Doing business just became more expensive for thousands of Welsh companies

Doing business just became more expensive for thousands of Welsh companies

From this month, thousands of businesses in Wales are facing a rise in their rates bills. Retail, leisure and hospitality firms in Wales have been enjoying rates relief of 75% or more since the pandemic began - at one point, this was a better offer than what was available in England. However, from April 1, this has changed with the rates relief being cut to 40%. This means that most shops, restaurants and tourist attractions will now have to pay …