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Thursday, March 19, 2020

£1.4 billion to help businesses in Wales

Finance Minister Rebecca Evans and the Minister for Economy, Ken Skates (pictured) have announced a new £1.4bn business support package to help businesses across Wales.
This support – extending the package announced yesterday – matches the measures in England providing a much‑needed boost for small businesses struggling to cope with the impact of the Coronavirus crisis.
The new package provides retail, leisure and hospitality businesses in Wales with a year long business rates holiday.  A grant of £25,000 will also be offered for businesses in the same sector with a rateable value of between £12,001 and £51,000.

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