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British-Irish Council talks on economy and education British-Irish Council talks on economy and budget stimulus
(about 7 hours later)
Ministers from around Britain and Ireland will discuss the economy when they meet in Cardiff on Monday. Ministers from around Britain and Ireland have been discussing the economy at a meeting in Cardiff Castle.
The Welsh government, which is hosting the summit, said it wanted to share ideas about how infrastructure projects can boost business. The Welsh government, which hosted the British-Irish Council summit, wanted to share ideas about infrastructure.
Early-years education will also be on the agenda for the British and Irish Council.
It is the third time the body has met in Wales since it was set up as part of the Northern Ireland peace process.It is the third time the body has met in Wales since it was set up as part of the Northern Ireland peace process.
Energy will be the focus of the next summit in Derry in 2013, with Irish prime minister Enda Kenny predicting the export of wind power to Britain.
The council brings together ministers from the UK, Scottish and Welsh governments, the Northern Ireland executive, Jersey, Guernsey, the Isle of Man and the Republic of Ireland.The council brings together ministers from the UK, Scottish and Welsh governments, the Northern Ireland executive, Jersey, Guernsey, the Isle of Man and the Republic of Ireland.
Representatives of the governments will discuss the role of infrastructure in helping economic growth. Representatives of the governments discussed the role of infrastructure in helping economic growth.
It comes after mixed news for the Welsh economy. It came amid mixed news for the Welsh economy.
Job losses
The most recent statistics showed unemployment was down by 5,000 in the three months to September.The most recent statistics showed unemployment was down by 5,000 in the three months to September.
However, steel giant Tata announced last week that it would be shedding almost 600 jobs in Wales.However, steel giant Tata announced last week that it would be shedding almost 600 jobs in Wales.
A Welsh government spokesman said a report into devolving tax-varying powers to the Welsh assembly was not on the agenda, although it was likely to be discussed informally. Following the meeting, Scotland's deputy first minister Nicola Sturgeon said the UK government's autumn budget statement on December 5 was an opportunity to announce further capital stimulus.
The Silk Commission report last week said legislation should go before parliament paving the way to a referendum on giving the Welsh government some control over income tax.
First Minister Carwyn Jones, who will host the summit at Cardiff Castle, said: "I look forward to welcoming ministers from across these islands to discuss issues of common concern, from how we can grow our economies through to challenges we all face.
"This is the third time Wales has hosted the British-Irish Council and it remains an important forum for us to share our common experiences and discuss how we can work together."