Author: Rhys Gregory

The Farmers’ Union of Wales says the draft withdrawal deal and political declaration agreed between the EU and the UK does nothing to allay concerns present in Theresa May’s original deal, given it contains ‘no significant changes or improvements for Wales’ and will place the UK outside the Single Market. FUW President Glyn Roberts said: “From a Welsh perspective the deal is to all intents and purposes unchanged from when it was proposed by Theresa May. “The fact that it seeks to take us well and truly out of the Single Market and Customs Union in order to pave the…

Cardiff Council and South Wales Police once again joined forces at the weekend to tackle off-road bikes. Four off-road vehicles were seized as part of the operation and all of the bikes will be crushed and recycled unless the owners claim their vehicle back with the correct paperwork and insurance details. A black Detroit pit bike was spotted on Coryton roundabout which officers stopped and seized. A 30-year-old man from Thornhill was arrested by the South Wales Police on suspicion of driving while under the influence of drugs. He has been released under investigation pending the result of blood analysis.…

Supercharging the local economy and improving opportunities in Cardiff East are the key aims of a new economic strategy for the area which has been released by Cardiff Council. The new Cardiff East Industrial Strategy sets out a plan which will help regenerate an area of the city that has missed out on major investment. Among the key issues it addresses are: Public transport infrastructure Regeneration Connectivity Developing new ‘green’ industries Figures show that those living in communities in Cardiff East are over four times more likely to live in one of Wales’s most deprived areas compared with the national…

Cardiff Council is delighted to announce that multinational tech company, SIPCOM, will set up a new tech hub in Cardiff to serve their rapidly expanding global client base. With its London HQ and New York office in place, the company specialises in designing and implementing unified communications and collaboration solutions for their clients. This involves bringing voice, video, instant messaging, email and conferencing together in a unified collaborative experience that assists people to work better and smarter leveraging both private and public cloud solutions. SIPCOM’s clients include the Home Office, Civil Aviation Authority, SEGA, Ralph Lauren, Smith & Williamson and a…

PETER’S Food Service is to create 110 new jobs after securing a number of new deals to supply several leading UK brands and retailers. As a result of the additional branded and ‘own brand’ orders, Peter’s will be moving to a two-shift operation later this month, resulting in the need to recruit the new staff. Recruitment is underway, and discussions have been held with some staff affected the closure of Triumph in Merthyr, to fill a number of these roles. Peter’s Food Service managing director Mike Grimwood said: “The past few years have seen extremely challenging market conditions, particularly with…

A short squeeze is usually associated with investors playing on a market that they do not like much. These types of investors are known as short sellers. Big profits can be made with this sort of investing, especially if they are successful in taking advantage of a short squeeze. This process acts against most usual rules of trading and sees and investors sell the stock and then wait to buy it back if / and when its price falls. In order to fully understand how these types of investors operate and how profits are made keep on reading. The topic…

Cardiff-based Quantum Advisory has presented the Quantum Advisory Prize to an Accounting and Finance student at the University of Bristol who achieved the University’s highest result ever in its Taxation examination, at 95%.

Following the collapse of Thomas Cook, Stuart Price, Partner and Actuary at Quantum Advisory, gives his thoughts on what will happen to the pensions of UK employees.

Rugby fever has taken over Cardiff-based recruitment agency Recruit 121, with staff given time off to watch games, access to a beer and wine fridge and treated to Domino’s Pizza and Subway sandwiches during matches. Team members are all included in an internal sweepstake and have the chance to win one of forty rugby jerseys. The company, located in Capital Tower, employs more than 45 people from around the globe and for any match for which they have a national working for them, the whole company gets the time off to watch it on the office’s big screen and enjoy…

The South Wales Chamber of Commerce has launched a series of Brexit readiness events for businesses across the country, thanks to support from the Brexit Resilience Fund, to aid businesses with preparations in the lead up to Brexit. Working with Centurion VAT as a key delivery partner, the Chamber will be providing the following support to all businesses in Wales free of charge: Training seminars 121 Export Documentation clinics VAT awareness sessions VAT surgery day VAT helpline VAT information packs The events will be held across South, Mid and North Wales, with the first event being held on the 18th October…