Wefan Gymraeg

Lib Dems launch “start-up allowance” for budding entrepreneurs

The Liberal Democrats would give a “start-up allowance’ to help budding entrepreneurs with living costs in the first six months of setting up their business. 


The party is making a bold pitch to be the party of business with Tim Farron the only major party leader committed to Britain’s membership of the single market. Tim will launch the party’s business policy at the Liberal Democrat Entrepreneurs Network event on Tuesday night.

Eluned Parrott, Liberal Democrat candidate for Cardiff Central, said:

“I know from setting up my own business that the early months can be really tough. I am delighted that the Liberal Democrats are putting small business and entrepreneurship at the heart of our plans to create a fair, sustainable and green economy.

“These plans announced today will really help get small businesses off the ground and let the economy grow. It takes courage to set up a business, and we are on the side of entrepreneurs."

Mark Williams said:

“Small business and entrepreneurs are the backbone of the Welsh economy, and it is there that we will create a stronger, sustainable economy for the future.

“While the Conservatives focus on giving tax cuts to giant corporations, our focus is on small businesses seeking to grow. And unlike Labour and the Conservatives, we would stay in the single market.”

Other key policies include expanding the state-owned British Business Bank to make it easier for firms to borrow.

Tim Farron added:

“Many firms are struggling to borrow to invest, and that is suffocating an economy being propped up on consumer spending. The Conservatives have lost the right to call themselves the party of business. The Liberal Democrats are now that party.

“A Conservative landslide will be bad for you and your family. Bad for your job. Bad for your bills. Bad for the NHS. Bad for our schools.  But have hope. A better future is available.” 

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