Economy News
A North Wales tidal lagoon would create over 20,000 jobs and generate more than £11 billion for the regional economy as well as pumping 2.5 gigawatts of electricity into the National Grid every year.
Cardiff Harbour Authority (CHA) and Cardiff Council’s Cabinet Member for Investment and Development, Cllr Russell Goodway hosted the conference which was devoted to Cardiff Council’s new vision for the next development phase of Cardiff Bay as a destination within the city.
More Welsh firms are planning to hire new staff after business confidence rose eight points during May, the latest Business Barometer from Lloyds Bank Commercial Banking has found.
Welsh firms could be left ill-prepared to deal with unforeseen opportunities and challenges after it emerged they could be tying up the equivalent of 12.2 per cent of their total revenue in working capital.
Richard Theo, co-founder and CEO of Wealthify, has been appointed as the government’s new fintech envoy for Wales.
The Development Bank of Wales has published its results for 2017/18.
Baravelli’s artisan chocolatiers in Conwy is one of many companies to show their support for the Daily Post and North Wales Economic Ambition Board’s #BacktheBid campaign.
Two Holyhead projects have benefitted from £4.7m funding from the Welsh Government and EU.
Finance Secretary Mark Drakeford will today announce more than £260m of new capital funding to support flagship Welsh Government commitments.
Welsh businesses were amongst the least optimistic in the UK in April despite confidence rising to 22 per cent, according to the latest Business Barometer report from Lloyds Bank Commercial Banking.