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Coronavirus: Wales to enter two-week ‘firebreak’ lockdown

The Welsh Government will provide a package of almost £300mln for businesses

JD Wetherspoon - Coronavirus: Wales to enter two-week ‘firebreak’ lockdown

The government of Wales has announced it will enter a two-week ‘firebreak’ lockdown from Friday, October 23 to Monday, November 9.

Under the plan, pubs, restaurants and non-essential shops will have to shut, as well as leisure businesses, community centres, libraries and recycling centres.

READ: Lancashire agrees to move into tier-3 local lockdown with £42mln funding package

The Welsh Government will provide a package of almost £300mln for businesses, complementing wage-support schemes implemented by Westminster.

Those covered by the small business rates relief will receive a £1,000 payment, while small and medium-sized retail, leisure and hospitality businesses which have to close will receive a one-off payment of up to £5,000.

The £80mln fund announced last week to help businesses develop in the longer term, will be increased to £100mln, which includes £20mln ring-fenced for tourism and hospitality.

People will be asked not to go out unless absolutely necessary while primary schools will reopen after the half-term break. Residents of other UK areas placed in tier 2 and 3 are banned from entering Wales.

Wales’s R number is currently between 1.1 and 1.4, meaning there are more than 130 cases for 100,000 people.

Meanwhile, leaders of Greater Manchester are negotiating a financial package with Westminster before entering tier 3 of lockdown, which requires bars and restaurants to close.

Publican JD Wetherspoon PLC (LON:JDW) advanced 3% to 799.9p while Wagamama owner Restaurant Group PLC (LON:RTN) slipped 4% to 41.94p on Monday afternoon.

Quick facts: JD Wetherspoon

Price: 1115.901 GBX

LSE:JDW
Market: LSE
Market Cap: £13.82 m
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