Written question WQ84146

Asked by: James EvansConservativeMember for Brecon and Radnorshire
To be answered by: Minister for Economy
Tabled: 7 January 2022
Due: 14 January 2022
Answered: 19 January 2022
Time to answer: 12 days5 days after the due date

Question

What is the Welsh Government doing to improve the package of financial support available to businesses affected by the coronavirus pandemic?

Answer

Answered by Minister for Economy

We recognise this is a very uncertain period for businesses and are doing everything we can to support them. Since the start of the pandemic, the Welsh Government has pulled every lever possible to back Welsh businesses.

Following discussions with partners and trade unions, we have amended the eligibility criteria for the level of reduced turnover for the Economic Resilience Fund (ERF) and increased the Emergency Business Fund grant award for qualifying sole traders, freelancers and taxi drivers who do not pay rates.

Further information is available in my Written Statement: https://gov.wales/written-statement-emergency-covid-financial-support-changes-erf-eligibility-criteria-and-sole

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