Author: Rhys Gregory

Cambria Business School unveiled a raft of innovative new funded courses to meet industry demand. The Coronavirus pandemic has transformed the way the private sector operates, including flexible working hours and conditions, sustainable, ‘green’ initiatives, and future proofing. The Northop-based Business School – part of Coleg Cambria – has designed professional programmes (funding subject to eligibility) in partnership with leading organisations such as IOSH, NEBOSH, the Chartered Institute of Marketing (CIM), CIPD, Prince2, Highfield, and the ILM (Institute of Learning and Management). Among them are qualifications on the themes of People Management, Organisational Learning and Development, Leadership and Management, Project…

As the Local Government Pension Scheme (LGPS) begins its latest triennial funding valuation (as at 31 March 2022), Quantum Advisory has explored the key issues likely to unfold in 2022 and beyond, warning employers who use the LGPS to provide pensions for their employees to review its strategy to avoid potential problems in the future. The LGPS has over 6 million members and 18,000 participating employers across the 80+ different LGPS Funds. Each individual Fund will see differences in their 2022 valuation results. Ahead of the results being published later this year, Michael Welford, a senior member of Quantum Advisory’s…

Despite Covid restrictions and support schemes being wound down across the country, leading independent accountancy firm Kilsby Williams is urging businesses to continue to ensure that their records are in order, in preparation for potential furlough inspections being carried out by HMRC. The Coronavirus Job Retention Scheme, commonly referred to as furlough, protected nearly 12 million jobs across the UK during the pandemic with the government subsidising up to 80% of employees’ wages. While the scheme prevented mass unemployment and supported businesses through an unpredictable financial period, it is reported that furlough has cost the government £70 billion and, in…

Savills, on behalf of MVJ Capital, has completed the freehold sale of 232 Penarth Road in Cardiff to LXi REIT for £4.1 million. The building is let to Cazoo Car Dealership. The sale price represents a net initial yield of 5.57%. The property comprises of a purpose-built car dealership erected in 1999 providing showroom, office and servicing space spanning c.17,785 sq ft and external car parking. It sits on a site of approximately 1.61 acres (0.65 hectares) in a prominent position on the corner of Penarth and Hadfield Road. A new 20 year lease had been signed in September 2021…

Savills, on behalf of Maya Capital, has launched the sale of Eastgate House in Cardiff for offers in excess of £12 million. The sale price represents a net initial yield of 9.69% representing a low capital value of £127 per sq ft. The multi-let office building provides a total of c.95,000 sq ft of accommodation across ground floor retail and first to thirteenth floors of office accommodation. The building has undergone a multi-million pound refurbishment in 2018 both internally and externally, and benefits from excellent on site amenities including a gym, coffee shop and car parking. Occupiers include Cardiff University,…

FinTech Wales Foundry, the flagship accelerator program created by FinTech Wales, has today completed its 2022 programme with a pledge to create, between them, more than £70 million in revenue, and create more than 100 jobs in Wales, over the next three years. Sponsored by Principality Building Society, Admiral Money, and supported by Cardiff Capital Region City Deal, the accelerator programme offered places to eight start-up businesses from across the UK and Europe. Just six months since the last programme, the Foundry launched with its second season, bigger, and bolder than before. Thanks to lifting of Covid restrictions the program…

A graduate from The University of Wales Trinity Saint David, Carmarthen Business School has created a new business venture by opening a new vintage clothing store in Carmarthen. Mathew Kilgariff is the owner of ‘The Dandy Lion Vintage’ in Carmarthen. It is an independent business that specialises in vintage/retro clothing and accessories, whilst also offering customers sustainable, affordable & unique styles. The idea originated from the fact that there were no good quality vintage clothing shops according to Mathew in the Carmarthenshire area (especially for men). He had visited vintage clothes shops in Manchester, Bristol and Cardiff and realised that a…

A special event is to be held in the Senedd on May 12 to honour the contribution of late Welsh journalist Gareth Jones who reported on the genocidal Great Famine in Ukraine, mid-1930s tensions in Europe and the rise of the Nazi Party in Germany. Jones’ exposé on the Holodomor in Ukraine, which was made deadlier by a series of political decrees and decisions, was based on his own eyewitness testimony after travelling in the region. He revealed the scale and horror of the Holodomor to an international audience. Th Senedd event, organised by the National Library of Wales, Aberystwyth, is being held…

The University of South Wales (USW) held its annual Impact & Innovation Awards this week (Wednesday), in celebration of research that makes an impact on the community and wider society in Wales, nationally and internationally. The fourth annual awards saw Pro Vice-Chancellor for Innovation & Engagement, Professor Paul Harrison, welcome more than 120 guests, including shortlisted nominees and their collaborative partners. This year, 26 entries were received from a wide spectrum of disciplines and from researchers at different stages of their careers. The shortlisted projects address some of the most significant challenges facing society today, from promoting community cohesion to…

Cardiff and Vale College’s Women’s Rugby Academy has got off to flying start in its first year with four players selected to take part in the first ever U18s Women’s Six Nations Tournament in Scotland. Gabby Healan, Katy Hudd, Rachel Thomas-Evans and Permit selection Grace Bellamy were selected for the squad for the week-long tournament with a training fixture against France, and full international honours versus Italy and Ireland. The Welsh team won all three fixtures. “Games were streamed on YouTube and the atmosphere in the stadium for the games was electric, seeing our students singing the Welsh National Anthem…