmm.

20 comments:

Sir Henry Morgan said...

I'm Welsh DK ... and I'll be very surprised if all 9million is going on administration. There's plenty of back pocket money there. I know how things are done in Wales.

I once tried to unseat a councillor of 32 years' standing in my home county, because he was a corrupt twat. I wouldn't have minded so much but he was cheap corrupt - a bottle of brandy would get you a planning permission. I didn't unseat him that time - but I got the ward turnout up to just under 80%, and he only beat me by six votes. He retired next time around.

Welsh - corrupt. Then again - the whole political system from Brussells to local parish is these days isn't it! I fucking hate corruption. What the hell is the point of voting on anything if deals are stitched up out of sight.

Old Holborn - bitter and twisted said...

Oh joy. Another £19M of my money going over the border to keep failed English unemployables selling crystals or training in Aromatherapy. Every Welsh village has an Englishwoman offering Reiki Head Massage or Rune chanting.

Remember the motto of the feckless

"If all else fails, There's Wales"

Tomrat said...

DK,

Where is that 30% figure from? A lot of singular items about state inefficiency seem level out on this point but cant find a reliable source; TPA perhaps?

Roger Thornhill said...

I suppose the £9m is spent creating the 1000 (non)jobs in administration.

How they expect £5k to actually create a lasting job I do not know.

Better to spend the money on a competition so 100 people compete for £500k would be better. The best wins. Still, a big chance of corruption also. That is the problem with "devolving", it means you get all manner of amateur corruption and diddling.

So how about Wales coming up with a better battery? Can Cardiff Uni create some fusion? Lets see it, eh?

Lord James Bigglesworth said...

Can I just reiterate that government does things very inefficiently and, if you do not like your hard-earned tax money being pissed up the wall, we should ensure that the state gets as little of our money as possible, and thus does only the bare essentials?

Yes but easier said than done.

Anonymous said...

Exactly, the government at local and national level has huge, and ever increasing, powers to seize your money.

Don't forget that cunt Brown is mooting given the revenue the power to simply seize money from accounts where it is alleged tax is owed by the account holder.

Trooper Thompson said...

The £9 million will most likely be 'match funding' - i.e. money they were spending elsewhere already.

haddock said...

Old Holborn,

"Every Welsh village has an Englishwoman offering Reiki Head Massage or Rune chanting."

you've met my sister then ? or know the Preseli area. Anything that keeps those types in Wales must be considered money well spent. Consider it some sort of revenge for them having sent the kinnocks to us.

Old Holborn - bitter and twisted said...

"There's been an accident at the mine, terrible it is, boyo"

"Let me through, I'm an aromatherapist! Ouch, that looks nasty. I'm just going to infuse the stump on your neck where your head once was with a mixture of lavender, patchouli and wild strawberry. Relaxing isn't it? Here, hold this crystal"

Idiots.

I used to go to New Radnor to visit a relative occassionaly. Tiny village. Post Office closed, one pub and one English "owned" shop selling Dream Catchers, joss sticks, bongs and hand woven peruvian shawls.

patrick said...

Yes most of these schemes go to single mums/homeless, whose feckless ambitions knows no bounds when it comes to business and enterprise...

The very least they could do is ask a consortium of business men & women to sort the wheat from the chaff... But no, this money gets spunked on projects based on the recipients background rather than their actual business ideas...

What you must remember here of course... This is all govt posturing & propaganda... It seeps into the national conscience that govt is the ONLY real supporter and provider of innovation and business...

Any successful small business person will tell you of course... That the harrassment they recieve from local and national govt tax inspectors is far greater than any help it may provide them...

Two Chairs said...

DK, Are you suggesting (despite the appalling shortfall in this case) that the Welsh Assembly is roughly 50% more efficient than Westminster with its money? That really would be a surprise!
Hwyl Fawr.

Roger Thornhill said...

Trooper Thompson said...

The £9 million will most likely be 'match funding' - i.e. money they were spending elsewhere already.


"match funding" = "up in smoke"*

If it were for previous match funding, then the press release should say so. It does not.



* actually I do know the real meaning.

Antipholus Papps said...

Every Welsh village has an Englishwoman offering Reiki Head Massage or Rune chanting.

To be fair mate, that's pretty much every town west of Swindon. If you go to Totnes, you can get Hopi ear candles on the NHS!

cassandra said...

Five Grand? It might pay the business poll tax for a quarter eh and a bit left over to pay off the local diversity goons?

Old Holborn - bitter and twisted said...

No, it's five grand on Skunk and legal aid when the Bailiffs turn up.

Keatonmask said...

Oi Dorling Kindersley! I won't hear it, our lefties can piss money away just as well as yours! We hang labour voters in my village, no joke....fucking scum.

Letters From A Tory said...

No doubt this scheme will inflate the public sector a little bit more at a time when it should be being trimmed.

Anonymous said...

Maybe money badly spent, but think of the Health and Safety training that will be needed there – not to mention all the paperwork required.

Chalcedon said...

30% efficient? Amazing. No wonder taxes are so incredibly high.

£5000..........that nothing. No where near enough for starting a business and no doubt only the usual 50% of he story.

Gman said...

£5,000 is more then enough for many small businesses to get going.

For many a van, a tool box and some brain cells is all that is needed.

My own business is modest and employs only me, but turns over enough to keep me happy and cost a couple of grand to start....

The hardest part in a small business is moving from part time while holding down full time regular employment and doing your new work full time.