Business
Welsh people fear small businesses most at risk from Autumn Budget tax rises
Public want energy and food costs tackled as uncertainty grows
WELSH adults believe small businesses would be hardest hit if the Chancellor raises taxes in this week’s Autumn Budget, according to new polling.
The research, commissioned by Novuna Business Finance and carried out a week before the Budget, asked a nationally representative sample of 2,000 consumers about the measures they most expect and fear.
Lower energy bills (76%), a cheaper weekly food shop (68%) and lower taxes (33%) topped the list of outcomes that Welsh households said would be most welcome. But alongside this, many expressed concern about the future of small businesses in their communities.
Small firms, high streets and hospitality highlighted
Asked which parts of the economy would be most at risk if taxes increase, 58% of Welsh respondents selected small businesses. High street shops followed on 52%, with 49% concerned about pubs and restaurants. Farmers (45%), self-employed workers (41%), and music venues (18%) were also seen as vulnerable.
The poll also asked which sectors the Government should prioritise with investment. UK manufacturing came top (35%), followed by hospitality (31%), agriculture (28%) and retail (27%).
These findings form part of Novuna’s new insight report, Christmas trading and the Autumn Budget, which examines trading conditions and confidence among small firms at the end of 2025.
Business owners braced for impact
A separate Q4 study of 1,000 small business owners found 86% fear the Autumn Budget could negatively affect their growth plans. Many remain concerned about further rises to National Insurance (59%), while half worry about potential increases to VAT or income tax.
Fuel duty increases were cited by 37%, with a similar proportion anxious about potential new taxes on diesel and petrol vehicles. Around a third (34%) expressed concern about reported discussions over pension changes.
The research comes as confidence hits a five-year low, with just 25% of small firms forecasting growth in the final quarter of 2025 – down from 35% at the same point last year.
‘Small businesses need a Budget for Business’
Joanna Morris, Head of Insight at Novuna Business Finance, said:
“The broad-based public support for UK small businesses shows how vital they are to communities – from job creation to economic growth and local projects.
“The last four quarters have seen consecutive falls in confidence and our new research suggests small businesses cannot keep absorbing rising costs. With 5.7 million SMEs in the UK, they are the engine room of growth and innovation. We all need to support them so we can lay the foundations for business success into 2026.”
Business
The Town Crier Pub, Tenby, expansion plans submitted
PLANS to expand the facilities offered by a Pembrokeshire seaside town pub, which was once a toyshop, have been submitted to the national park.
In an application to Pembrokeshire Coast National Park, The Old Town Crier Pub Ltd, through agent Argent Architects, seeks permission for the installation of a retractable canopy to The Town Crier Pub, 3-4 Upper Frog Street, Tenby’s rear courtyard.
A supporting statement says the scheme for the pub, in Tenby town centre, with a rear boundary on the town’s Grade-I-listed 13th century town wall, “makes a positive contribution to the site, adding an elegant structure, which remains sensitive to the host building and the historic town wall”.
It adds: “The solution is practical and efficient and will enhance the enjoyment of the site.”
A heritage statement accompanying the application says the walls date to the 13th century, replacing earlier wood and earth fortifications, with “significant raising and thickening ordered by Jasper Tudor in 1457 and repairs in 1588 (due to the threat of the Spanish Armada),” visible in the masonry. Different building techniques and materials for different eras can be observed in the wall’s structure.
It says they “were initially built in the 13th century by the Earls of Pembroke, likely in response to the town being sacked by the Welsh prince Llywelyn ap Gruffydd in 1260”.
The application adds: “The proposals are limited to the private realm of the premises’ courtyard, and do not touch the town wall. The experience of the town wall from the public realm will remain unchanged. There is no perceived impact on the historic town wall arising from the proposals.”
The application will be considered by park planners at a later date.
The pub opened in July 2024 and since then, Tripadviser reviews have thanked the business for serving a range of drinks, being dog-friendly and having helpful staff.
The Upper Frog Street site of the Town Crier was formerly the Clarice Toys toy and novelty shop, and is called the Town Crier in tribute to the late John ‘Yobbler’ Thomas, a former proprietor of the shop and a former town crier of Tenby.
John Thomas served as Tenby’s town crier for more than 30 years, and was responsible for bringing four national crier contests to Tenby.
John and wife Caroline, who would become a councillor and serve as mayor in the town, set up Clarice Toys in Tenby’s Upper Frog Street after their marriage in 1961, with the business being later run by their son and daughter, Ian and Kerri.
