Hospitality industry in Wales facing challenges as business rate support reduced
The total amount the Welsh government is spending on business rates support for hospitality, retail and leisure businesses will go down this year. The discount has been reduced from 75% to 40% in Wales, with financial aid mostly gone and costs still rising, many companies will be severely impacted. In addition, the national living wage across the UK has been increased by more than £1 for the first time, from £10.42 to £11.44 an hour. Read more: https://news.sky.com/story/ryan-reynolds-may-have-sprinkled-hollywood-dust-on-wrexham-but-waless-hospitality-sector-is-struggling-13102142 #skynews #hospitality #wales SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
