The Prince of Wales has hailed Wales as the place for foreign investors to do business and grasp the “extraordinary possibility” on offer.

William said he was “proud” to be following in his father’s footsteps and praised the King for showing “leadership in championing Welsh business and innovation” decades ago, when he personally encouraged the co-founder of Sony to open a factory in the nation.

His comments were made in a speech at the Wales investment summit being staged by the Welsh Government to encourage foreign companies to fund new ventures.

The future King also appreciated the “sense of warmth and belonging” that makes Wales unique after setting up his first home with wife Kate on Anglesey when he was an RAF search and rescue helicopter pilot.

William delivered his speech after

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