Business
Adventure hub plans at Moylegrove, Pembrokeshire, withdrawn
PLANS for an adventure tourism hub in north Pembrokeshire, ruled by a high court judge to have been granted unlawfully following a legal challenge, expected to be reheard this year, have now been withdrawn.
Back in 2024, Pembrokeshire Coast National Park’s development management committee approved an application by Adventure Beyond Ltd for an outdoor adventure centre, and associated works at The Old Bus Depot, Moylegrove.
The application had been before multiple meetings of Pembrokeshire Coast National Park’s development management committee; the plot originally used as a bus depot by the founder of the Richards Bros bus company.
Concerns were raised about the scheme, including by local community council Nevern, and opponents feared that increased business for adventure firms will worsen the plight of birds and animals including seals.
Following that approval, a high court challenge was brought by Wild Justice, who claimed the scheme would see nesting birds and breeding seals disturbed by ‘noisy’ coasteers.
But Jet Moore, of Adventure Beyond, insisted that the company had been ‘key’ in developing codes of conduct to ensure wildlife safety.
In September Hon Mr Justice Eyre ruled the National Park Authority’s decision was unlawful as a position statement and 2024 survey of breeding birds published by Natural Resources Wales had not been made available beforehand.
The judge also agreed that the management committee had not been properly informed about the impact of the development on the Aberath-Carreg Wylan SSSI, including the potential for coasteering activities to disturb the chough, for which the SSSI is designated.
On that basis planning permission was quashed and the application will need to be re-determined if the development is to go ahead.
Ceibwr Bay forms part of the Cardigan Bay Special Area of Conservation (SAC), the Pembrokeshire Marine SAC, the West Wales Marine SAC and a Site of Special Scientific Interest (SSSI) and is home to nesting razorbill, guillemot, fulmar, herring gull, chough and kestrel.
Nearby sea caves are recognised pupping areas for grey seals and otters frequent the bay.
Wild Justice argued that an adventure centre would increase recreational activity, such as coasteering and kayaking.
Giving his reaction, Mr Moore claimed objectors had ‘caused more disturbance [to nesting birds] than we ever have’.
At the October meeting of the national park’s development management committee, members heard resubmitted plans were expected.
The national park has now confirmed the resubmitted application has now been withdrawn by the applicant.
“As a result of this withdrawal, the Authority will take no further action on the application, and it will not proceed to determination. The case file will be updated accordingly, and the application will not be considered by the Development Management Committee.
“The applicant has indicated that they may choose to submit a new or alternative application for the site in the future, which would incorporate the existing building.
“Any such submission would be treated as a separate application and would be processed in the normal way. If a new application is received, relevant parties will be notified and given the opportunity to comment.”
Business
Former Crymych village shop could be turned into housing
A CALL to convert a financially unviable disused shop on the edge of Crymych to residential accommodation, which could provide a low-cost home, has been submitted to county planners.
In an application to Pembrokeshire County Council, Clare Griffiths, through agent Josh Macrae, seeks a change of use of a disused shop with ancillary accommodation above, at Ty Ebrill, Clares Shop, on the edge of the village, to an ancillary accommodation unit.
A supporting statement says: “Siop Clare is a mixed-use building in the curtilage of the main dwelling on the site, Ty Ebril, it comprises a small flat above a disused shop below. The flat, constructed in 2007, is comprised of a single modestly sized living space and bedroom area, with a bathroom; the flat is accessed by a set of stairs to the rear of the building. Since its construction the flat has been used as ancillary accommodation for family members of the owners of Ty Ebrill.
“The disused retail premises below is comprised of an open plan shop area with a conservatory attached, the conservatory was previously used as a flower preparation area.
“The shop was in use for a number of decades; it was operated by the current owner since 2003 and was previously an antiques shop, but has been disused since it was closed 2019 as it was no longer financially viable and the owner had changed career. Due to the shop being located within the curtilage of the main dwelling it has not considered suitable for the shop to be leased to another party.”
It adds: “The change of use will require a minimal amount of work to covert the disused shop and modestly sized flat into a small dwelling. The dwelling would be suitable for single occupancy, a small household, or as continued ancillary accommodation for the main dwelling, this would create the opportunity for multi-generational living on the site should the owner sell Ty Ebrill.
“As there is a high demand for housing in the Pembrokeshire area it is felt that the proposal would be suitable and would allow the building to become a viable dwelling, creating a potentially low-cost home in the area.”
The application will be considered by county planners at a later date.
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