Part of 1. Questions to the First Minister – in the Senedd at 2:03 pm on 4 December 2018.
Well, we agree that business rates are one of the main levers that you can use as a Government to make sure that SMEs take their rightful place. We have a series of made-in-Wales schemes for that, which are very generous. And I don't think that one size fits all, so what we need to do is look in Wales, as I say, at a place-based approach, and we need to give local authorities the discretion to ensure that the rateable regime in their area fits the place that they're looking at. So, for example, what might be okay in the centre of Cardiff or Swansea will certainly not be okay in Taff Vale or Pontypridd, just to use two examples. And so, I'm very keen that we look to see what discretion we can have in the rates system in order to build the place-based approach that we know works.