Written question WQ84016
- Asked by
- Joel JamesConservative
- To be answered by
- Minister for Social Justice
- Tabled
- Due
- Answered
- Time to answer
- 7 days
Question
What action is the Welsh Government taking to support rural post offices in Wales?
Answer
Answered by Deputy Minister for Social Partnership
Post Office Limited provides funding aimed at supporting uneconomic post offices across the UK, such as those in rural areas. In 2021-22, £50m has been made available for this purpose.
Post Office matters are not devolved to the Welsh Government, but local post offices in Wales can access a range of support provided by Business Wales which offers support tailored according to business need. More information can be found at http://businesswales.gov.wales, on social media; or calling the 03000 6 03000 helpline.
The Development Bank of Wales helps Welsh businesses get the finance they need to start up, strengthen and grow. It provides loans from £1,000 up to £10m as well as mezzanine, and equity funding. It also helps businesses find the right finance partner to leverage private finance with its own gap finance when necessary.