Welsh Government announces £50m fund to prepare Wales for Brexit

Credit: ITV Cymru Wales

First Minister Carwyn Jones has announced a £50m fund to help Welsh businesses and public services plan and prepare for Brexit.

The Welsh Government says the fund will provide a combination of financial support and loan funding, and will support the provision of technical, commercial, export-related and sectoral-specific advice for businesses.

It says it will also be designed to help employers retain and continue to attract EU nationals.

"The fund will underline Wales’ welcome to people from other countries who have made Wales their home."