draft budget.The proposals will see pubs, shops and restaurants pay increased business rates in order to put more money towards Wales’ health service, while arts and culture bodies are facing a 10 per cent cut in funding.The MVT has condemned the plans, describing the draft budget as “a fantasyland document” when it comes to grassroots venues and called for it to be amended before it is adopted.“The budget has failed to consider the economic realities of the sector, assuming that lowering Business Rate relief for grassroots music venues from 75% to 40% will result in additional income for Welsh Government priorities. That won’t be the outcome.