FSB Wales: Businesses look to invest for future

Almost a third of Welsh small and medium sized businesses plan to boost spending in the next year.

A Federation of Small Businesses (FSB) survey, external for the third quarter of 2014 shows 28% of firms plan to increase capital investment - money spent on assets such as land and machinery.

Rhodri Evans of the FSB said this was the highest number for four years but there was still a lag behind the rest of the UK in terms of confidence.