Plaid pledge to cut business rates

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:

The Party of Wales’ proposals to cut these rates will improve cash flow for small businesses and will hopefully enable them to not only survive but to grow and prosper, securing or even expanding job numbers.

Supporting small businesses and the thousands of people employed in them is a key priority for Plaid Cymru. We have demonstrated this with our budget deal on apprenticeships which was specifically tailored for small-to-medium sized enterprises.

It is sadly the case that many of our high streets have become ghost towns, characterised by empty and boarded up shops. The business rates policy of the Party of Wales will go a considerable way to breathing new life into our ailing town centres and local economies.

– Leanne Wood, Plaid Cymru leader

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Plaid Cymru Annual Conference

Members of Plaid Cymru are meeting in Aberystwyth for the party's annual conference.