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Birmingham Post
Birmingham Post
Business
Owen Hughes

Wales lockdown to continue for three more weeks - with funding package set to be announced

The First Minister will today confirm alert level four lockdown restrictions will remain in place in Wales for the next three weeks.

While the situation in Wales is improving, he will say lockdown restrictions must continue for another three weeks to allow the NHS to recover.

Overall infection rate levels have now dropped below 200 cases per 100,000 people for the first time since early November but remain high in counties like Wrexham and Flintshire.

It will mean hospitality, leisure, tourism and non-essential retail will have to stay shut for at least another three weeks until the next review.

Welsh Government will revealed how a new £200m pot of funding will be spent to support businesses in the coming weeks.

Businesses with a rateable value of up to £500,000 will receive support payments of between £3,000 and £5,000.

On schools, the Welsh Government will work with schools and education partners on a phased and flexible return to school after 22 February, if the public health situation continues to improve.

On funding, Economy minister Ken Skates told Business Live: "The aim is to maintain a consistency of approach during the Level 4 Alert period so businesses can have that surety of being able to get through to the next financial year with Government support to the same degree they've had to date, should it be required.

The Minister for Economy, Transport and North Wales, Ken Skates (Welsh Government)

"We are on a three weekly basis reviewing where we are in terms of transmission rates, infection rates and test positivity.

"We'll be announcing full details in the coming days to make sure there is a seamless transition through to the next period of financial support.

He praised local authorities for getting money out to businesses rapidly and said the new funds will be allocated in a similar way to the business resilience fund.

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