7th May 2021

Llanelli Online News

Llanelli's First For Hyperlocal News

Business loan scheme fully subscribed after one week will leave businesses ‘at risk of losing everything’, claims Plaid Shadow Minister for the Economy, Helen Mary Jones

PLAID CYMRU shadow minister for the economy Helen Mary Jones AM responding to the news that a £100m business loan scheme to help companies hit by the coronavirus pandemic is fully subscribed after just one week,  said,

“This is terrible news for businesses up and down Wales. Hundreds of businesses have been contacting us struggling with cash flow – this scheme was their way out.

“It’s not good enough for Ken Skates to say this was the ‘right product at the right time’. Businesses are in limbo and people are at the risk of losing everything.

“The Welsh Government need to say now what they’re going to do to help the hundreds of businesses still struggling and waiting for much needed support.”

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