The Federation of Small Businesses has 'warmly welcomed' the announcement that business rates (or 'non-domestic rates') will be fully devolved to Wales:
Plaid Cymru leader Leanne Wood is expected to unveil a new policy commitment to cut business rates for small businesses in Wales. In her speech to the party's conference in Aberystwyth she's due to say that a Plaid-led Welsh government would cut rates for firms with a rateable value below £15,000.
She's expected to say:
A report commissioned by the Welsh Government has recommended that business rates relief for charities is reduced in some circumstances.
Professor Brian Morgan's report has been published today and the Minister for Economy, Edwina Hart, announced a consultation, which will run until 19 June.
A 20,000-name petition was handed into the Assembly in January, calling on the Welsh Government to reject changes to business rate relief.