News

Rent payment holiday for small businesses

19-03-2020

 

Bridgend County Borough Council is to offer a three-month rent-free holiday for all small and medium enterprises (SMEs) which lease premises from the local authority.

The measure would cover traders in the Bridgend Indoor and Maesteg Outdoor Markets as well as tenants of council-owned industrial starter units.

Council leader Huw David said: “We understand the concerns that businesses have and the sudden shock they are experiencing due to the escalating measures imposed during the outbreak of coronavirus.

“Businesses are going under as we speak, the rent-free holiday aims to offer a lifeline to those who need it – rent is a big part of outgoings for these businesses.

“These are truly exceptional circumstances – we will do our best to help support local businesses through this time. Please follow the advice and guidance issued by the UK Government, Welsh Government and the Federation of Small Businesses.

We want to reassure residents that, together with our partners, all necessary steps will be taken to support the well-being of our communities as much as possible.”

The council will review the temporary policy in three months’ time.

« Back to list

 


 

Forum events

Book your place
Bridgend Business Forum offers an extensive programme of exciting, inspiring and innovative events, delivered by high calibre, quality speakers. This year is no exception... there is a full and vibrant programme of events planned for the forthcoming year.

Book now >

Member to member offers

Advertise here
As a member of the Bridgend Business Forum, you have the opportunity to provide other members with information on any special offers your company has available.

Find out more >
Bridgend Business Forum Awards

This is it!
Bridgend’s greatest awards are back!

Find out more >