04/16/2024

Wales News Online

Local & National News for Wales

Plaid slam closure of applications for business support

RESPONDING to the news that a £100m business loan scheme to help companies hit by the coronavirus pandemic is fully subscribed after just one week, shadow minister for the economy Helen Mary Jones AM said,

“This is terrible news for businesses up and down Wales. Hundreds of businesses have been contacting us struggling with cash flow – this scheme was their way out.

“It’s not good enough for Ken Skates to say this was the ‘right product at the right time’. Businesses are in limbo and people are at the risk of losing everything.

“The Welsh Government need to say now what they’re going to do to help the hundreds of businesses still struggling and waiting for much needed support.

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