Foresight Group (“Foresight”), a leading listed private equity and infrastructure investment manager, has stepped up its commitment to supporting the growth of companies across Wales as it finalises plans for a permanent office at Southgate House, on Wood Street, Cardiff and reveals details of its new investment team. In 2023, Foresight was appointed to manage a £50 million equity fund for the Investment Fund for Wales (“IFW”), the IFW – Foresight Equity Finance (“the Fund”). Operated by the British Business Bank, the £130 million IFW will provide loans from £25,000 to £2 million, and equity investment from £250,000 to £5…
Author: Rhys Gregory
Cardiff-based B Corp four-day week environmental consultancy Tyler Grange has just been named SME Employer of the Year at the InsideOut Awards. The prestigious annual awards – powered by the InsideOut LeaderBoard® charity and Wellbeing@Work Summits – recognises and celebrates excellence in promoting mental health, wellness, and overall wellbeing. The accolade was awarded to Tyler Grange as the UK SME that the judging panel – comprising a broad spectrum of industry experts – believed to have implemented the best mental health and wellbeing programme over the last 12 months, with a focus on recovery and preventative solutions. As well as offering employees a four-day reduced hours work week, with…
Llantrisant-based Mallows Beauty is launching in 550 Superdrug stores throughout the UK and preparing to expand in to the US market with a six figure equity investment from the Development Bank of Wales. This is the third investment by the Development Bank in Mallows since 2021, taking the total equity and debt funding package to over £1 million. The fast growth business now employs 25 and is achieving run-rate revenue of over £5 million in 2023/24 with a three-year compound annual growth rate (CAGR) of over 100%. Stockists include Oliver Bonas, Beauty Bay and Superdrug. The Mallows product range…
Melting of glaciers in a major Alaskan icefield has accelerated and could reach an irreversible tipping point earlier than previously thought, new research suggests. The research, involving scientists at Aberystwyth University in Wales, found that glacier loss on Juneau Icefield, which straddles the boundary between Alaska and British Columbia, Canada, has increased dramatically since 2010. The team, which also included universities in the UK, USA and Europe, looked at records going back to 1770 and identified three distinct periods in how icefield volume changed. They found that glacier loss remained consistent between 1770 and 1979 with up to 1 square…
Dewi Griffiths (28:20), Josh Griffiths (28:41) and Clara Evans (31:57) will head the local contingent at the OGI Porthcawl 10k. Omar Ahmed (28:27), 2023 winner Kadar Omar (28:27), Seyfu Jamaal (29:04) and Louise Small (33:20) will also be in action. The popular South Wales seaside town will host the fourth edition of the race on Sunday, with the race incorporating the third fixture in the 2024 R4W 10K Series. It uses a quirky course that takes in views along the sweeping coastline and a section through the Coney Beach Fairground. The three main protagonists in the men’s race have claimed…
A 36-year-old man has been jailed after admitting to attacking a man and taking his belongings. Trefor Glyn Evans, of North Road, Caernarfon, appeared at Caernarfon Crown Court on Tuesday June 25th after admitting to robbery offences. During the evening of January 29th, a man was walking home in the Afon Goch area of Caernarfon when Evans threatened and demanded money from him. Evams preceded to attack the man, punching him and kicking him in the head. He took the victim’s phone, coat, hat and trainers. The man managed to run away to the police station where he reported what…
With Monster Jam taking placeat Principality Stadium, there will be a full city centre road closure around the stadium on July 6th between 11.30am until 7.30pm. Castle Street, from the North Road junction through to Westgate Street will remain closed until midnight due to the Manic Street Preachers & Suede concert in the castle grounds. The M4 motorway is expected to bebusy due to this event – so please plan ahead – and if you are going to Monster Jam, please avoid the congestion in Cardiff by using the park & ride at the former Toy’s R Us site car…
A delightful celebration of the Welsh language and culture took place at the ‘Gŵyl Hirddydd Haf’ Summer Solstice Festival at the Urdd Centre, Pentre Ifan with Year Five school children. The festival, held on Thursday, June 20th, was a vibrant event filled with educational and entertaining activities aimed at fostering a love for the Welsh language, celebrating our habitat, and cultivating a sense of belonging. There were 140 children from ten Pembrokeshire schools taking part in a diverse array of workshops and excursions designed to ignite the curiosity and creativity of the young learners. The day’s itinerary included a poetic…
Leading UK-law firm Hugh James is delighted to announce the arrival of Partner Alex Madden to the new role of Head of Planning and Environmental. Formerly Head of Planning and Environmental at Thrings Solicitors in Bristol, Alex has more than 20 years’ experience across contentious and non-contentious planning matters covering residential development, retail and leisure, agricultural development, waste planning, and renewables. Alex’s practice extends across the private and public sector, advising clients such as major UK housebuilders, developers, joint ventures, corporate occupiers, investors, landowners, tenants, and financial institutions. A renowned planning and environmental specialist, Alex is ranked in Chambers and…
Right now we are in a blessed position for gaming and the future of technology. Today we are the most developed and advanced with our technology than ever and will keep improving every day. Gaming is ever-changing and growing; technology is the most important part. This is attributed to the new things being invented or the graphics constantly improving, so over time it will change but how? Virtual Reality Over the last decade or so, VR has been growing and getting even more impressive and the new Meta Quest 3 and the Oculus Rift are the perfect examples of this,…