PLAID CYMRU leader Adam Price made a major shift to his party’s position on Brexit in a landmark speech today.

Delivering a keynote address at the Pierhead building in Cardiff, Mr Price said it was time for Wales to focus on “new opportunities in a new landscape” ahead of Brexit on Friday.

Mr Price said that while “we weren’t all Leavers” there is “little point” in fighting “yesterday’s battles” now that Britain will be leaving the EU.

He insisted it is now time to take a “positive post-Brexit plan for Wales” with more powers for the Senedd that would help “tackle and solve Wales’s economic problems.”

Previously the party supported Remain and had agreed an electoral pact with the Greens and Lib Dems not stand against each other in seats that would split the Remain vote during last month’s election.

Mr Price said that Wales could have powers to vary corporation tax or VAT after it leaves the EU.

Under EU rules countries must apply a minimum standard VAT rate of 15 per cent.

He also suggested that powers over public procurement rules could be devolved to Wales alongside a government “made in Wales” and “buy Welsh” programme.

And he encouraged the party faithful that it was time to turn the “power grab” into a “power gain” and take advantage of some of the “flexibilities” afforded to Wales outside the EU.

These “flexibilities” include devolving power over corporation tax, capital gains tax on property, the apprenticeship levy and air passenger duty.

Mr Price added: “Simply defending the status quo is no longer enough. It’s time to focus on the new opportunities in the new landscape.”