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Welsh Government announce latest COVID-19 restrictions and support

COVID-19 restrictions

Welsh Government has announced a set of new targeted restrictions in the hospitality and leisure sectors, together with a £340m support package.

From Friday, pubs, bars, restaurants and cafes will have to close by 6pm and will not be allowed to serve alcohol. After 6pm they will only be able to provide takeaway services. Indoor entertainment and visitor attractions must also close.

The Welsh Government is making a further £340m available through the Economic Resilience Fund to support businesses affected by the new measures. It will include a specific fund to support hospitality and tourism businesses. The new Welsh Government support is split into two funds: a £160m Restrictions Business Fund and a £180m sector-specific Economic Resilience Fund grant scheme.

The Restrictions Business Fund will enable eligible businesses in the hospitality, tourism and leisure sectors which pay non-domestic rates (NDR) to access grants of up to £5,000.

Businesses not on the NDR system will be able to continue to apply to local authorities for the Lockdown Discretionary Grant of up to £2,000. In addition, hospitality, tourism and leisure businesses will be able to access a sector specific Economic Resilience Fund grant scheme.

Small and medium sized businesses meeting the criteria could receive up to £100k. Larger Welsh-based businesses could receive up to a maximum of £150k.

For more information, please read the full press release

If you need any specialist advice from our team of legal experts about the impact of COVID-19 on your business, please email commercial@loosemores.co.uk or call us on 02920 224433. Please contact Senior Partner, Mark Loosemore, or Partner, Siôn Tudur to find out more.

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