Agents’ summary of business conditions – 2021 Q2

This publication summarises intelligence gathered by the Bank’s Agents between mid-April and early June. The Agents’ scores published alongside this document are based on information gathered between mid-April and late May, and they generally represent activity over the past three months compared with a year ago. During the early stages of the pandemic in 2020, economic activity fell at an unprecedented pace, reflected in some Agents’ scores moving to the low extremes of their range, where scores can be consistent with a wide range of quantitative outcomes. More recently, economic activity has recovered as social distancing restrictions have been lifted. Because most of the Agents’ scores compare the past three […]

“Helping Guests and Visitors to Stay Safer in the Outdoors – Ask the Experts”

Next week – a chance to join an online session specifically for industry partners: “Helping Guests and Visitors to Stay Safer in the Outdoors – Ask the Experts” On Thursday, 1 July at 2pm Visit Wales will be hosting an hour long free online session in advance of the summer holiday period. Businesses will have the opportunity to hear from the RNLI and Adventure Smart – speakers will also take questions at a Q&A panel. To join please book your place by 3pm, Tuesday 29 June. Places will be allocated on a first come first served basis and all attendees will receive follow up materials after the session.

Business Wales Town Centre Entrepreneurship Fund

The Welsh Government has launched the Town Centre Entrepreneurship Fund as a pilot programme to provide financial assistance for entrepreneurs and businesses who are looking to start and grow a business in one of four town centres across North Wales – Bangor, Colwyn Bay, Rhyl and Wrexham.  This fund will be available as a discretionary grant of between £2,500 – £10,000 per business to support with the revenue costs associated with starting up in or relocating to a town centre.  In order to access the fund, you must submit an Expression of Interest form (available to download below) and register with Business Wales. You will then be assigned a dedicated Business Adviser […]

Guidance for holding weddings and civil partnerships: receptions and celebration events

Guidance for holding weddings and civil partnerships: receptions and celebration events in Wales has been updated following the change announced to the number of people who can attend a wedding or civil partnership reception or wake, can be determined by the size of the venue and a risk assessment.

COVID-19: Furlough (CJRS) is changing from July

Coronavirus Job Retention Scheme (CJRS) funding will reduce to 70% of employees’ usual wages for the hours not worked, up to £2,187.50 during July 2021 (currently 80% / £2,500). In August and September, this will reduce to 60% of employees’ usual wages up to a cap of £1,875. For more information, go to:

Right to Work Guidance Updated

The Home Office has updated the Right to Work Guidance for employers which relates to the need for employers to check the status of non-uk nationals to make sure that they are legally able to work in the UK. As a result of the government’s announcement on 14 June 2021 to extend the date for the easing of lockdown restrictions and social distancing measures, the temporary COVID-19 adjusted right to work checks will now end on 31 August 2021. From 1 September 2021, employers will revert to face-to-face and physical document checks as set out in legislation and guidance. This will ensure employers have sufficient notice to put measures in […]

New smoke-free requirements are coming on 1 March 2022

The Welsh Government introduced new smoking legislation in Wales on 1 March 2021.  For the tourism industry, the new laws mean that the current exemption to the smoking ban which enables smoking to take place in self-contained holiday and temporary accommodation as well as in designated smoking bedrooms in hotels, guesthouses etc. will end on 1 March 2022. The measures, designed to denormalise smoking and protect more people from the dangers of second-hand smoke, mean that from 1 March 2022, it will be against the law to smoke in these areas and fines could be issued.  All types of self-contained accommodation will be covered by the new smoke-free requirements such […]