Business

Tourist attractions to close in protest over tourism tax

Published

1 month ago

December 9, 2024

WELSH tourist attractions will shut their doors for a day this week in protest against the Welsh Government’s proposed tourism tax. The Welsh Association of Visitor Attractions (WAVA), which represents over 100 major sites across the country, has announced a coordinated closure on Tuesday, December 10, following an emergency meeting.

Protest against tourism tax plans

The protest targets a proposed visitor levy that could be introduced in 2027. Under the plan, hotel, B&B, and self-catering guests would face a nightly charge of £1.25, with hostels and campsites paying a reduced rate of 75p. Local councils would have the option to implement the tax in their areas.

WAVA has warned the tax could severely damage the tourism sector. The group cited government-commissioned research suggesting the levy could lead to a £40 million loss in revenue and cost over 700 jobs in the industry, even with an estimated 1.6% drop in visitor numbers. Many industry leaders fear the actual impact could be far worse.

Industry leaders voice concerns

Anglesey Sea Zoo described the proposed tax as “one more blow” to an already struggling sector. “Welsh tourism hasn’t recovered since Covid,” she said. “People will go to England rather than pay a tax to holiday in Wales. This tax risks killing tourism.”

The Zoo’s management criticized rising operational costs such as minimum wage increases and VAT rates, which she compared unfavorably to European tourism markets. “Tourism tax works in Europe because they pay 8% VAT, not 20% like us,” she added.

Other WAVA members expressed similar concerns. One attraction owner estimated they would need an additional £25,000 annually to cover wage and national insurance increases. The sector has also reported a 23% drop in overnight visitors last year, with 60% of attractions experiencing fewer visitors than in 2023.

Calls for government action

In a statement, WAVA said: “Welsh tourism is the slowest to recover from Covid compared to other UK regions. All leading experts in Welsh tourism had advised the Welsh Government not to go ahead with a tourism tax.”

Tourism operators hope the closures will send a powerful message to policymakers, highlighting the challenges facing the industry and the potential consequences of the proposed levy.

Highlighting industry struggles

Tuesday’s closures aim to draw attention to the financial and operational pressures facing Welsh attractions. Rising costs, declining visitor numbers, and post-pandemic struggles have left the industry vulnerable, with leaders urging the Welsh Government to rethink the tourism tax and engage more closely with stakeholders.

Experts support the levy

Linda Osti, Senior Lecturer in Tourism Management at Bangor University, said: “The introduction of a visitor levy is a significant step forward for Wales. Drawing on our research, it’s clear that when implemented thoughtfully, such levies can not only enhance the visitor experience but also address some of the environmental and social challenges posed by tourism. Hypothecating the funds for tourism-related projects is particularly important, ensuring that both locals and tourists see tangible benefits.”

Rhys ap Gwilym, Senior Lecturer in Economics at Bangor University, added: “Opponents often argue that a levy could discourage visitors, but our findings suggest otherwise. In many destinations worldwide, tourism taxes have actually contributed to a more sustainable and attractive tourism offering. By carefully considering local nuances, such as including day visitors or tailoring rates seasonally, Wales has a chance to lead the way in innovative tourism management.”

Both experts emphasized the importance of collaboration and flexibility in the levy’s design. They noted that empowering local authorities to manage revenues effectively could ensure the funds are used strategically. “A well-monitored and adaptable levy could act as a model for other regions,” said Dr. Osti. “Regular evaluations will be essential to refine the system and maintain its effectiveness over time.”

Dr. ap Gwilym concluded: “This levy is not just a tax; it’s an investment in Wales’s future as a sustainable and competitive destination. By learning from global best practices and addressing local challenges, we can ensure long-term benefits for communities and the economy alike.”

Business

How to plan financially without sacrificing your usual activities

Published

13 hours ago

January 15, 2025

Staff Writer

Getting on top of your finances can feel daunting, particularly if you have hobbies that you don’t want to sacrifice. The good news is that there are plenty of ways you can save money without having to compromise on your favourite activities.

With that in mind, let’s take a look at a few suggestions that could help you better manage your finances whilst continuing to do the things you enjoy most.

Track your spending

Before making any changes, it’s a good idea to evaluate your current spending. In the age of online banking, regularly checking your bank account couldn’t be easier and doing so can offer you more control over your finances.

Consider going through your current outgoings and finding areas for improvement, such as overspending on groceries or identifying subscriptions you no longer need and cancelling them. You can use tools like budget planners to help track and manage your spending more efficiently.

Use second hand equipment

If your hobbies and interests require equipment, think about purchasing second hand instead of buying brand new. You can use sites such as eBay or Gumtree to find used equipment in good condition. Not only is buying second hand a great way to save money without missing out on the things you need, but it’s also less wasteful and better for the environment!

Make money from your hobby

Plenty of hobbies can be turned into an additional income. If you enjoy creating content online, consider monetising YouTube videos or joining the TikTok creator fund. If your interests involve creating things such as clothes or art, opening a shop on Etsy and selling your pieces is an excellent way to continue pursuing your hobby whilst earning a little extra.

Downsize your hobby

Finally, downsizing your existing hobbies and interests is a great way to reduce the expenses that come with them. If you enjoy exercise, consider working out from home to save money on gym memberships. If you’re learning a new language, utilise free tools and courses.

Alternatively, if gambling is more your scene, think about switching to online gambling. Online gambling sites typically offer more in terms of rewards than traditional brick-and-mortar bookies do. You can utilise sites like AskGamblers who make it easy to find free spin bonuses and sign up offers. Free spins bonuses are a great place to start as a beginner. You can typically use free spins on slot games and still land wins to later withdraw, given you’ve surpassed the wagering requirements.

