SMALL businesses in Wales are to receive a package of support worth more than £200million to help them during the coronavirus outbreak.

Retail, leisure and hospitality businesses in Conwy and Denbighshire with a rateable value of £51,000 or less will receive 100 percent business rate relief from the Welsh Government.

Pubs with a rateable value of between £51,000 and £100,000 will also receive support with a £5,000 reduction on their bill

Ann Jones, Vale of Clwyd AM, said: “I’m pleased that the Welsh Government is offering this package of support to businesses as part of their response to the Coronavirus outbreak.

“They are doing everything they can to support businesses to deal with the impact of coronavirus. My advice to all businesses is to use the help and advice that is available.

“Any business affected should contact the Business Wales telephone helpline on 03000 603000. They can help with practical advice - from staffing to financial planning as well as supply chain support.

“The Development Bank of Wales is also available to help – it has equity and loan funding it can make available immediately to small businesses to help them through the cash flow and other challenges they may face in next, difficult, few weeks and months. The Development Bank of Wales can be contacted on 0800 5874140.”

A further £100m will be available for a new grant scheme for small businesses. Further details on this new grant scheme will be confirmed in the coming weeks.