Economy News
A social care leader will be helping to steer the Welsh economy after being appointed to an influential new panel of advisers.
An award-winning builder is nearing completion on three state of the art extra-care housing schemes across North Wales which have boosted the regional economy by over £40 million and created more than 150 jobs.
A new UK Tech Innovation Index is available today which shows that Wales and the South West of England have significant strengths across a range of sectors including AI and Data, Clean Growth, Advanced Manufacturing and Ageing Society. It also illustrates for the first time a significant overlap of activity clusters between the regions, with Bristol, Cardiff and Newport showing especially strong links to each other.
Vocational qualifications are set to play a pivotal role in helping the Welsh Government achieve its vision of developing a vibrant and prosperous economy fuelled by a highly skilled, world class workforce.
Colwyn Bay is set to receive a £2 million boost when the elite riders fight out the final stage of the UK’s premier women’s cycling event on the sea front next month.
Swansea plans for one of the UK’s most eye-catching tourist attractions took a major step forwards today.
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.