Five years on from when he was confirmed as first minister, Mark Drakeford has announced that he will be stepping down from his role.
He will remain in his position until his successor has been selected, with a new party leader expected to be elected before Easter.
Responding to the news, Paul Butterworth, CEO at Chambers Wales South East, South West and Mid, said:
“Chambers Wales South East, South West and Mid would like to thank the First Minister, Mark Drakeford, for his years of public service to Wales, leading the country during a time of tough economic circumstances and a global pandemic with dignity, a time that severely tested businesses and society at large.
“As we look forward to 2024, we hope the next First Minister of Wales will set the agenda on a long-term economic plan for Wales’ prosperity, underpinning the potential green economy with skills development in and for Wales, alongside a vision to grow ‘brand Wales’ internationally.”