People across Wales will have the chance to become owners of at-risk local pubs, theatres, post offices, sports grounds and corner shops with the launch of the UK Government’s Community Ownership Fund. Voluntary and community organisations can bid for match funding. The Community Ownership Fund is open for Expressions of Interest applications. Once you have passed the EOI stage you will be sent a link to submit a full application to the Fund. Please note...
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A new strategy to help create jobs and spread economic prosperity by encouraging a wide range of successful, sustainable and authentically Welsh events right across Wales has been launched today (13 July 2022) by the Economy Minister, Vaughan Gething. The National Events Strategy for Wales 2022 to 2030 builds on the unprecedented growth of events in Wales over the past two decades. The strategy seeks to encourage events of all shapes and sizes that are...
The Bank of England will be withdrawing legal tender status of the paper £20 and £50 notes after 30 September 2022, and are encouraging anyone who has these to spend or deposit them at their bank or Post Office. As they are returned to the Bank of England, these are being replaced with the new polymer £20 notes featuring J.M.W. Turner, and polymer £50 notes featuring Alan Turing. After 30 September 2022, the new polymer...
Legislation to lower the default national speed limit on residential roads and busy pedestrian streets from 30mph to 20mph has been approved by the Senedd today (12 July 2022). Wales becomes the first UK nation to make the move - helping to save lives, develop safer communities, improve the quality of life and encourage more people to make more sustainable and active travel choices. The new slower speed limits are currently being trialled in eight...
The Welsh Government’s £7 million Summer of Fun returns for a second year to support children and young people across Wales. Building on the success of last year’s Summer of Fun and Winter of Wellbeing, the scheme will run from 1 July until 30 September 2022 to support children and young people to take part in a range of sporting, cultural and play based activities. The activities will be free and inclusive for children and...
Are you looking to level up your business with investment in 2022? Then this is the competition for you. Get your business in front of investors, win prizes worth £10,000 plus a mentoring and coaching package. The Pitch supports startups across the UK, whether you’ve just launched or you’re getting ready to grow. It’s designed to boost your skills, network and confidence. The competition is open to UK-based businesses that have been trading for less...
The Welsh Government has made available up to £120,000 funding to support increased economic co-operation with the regions of Baden Württemberg, Brittany and Flanders. The initiative is open to applications from all Welsh organisations now with a focus on activity this financial year (up to 31 March 2023). Full details are available here: https://gov.wales/funding-score-cymru For further information or to discuss a proposal, please contact the Welsh Government Horizon Europe Unit via HorizonEurope@gov.wales.
Following the pandemic, the Welsh Government is committed to helping young people in Wales under the age of 25, reach their potential with support to gain a place in education, training, help to get into work or become self-employed. The Young Person's Start Up Grant has been developed as part of our commitment to the Young Person's Guarantee. To make sure we understand the needs of young entrepreneurs, we have held conversations with young people...
Rebecca Evans MS, Minister for Finance and Local Government. HMRC has published the second set of annual outturn statistics for the Welsh rates of income tax. This marks another important step in the tax devolution process in Wales. The outturn statistics show that the Welsh rates of income tax in 2020-21 raised £2,140m, up 4.9% on 2019-20. A link to the statistics can be found at: https://www.gov.uk/government/statistics/welsh-income-tax-outturn-stati… The income tax outturn statistics provide both the...
Energy prices have been rising at an unprecedented rate since 2021. It has caused a significant amount of worry and stress for everyone across the UK. Both households and businesses are looking for ways to manage their soaring utility bills. One in four small business owners has increased prices to cope with rising business costs and inflation, and 30% have said that they will have to reduce their energy usage to save on costs*. If...