Caerphilly Observer
Member Sign in Manage Membership
Become a Member - no ads
Menu
  • News
    • Senedd
    • Business
    • Newport
    • Opinion
  • Sport
    • Rugby union
    • Football
  • Membership & Subscriptions
  • Notices
  • Advertise
  • About
  • Sponsored Content
Menu

£120m support package for businesses affected by Covid restrictions

Business, News | Rhys Williams | Published: 10:09, Thursday December 23rd, 2021.
Last updated: 19:04, Wednesday October 18th, 2023
Welsh Health Minister Vaughan Gething at a Welsh Government daily briefing
Welsh Economy Minister Vaughan Gething has announced details of a new £120 business support package

Details of a £120m support package for businesses impacted by new Covid restrictions have been announced by the Welsh Government.

On Wednesday, December 22, First Minister Mark Drakeford confirmed Wales would return to Alert Level Two restrictions from Boxing Day.

The £120m package will be made available to businesses in the retail, hospitality, leisure and tourism sectors affected by the restrictions, as well as their supply chains.

Businesses in these sectors which pay Non Domestic Rates will be entitled to a payment of £2,000, £4,000 or £6,000, depending on their rateable value.

To be able to claim the payment, businesses will need to re-register their details online through their local authority, from the week beginning January 10.

Businesses will also be able to apply for top up funding from a new Economic Resilience Fund, with eligible businesses able to apply for grants of between £2,500 and £25,000. The application window for this fund will open on the week beginning January 17.


Sign-up to our daily newsletter


Meanwhile, a discretionary fund will be administered by local authorities across Wales for businesses and sole traders who don’t pay rates. The fund will be able to provide £500 to sole traders and freelancers, with £2,000 available for businesses in affected sectors.

The Welsh Government confirmed an ‘eligibility checker’ will be launched on the Business Wales website in the New Year to help businesses work out how much they’re entitled to claim.

The funding replaces the £35m Business Support Fund announced by the Welsh Government in November.

Wales’ Economy Minister, Vaughan Gething, described the Omicron spread as a “very serious situation” and said early action was needed to control its spread.

“We will continue to monitor the impact of the spread of Omicron on businesses in Wales, and will consider whether additional emergency funding is needed in the New Year,” he said.

“Since the start of the pandemic, we’ve provided over £2.2bn of support to businesses throughout Wales to help them manage their way through difficult circumstances.”

Support quality, independent, local journalism…that matters

From just £1 a month you can help fund our work – and use our website without adverts.

Become a member today

Welsh Government

Latest News

  • Campaigners voice concerns over affordable homes plan at farmThursday, October 2, 2025
  • Ed and Angela Crabtree with Cllr Jamie Pritchard, centre
    Old Library community coffee shop celebrating ten years in businessThursday, October 2, 2025
  • Wales ‘lacks powers’ for child poverty payment, ministers claimThursday, October 2, 2025
  • Conservative MS Samuel Kurtz
    Tories propose tax cuts as Labour derides ‘unfunded’ £669m costThursday, October 2, 2025
  • South Wales East Senedd Member Delyth Jewell, who represents Plaid Cymru
    ‘These workers earned this money. They deserve to have it repaid with urgency’Thursday, October 2, 2025
  • A Eurasian beaver
    Ministers eager to protect ‘eco-engineer’ beaversThursday, October 2, 2025

Find out how the communities of Caerphilly County Borough get their names

Caerphilly

Legal & Public Notices

  • Caerphilly County Borough Council public noticesThursday, October 2, 2025
  • Notice of application for a premises licence: Hanbury Road, BargoedThursday, September 25, 2025
  • Notice of application for a variation of a premises licence: Pontygwindy Industrial EstateThursday, September 18, 2025
  • Caerphilly County Borough Council public noticesThursday, September 18, 2025
© 2009-2024 Caerphilly Media Ltd, Caerphilly Miners Centre for the Community Watford Road Caerphilly, CF83 1BJ. Incorporated in Wales No. 07604006.