The Welsh Government has announced a 30 per cent business rates cut for high street hospitality and leisure venues.

Pubs, restaurants, cafés, bars, licensed clubs, hotels, gyms, cinemas and other high street are all set to benefit.

This is part of the Welsh Government’s manifesto commitment to rebalance business rates and breathe new life into town centres.

This permanent support will exceed the 15% temporary relief for food and drink hospitality currently in place.

Eligible small to medium sized properties with a rateable value below £51,000 will benefit from the change.

First Minister Rhun ap Iorwerth said: "Our high streets are the heartbeat of communities right across Wales, and the businesses that fill them deserve our backing.

"This 30% cut to rates for pubs, cafés, gyms, hotels and so many other local favourites is about giving those businesses the confidence to invest, grow and keep serving the communities that rely on them.

"We’re making the system work better for the sectors that bring our town centres to life."

Cabinet Minister for Finance Elin Jones said: "This significant and permanent change will make a real difference to eligible hospitality and leisure businesses right across Wales.

"We've taken a balanced approach, ensuring this support is affordable while protecting the vital contribution business rates make to our public services – targeting help where it will have the greatest impact on our high streets."