restrict

It added that the current financial challenges should not restrict its long-term ambitions for the sector.

The Welsh government said it is "determined" current financial challenges will not restrict its "long-term ambitions for the sector".

The bill faced strong opposition from activist groups, which warned that its would restrict non-profit organizations’ right to free-speech, as well as lead to the targeting of political opponents, media outlets and universities across the political spectrum.

"It doesn’t feel like a Budget for working people. It doesn’t feel like a Budget for growth. I think it will restrict investment," added Fullers boss Mr Emeny.

A similar story played out when Texas lawmakers killed a bill intended to restrict transgender athletes’ participation in sports in 2021.