The Shadow Minister for Economy, Russell George MS, has called on the Welsh Labour Government to use additional funding from the UK Conservative Government to extend business rates relief to cover all retail businesses.
He said: “Today’s additional funding - £90 million – for Wales is the latest example in a very long list of how the UK Conservative Government is determined to support jobs and businesses during the pandemic.
“All eyes are now fixed on the Welsh Labour Government to see what they will actually do with this large sum of funding.
“Without a shadow of a doubt, the money needs to be used to ensure all retail businesses – including those with a rateable value of more than 500,000 – receive a rates relief to allow them to recover post-pandemic. What Welsh Labour Government Ministers need to realise is once businesses have left the high street, that’s it – that is why we need to do everything we can to prevent this disastrous scenario from materialising.
“Ministers in Cardiff Bay must ensure this funding is used appropriately without delay to help us to build a better Wales.”