Retailers, pubs, restaurants and other businesses affected by coronavirus will now be protected from eviction until the end of March 2021, Minister for Economy, Transport and North Wales Ken Skates (pictured) has announced.
As part of the
action Welsh Government is taking to support the business community from the
impact of Covid-19 the moratorium against forfeiture for the non-payment of
rent, which was due to end on 31 December, will now be extended until 31 March
2021.
While businesses
should continue to pay rent wherever possible, the latest measure will ensure
no business is forced out of its premises if it misses a payment between now
and the end of March 2021. The move will help ease the burden on a range of
sectors, including retail and hospitality, at what continues to be a time of
immense challenge.
Since the start of
the pandemic Welsh Government has put together the most generous package of
support for business anywhere in the UK, worth nearly £2bn. This includes £340m
that is available through the latest round of the Economic Resilience Fund to
support businesses affected by restrictions that came into force on 4th December.
Ken Skates, said: “Despite all of our
ongoing efforts to reduce the spread of coronavirus, instances of the virus
remain worryingly high. We recognise that the ongoing restrictions and wider
behaviour changes are putting significant pressure on many of our businesses
and we are working hard to quickly support our businesses with the most
generous support offer for business anywhere in the UK.
“As part of that
package of support, I am pleased that we are also able to extend measures to
prevent forfeiture for the non-payment of rent. This will protect many
businesses from eviction and help to secure jobs, safeguard businesses and
shield our economy over the critical months to come.
“We will continue
to put pressure on the UK Government to provide further support as we progress
towards a prosperous post-pandemic Wales.”
The Deputy
Minister for Housing and Local Government, Hannah Blythyn said: “Supporting Welsh
businesses whilst balancing the need to protect our most vulnerable and stop
the spread of the virus has not been an easy task. Ensuring retailers, pubs,
restaurants and other businesses will be protected from eviction until the end
of March 2021 is just one of the ways we helping our town centres to not just
get by but come back better as they safely continue to trade during this
challenging time.
“Giving our towns
a sense of place is more important than ever, and in line with our Transforming
Towns agenda we will continue to work collaboratively with partners to build
sustainable town centres for the future where businesses can thrive.”
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