Business
Welsh Conservatives call to reverse business rates relief rebuffed by Senedd
THE SENEDD rebuffed calls for the Welsh Government to reverse plans to slash business rates relief for the retail, hospitality and leisure sectors.
Peter Fox led a Conservative debate, raising concerns about business rates relief falling from 75% to 40% under Welsh ministers’ draft 2024-25 spending plans,
The Monmouth MS urged the Welsh Government to use money from Westminster to support businesses and protect jobs by keeping the 75% rate.
Mr Fox warned that businesses in Wales will pay almost twice as much in non-domestic rates than if they were based in England.
The former leader of Monmouthshire County Council told the chamber it is vital Welsh businesses are not penalised and disadvantaged.
He said: “For years, businesses in Wales have been disadvantaged by the highest business rates in Great Britain, with both small and large businesses paying the same rate – both of which are higher than the rate that small businesses pay in both England and Scotland.”
Luke Fletcher, for Plaid Cymru, urged ministers to move away from non-domestic rates, saying the system simply does not work and has not moved with the times.
He called for greater flexibility to ensure, for example, that out-of-town shopping centres and supermarkets pay more into the system.
The South Wales West MS also raised concerns about an imbalance between brick-and-mortar businesses and those that operate online.
Janet Finch-Saunders quoted Kate Nicholls, the chief executive of UKHospitality, as saying the trade body is seeing a 10% higher business failure rate in Wales.
The Conservative MS for Aberconwy accused Labour and Plaid Cymru of being “busy brainstorming novel ways to bankrupt our businesses”.
She said: “This represents nothing more than gross negligence, a shambles of a budget that is a death sentence to many businesses.“
Hefin David, a Labour backbencher who represents Caerphilly, highlighted the wider context of 14 years of austerity and soaring inflation.
He criticised UK Government tax cuts at a time when public services are “on their knees”, highlighting the International Monetary Fund’s call for a spending boost.
Dr David said the Welsh Government is prioritising the NHS, social care and schools: “The only way you can have functioning public services – I don’t even mean world-class or good public services, but functioning public services – is if those budgets are protected.”
Rebecca Evans, Wales’ finance minister, said business rates raise £1.1bn a year – a non-trivial contribution to the funding required to sustain public services.
She said the Welsh Government has had to make difficult decisions to refocus funding towards core front-line services but still provides £384m in rates support.
Ms Evans pointed to ministers’ decision to cap inflation of the multiplier at 5% next year, adding an additional £18m recurring cost to the Welsh budget.
She told the Senedd: “We’re also investing £78m to provide that fifth successive year of rate relief for retail, leisure and hospitality businesses in 2024-25.
“And let’s remember that that was always a temporary scheme.”
Ms Evans said the Welsh Government continues to explore the idea of land value tax as a possible long-term replacement for non-domestic rates.
The Tory motion was voted down, 14-36, following the debate on January 31. While Plaid Cymru and Welsh Government amendments were agreed, the motion as amended was not.
Business
Ferry Terminal ‘extremely busy’ due to ongoing Holyhead closure
PEMBROKE DOCK Ferry Terminal has been experiencing significant congestion today as ferry services remain under immense pressure following the closure of Holyhead Port earlier this month.
The disruption, caused by storm damage, has rerouted ferry traffic through Pembrokeshire, leading to long queues and crowded facilities at the terminal.
The Herald can confirm that it has been very busy today with cars, lorries, and foot passengers queuing in large numbers. Staff are working tirelessly to manage the influx, directing vehicles and assisting passengers as they prepare to board the heavily booked ferries.
A spokesperson for the Port of Milford Haven said: “We are working closely with ferry operators and local authorities to ensure traffic flows as smoothly as possible, but the sheer volume of vehicles is causing unavoidable delays.”
Travelers are being urged to arrive early for their sailings and to remain patient as the terminal operates at full capacity.
Both Stena Line and Irish Ferries have increased capacity on their Pembrokeshire routes, deploying larger vessels, including the Stena Adventurer and the MV James Joyce, to handle the surge in demand.
