Support for Businesses

Part of 1. Questions to the Minister for Economy – in the Senedd at 1:34 pm on 14 December 2022.

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Photo of Sioned Williams Sioned Williams Plaid Cymru 1:34, 14 December 2022

Diolch, Weinidog. The cost-of-living crisis, high inflation and rising energy costs in particular all pose huge threats to businesses in the hospitality sector especially—a sector that employs 200,000 people in Wales. And while I welcome the inclusion of more support on business rates in Welsh Government's draft budget yesterday, albeit with the caveat that perhaps support could be more flexible and targeted, there's certainly more that could be done here by Welsh Government to help businesses survive this cost-of-doing-business crisis, particularly energy-intensive businesses in the hospitality sector, such as restaurants and independent breweries. The owner of one restaurant in my region, Ristorante Vecchio in Bridgend, recently shared how their energy bill was now at £8,000 a month. So, Minister, what is Welsh Government doing to help businesses invest in energy efficiency and green energy in order to reduce their costs and help lower the carbon emissions of our businesses at the same time?