1. Questions to the Minister for Economy, Transport and North Wales – in the Senedd on 3 March 2021.
7. What economic support has the Welsh Government given to Newport city centre during the COVID-19 pandemic? OQ56372
I'm pleased to say that Newport City Council has been allocated around £7 million in grant and loan funding in support of its Transforming Towns programme. These projects include £1.2 million towards a £2.9 million project to improve the city centre's Market Arcade.
Thank you for that answer, Minister. Over the last few months, we have heard of big high street brands going into administration across the UK, and the restrictions, social distancing and working from home have had a huge impact on our city centres. The pandemic has already hit our struggling city centres hard, and it will permanently change how we see them. We have to think differently about how we support and develop them to attract footfall. I've been pleased to see the exciting plans in Newport of a knowledge quarter, involving Coleg Gwent coming into the city centre, a brand-new leisure centre and the redevelopment of the market, as you've mentioned. We'll need to ensure our city centres are safe places where people can work, live and shop, a place where people will want to spend time. How are the Welsh Government planning to continue to help and support our city centres as we recover, and what further support can Welsh Government provide to our retail, hospitality and leisure businesses on the high street, including those independent businesses, so that they can thrive and be at the heart of our recovery plan for our city centres?
I thank Jayne Bryant for her question today and for being so consistent and so passionate in promoting Newport. I think there is great excitement in and around Newport about the city's prospects in the years to come, and we're working to make sure that we work in partnership with the local authority in delivering on some of those hugely ambitious schemes that Jayne has identified. In addition, I can inform Members that Welsh Government is currently developing a potential retail strategy that will address the swift transition towards digital retail and also the immediate impact of coronavirus on our high streets. We'll be working with the Welsh Retail Consortium in developing that strategy, and we'll also be working alongside trade union colleagues in social partnership to ensure that as many people as possible can be retained within the sector, even if it means upskilling or reskilling in order to take on new opportunities.
We've also published the economic resilience and reconstruction mission, and within that mission, there are five beacons. One of those beacons really does address concerns that Jayne Bryant has identified today, the future of the high street. It's that foundation of our economy that needs to be strengthened, and that will be a key beacon in enhancing prospects for town and city centres in the years to come.
The 'town centre first' approach, which has been so strongly embraced by local authorities, businesses and by business improvement districts across Wales will continue, and additional investment has been announced for the Transforming Towns initiative. And then there are also the business development grants that formed part of a previous round of the economic resilience fund and which are proving so important in ensuring that businesses within the retail sector and within hospitality and tourism are able to look to medium and long-term opportunities, not just deal with the here and now. And in the meantime, in the here and now, we've announced, of course, an additional £30 million for that sector-specific fund, which will prove so important to businesses in retail, in hospitality, in leisure and tourism, within Newport and, indeed, across Wales.