From our position at the terminal, our photographer has captured photos showing long lines of vehicles, groups of foot passengers carrying luggage, and port staff coordinating efforts to ease congestion.
Authorities are advising non-essential travelers to consider rescheduling their journeys where possible and to monitor updates from ferry operators closely.
(Photos: Martin Cavaney/Herald)
Business
52 homes to be built in Roch as scheme gets final sign-off
THE FINAL stage of approval for a near-£10m Pembrokeshire residential development of 52 homes has been given the go-ahead.
Back in April, members of Pembrokeshire County Council’s planning committee backed an application by Wakefield Pembrokeshire Ltd for the development, which includes four one-bed affordable housing units, on land near Pilgrims Way, Roch.
18 objections to the scheme were received, raising concerns including an “inadequate” affordable housing level, it being a high density development for a rural area, a loss of green space, the size of some of the homes, and pressures on existing services and facilities, and fears it may lead to an increase in second homes.
Nolton & Roch Community Land Trust (N&RCLT) has raised its concerns about a lack of affordable homes at the development, calling for a 20 per cent affordable homes element, as recommended by policy.
An officer report for members, recommending conditional approval, said: “It is apparent that the proposed development is not fully policy compliant, insofar as it cannot deliver the indicative 20 per cent affordable housing sought [by policy].
“However, a substantial positive social impact will arise through the provision of housing, including four one-bed affordable housing units, in meeting identified needs for both market and affordable housing.
“Financial obligations identified to mitigate adverse impacts arising from the proposed development cannot be met in full. However, [policy] acknowledges that in such circumstances contributions may be prioritised on the basis of the individual circumstances of each case.”
Speaking at the meeting, agent Gethin Beynon said the project had a “significant economic value” of around £10m, and the local applicant had “a sense of stewardship to the local community,” offering affordable housing and community infrastructure towards highways and education.
Approval was delegated to the council’s head of planning to approve the application, subject to the completion of a Section 106 planning obligation, making community financial contributions.
The Section 106 agreement was recently agreed, with the application now formally approved.
Business
World of engineering and welding SPARCs interest in Ysgol Harri Tudur’s female learners
AN EVENT hosted by Ledwood Engineering gave girls from Year 8 and 9 at Ysgol Harri Tudur first-hand experience of the world of engineering recently.
Engineering is a booming sector in Pembrokeshire with a high demand for skilled workers in exciting career pathways associated with the development of low carbon and renewable energy industry and the Celtic Freeport.
The young women heard from industry experts on the importance of engineering in Pembrokeshire, and had hands on experience using a welding simulator, at the company’s Pembroke Dock site.
The learners are part of the County’s SPARC (Sustainable Power and Renewable Construction) initiative aimed as inspiring and empowering young females to consider careers in science, technology, engineering and mathematics (STEM) pathways where females are under-represented in the workforce.
SPARC is funded through an alliance comprising Blue Gem Wind, Ledwood Engineering, Port of Milford Haven, RWE Renewables, Pembrokeshire County Council, Pembrokeshire College and the Swansea Bay City Deal.
Mrs Laura Buckingham, SPARC practitioner at Ysgol Harri Tudur said: “Our learners had a fantastic experience at Ledwood Engineering. They were given lots of advice by industry experts on the different career options and pathways within the engineering sector.
“They appreciated the opportunity to ask their questions and found the session very informative. Having the chance to trial their welding skills on the simulator was an experience they continue to talk about and has definitely piqued their interest.”
Poppy Sawyer, Year 8 SPARC learner added: ‘It was a really good trip. Talking to the different people there has helped me know more about the jobs we could get which will be very useful when making choices for my future.”
“They helped us a lot by giving us lots of information. We were able to look around and try welding. It was really fun,” added Tianna Marshall, Year 8 SPARC learner.
The Regional Learning and Skills Partnership also launched its Explore Engineering interactive website at the event.
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