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Cymraeg

Council to work with businesses on city's economic recovery

SWANSEA Council is set to join forces with businesses and communities to shape our city's economic recovery in the wake of the Covid-19 crisis.

shopping

Over the last six months the council has handed over £100m of support to help businesses weather the storm of the pandemic.

Now it aims to join forces with them to ensure the recovery is strong and effective in the months and years ahead.

A report to Cabinet today (Oct 15) said that the latest data is suggesting Swansea retailers are starting to see an increase in the number of people returning to shopping in the city centre.

Robert Francis-Davies, Cabinet member for Investment, Regeneration and Tourism, said: "Covid-19 is still with us and will be part of our lives for the foreseeable future.

"We've worked with Welsh and UK Governments to provide thousands of businesses in Swansea with support amounting to about £100m.

"This has helped to make sure many businesses have remained viable and were able to survive the initial coronavirus lockdown and this in turn will have protected the livelihoods of many thousands of people by keeping them in jobs."

"Now we need to stand together to secure our communities' economic recovery."

The Cabinet report looking at the role of the council in supporting economic recovery in Swansea highlights the work done so far to support businesses and the continuing measures the council is putting in place to embed the recovery.

Shop Local initiatives designed to capitalise on new shopping habits developed during the pandemic to shop with local stores and food and retail businesses are already being put into action.

Grant funding through the Rural Development Programme and Swansea Bay Fisheries Local Action Group is being made available to small businesses to support their recovery.

Around 300 people have been given support during the pandemic to support their employability as part of the response to the crisis, including some made redundant due to the impact of the pandemic on sectors like tourism and hospitality.

Cllr Francis-Davies said: "Even though the virus is still with us, now is the time to look forward, build on what has been achieved so far and create opportunities to strengthen our economic base in the months and years ahead."

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