The Economic Resilience Fund

Part of 1. Questions to the Minister for Economy – in the Senedd at 1:41 pm on 19 January 2022.

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Photo of Sam Rowlands Sam Rowlands Conservative 1:41, 19 January 2022

Thank you to the Member for submitting this important question as well. Minister, because of the further restrictions over Christmas and into the new year, the announcement of further financial support from the economic resilience fund is of course welcome for those businesses. However, because of the level and length of these most recent restrictions, for many it is simply not enough. An example of this is from the Night Time Industries Association, who've estimated that, on average, their members have lost around £45,000 over the festive period and into the new year. So, Minister, are those businesses lying when they say that support that they're likely to receive from the Welsh Government is not enough to cover their losses?