Wales politics

Business rate relief to continue with £35m pledge

To Let signs
Image caption Business rate relief is seen by some campaigners as a way to boost high street trade

Rate relief for Welsh firms will continue following a £35m pledge by the Welsh government.

Finance Minister Jane Hutt said helping small businesses "continues to be important" with increases in bills to be capped again at 2%.

The Federation of Small Businesses Wales welcomed the news.

However a spokesman called for "much wider reform" to help firms when control of non-domestic rates passes to Wales in April.

The money is coming to Wales as a result of the UK government's Autumn Statement.

Ms Hutt also announced an extra £8.4m for education and skills, and confirmed the extra £70m for health in 2015-16 which was announced in December.

Related Topics

More on this story

Related Internet links

The BBC is not responsible for the content of external Internet sites