Saving doesn’t have to be limiting

Cutting back on your spending and saving money doesn’t mean you have to compromise on the things you enjoy. By keeping track of your spending, reducing unnecessary costs, saving on purchases, and even finding ways to make money from the things you enjoy, you can continue to live life to the full whilst improving your finances.

Business

Two Welsh companies feature in the Startups 100 Index 2025

Published

3 days ago

January 13, 2025

Tom Sinclair

RETURNING for its 17th year, Startups.co.uk has unveiled the Startups 100 Index 2025, spotlighting the most promising UK startups. Two Welsh companies, Deploy Tech and PlantSea, have been ranked 47th and 60th, respectively, in the prestigious list.

The Startups 100 Index is the UK’s longest-running showcase of innovative young businesses. It highlights startups demonstrating groundbreaking ideas, strong financials, market opportunity, and a loyal customer base. Previous alumni include household names such as Monzo and Deliveroo.

Recognising Welsh innovation

Both Welsh startups achieved additional recognition in this year’s awards. Deploy Tech won the Startups 100 Social Impact Award, while PlantSea was shortlisted for the Sustainability Award, solidifying Wales’ reputation for entrepreneurial ingenuity.

To mark the launch of the 2025 Index, Startups.co.uk surveyed 531 business leaders, revealing a surge in Welsh business optimism. Seventy-five percent of Welsh businesses expressed confidence in the year ahead—a significant rise from the 58% reported in 2024.

Championing ideas with impact

47. Deploy Tech
“The IKEA of concrete infrastructure for water storage”

Founders: Paul Mendieta and Beren Kayali
Founded: 2020
Award: Winner of the Startups 100 Social Impact Award 2025

Deploy Tech revolutionises water infrastructure with its flat-packed, concrete-filled fabric solutions. These innovative systems are lightweight, easy to transport, and ideal for disaster relief, construction projects, and emergency responses. Collaborations with UNICEF and Oxfam highlight the global impact of Deploy Tech’s work, including earthquake relief efforts in Turkey.

60. PlantSea
“Tackling the UK’s plastic waste problem with seaweed-based packaging”

Founders: Rhiannon Rees, Alex Newnes, and Gianmarco Sanfratello
Founded: 2020
Award: Shortlisted for the Startups 100 Sustainability Award 2025

Inspired by Bali’s pollution crisis, PlantSea develops biodegradable and compostable packaging made from seaweed and plant-based materials. Backed by the Development Bank of Wales, the company is scaling up its efforts to combat plastic waste globally, driving sustainable packaging innovation.

A message from Startups.co.uk

Zohra Huda, Editor of Startups.co.uk, commented: “Who says you need to be born in the capital to succeed? This year’s Startups 100 Index proves that inspiration, innovation, and ingenuity abound in Wales. Deploy Tech and PlantSea are leading the charge, thriving despite the challenges of the post-COVID era and current economic landscape. Watch out, London.”

About the Startups 100 Index

The Startups 100 Index is based on five key criteria: financial health, external validation, market opportunity, innovativeness, and strength of concept. Businesses featured must have launched in the last five years, be privately owned, and be UK-based. A panel of expert judges selects the winners.

For the full list, visit: Startups 100 Index 2025.

Business

£1.4 million now available for Welsh Marine and Fisheries Scheme

Published

3 days ago

January 13, 2025

Tom Sinclair

MORE than £1 million in funding from the Welsh Government is now open to support the marine, fisheries, and aquaculture industry in Wales. The funding aims to drive sustainable growth in the sector while benefiting coastal communities.

***Deputy First Minister for Climate Change and Rural Affairs, Huw Irranca-Davies***

The £1.4 million funding package includes £700,000 for revenue and £700,000 for capital projects. The application window is open for 10 weeks, closing on 24th March, and encompasses a wide range of eligible activities across 11 categories.

What can the funding be used for?
The scheme supports various initiatives, including:

Expanding aquaculture site potential and upgrading vessel equipment to reduce emissions and boost energy efficiency.
Providing professional advice on marine environment sustainability, business development, and marketing strategies.
Funding optional health and safety equipment for onboard and land-based operations.

In the previous funding round, grants were awarded for projects such as ice machines, ice flakers, weighing scales, cool boxes for fishers, vessel modifications to enhance energy efficiency, and marine evidence gathering initiatives.

Encouragement from Deputy First Minister
Deputy First Minister for Climate Change and Rural Affairs, Huw Irranca-Davies, said: “The Welsh Marine and Fisheries Scheme is designed to create opportunities within the marine environment, coastal communities, and sustainable seafood across the entire supply chain, from production to processing and marketing.

“Our aquaculture, marine, and fisheries sector brings many important benefits. It provides a low-carbon, high-quality protein food source, supports future food security, and creates high-skilled jobs.

“I’d encourage those with an interest to take advantage of the funding to explore opportunities for growth, diversification, and innovation. Let’s use this scheme to build a more prosperous, fairer, and greener Wales.”*

Grant details

Maximum grant per application: £100,000
Minimum grant per application: £500

Support for applicants
Free, independent support is available through the Welsh Fisheries Animateur Pilot project, funded by the Welsh Government in collaboration with the Welsh Fishermen’s Association. For assistance, contact The Fisheries Animateur:

Phone: 01736 362782
Text: 07864 087119
Email: [email protected]

Applicants must be registered with Rural Payments Wales (RPW) Online, where the application and claims process can be accessed.

For more details, including guidance, visit the Welsh Government’s website.