The Visitor Economy in North Wales

Part of 1. Questions to the Minister for Economy and Transport and North Wales – in the Senedd at 2:14 pm on 7 October 2020.

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Photo of Ken Skates Ken Skates Labour 2:14, 7 October 2020

Can I thank the Member for his question and assure the Member that the measures are proportionate? As I've already said, they're designed to ensure that the period in which restrictions apply is minimised, taking action early, limiting the amount of time that we have to apply those restrictions. On Monday, I met with members of the north Wales business council, including key representatives of the tourism and hospitality sectors, and outlined the reasons why restrictions are necessary in parts of north Wales.

I must highlight, once again—and I've been at pains to do this—that when the IMT met last week, it did so in partnership and agreed that the restrictions had to be introduced. That is a partnership of local government leaders, health experts and the police. We are, I can assure the Member, extremely concerned about the viability of businesses in the tourism and hospitality sector, which is so important to north Wales, and that is why we have delivered the most generous and comprehensive package of support for businesses in those sectors anywhere in the United Kingdom. As a result of that support, more than 1,200 micro and SMEs in the tourism and hospitality sectors, in north Wales alone, have been awarded funding through the economic resilience fund, and that's in addition to the many businesses that have secured funding through the development bank.

It's worth just highlighting today as well, if I may say so, Llywydd, that the development bank has been extraordinary in administering its support for businesses in Wales. I can tell Members today that it has administered 1,335 COVID-related business loans; that compares to every single high-street bank—every single high-street bank—having administered, on behalf of the UK Government, just 1,391. So, our development bank in Wales has administered and provided support to almost as many businesses as every single high-street bank, through the coronavirus business interruption loan scheme programme. That's a phenomenal achievement. We should be very proud of the Development Bank of Wales.