Support small businesses in Wales

Welsh Conservatives call for Small Business Charter to boost the smallest firms

 

Welsh Conservatives are calling for a Small Business Charter to support Wales’ smallest firms.

 

Shadow Economy Secretary, Russell George, is urging the Welsh Government to deliver the tax cut they promised small firms during the Assembly elections, and to take steps to help small firms access public procurement contracts.

 

The Welsh Conservatives are today calling on the Labour Government to implement a small business charter to support the lifeblood of the Welsh economy:

 

  • Abolish business rates for all small businesses and taper relief on rateable values between £12,000 to £15,000
  • Guarantee and prioritise better access to the public procurement process for small business in Wales
  • Deliver universal super-fast broadband and mobile coverage across Wales by 2019
  • Devolve key economic levers to local communities and ensure easier access to finance
  • Promote free town centre parking

 

Shadow Economy Secretary, Russell George, said:

 

“Small Business Saturday is a wonderful opportunity to champion the key role played by small Welsh firms, and that’s why we are calling on the Welsh Labour Government to take steps to support them.

 

“Businesses have been hammered by Labour’s business rate betrayal, and many will have woken up this morning wondering what happened to the tax cuts they were promised in May.

 

“The Welsh Government has an opportunity to put things right, and our Small Business Charter contains a number of practical measures to boost SMEs and improve footfall on our beleaguered high streets.

 

“Whilst Small Business Saturday should be about celebration, we also need to reflect on the current climate for small Welsh firms.

 

“The impact of the recent rate revaluations has been devastating for many small Welsh firms, and it’s clear that many could go bust without additional support.

 

“The Welsh Labour Government has to play its part, clearly, but we can also do our bit to support small firms by shopping locally this weekend”.

 

The Leader of the Welsh Conservatives, Andrew RT Davies, said:

 

“As the Party of small businesses, Welsh Conservatives have long highlighted the key role they play in the Welsh economy and that’s why we continue to press the Welsh Labour Government to take steps to better support them.

 

“Small and medium sized businesses make up 99% of all Welsh firms and if every one were to take on a single additional employee, unemployment in Wales could be wiped out overnight.

 

“In contrast to the UK Government, who have put small businesses at the very top of their agenda, we are hugely concerned about Labour’s failure to establish a level playing field for small businesses in Wales.”