What action will the Welsh Government take to address any inequalities in the business rates system and prevent more long-established small businesses from being forced to close in the future, following the announced closures of the long-established Bonmarché Haberdashery and J and J Interiors businesses in Llandrindod Wells?
Member Interest Detail
I used to own a small retail business, Young's of Brecon, which has now closed.
Answered by Cabinet Minister for Finance | Answered on 29/09/2026
The Welsh Government is delivering our commitment to rebalance the non-domestic rates system to better support high street businesses in hospitality, leisure and retail, as set out in my oral statement on 15 September. In addition, over half of properties in the tax-base will continue to attract Small Business Rates Relief on a permanent basis.