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Wales
Thursday 26 November 2020

Latest News

Top Story

Global automotive parts supplier swings back into profit

Turnover has risen at a Caerphilly-headquartered automotive parts distributor, with the company also returning to the black.
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Insider Feature
Feature 1

Ask the experts: 5G – building the infrastructure of the future, today

Fotis Karonis, chief technology innovation officer at BT Enterprises, examines how 5G will shape the future of business.
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Deals

Investment to drive international growth at eco pet product start-up

A Welsh eco pet product start-up has secured a multimillion-pound investment from Metamorphosis, a San Diego-based venture capital firm dedicated to the incubation and acceleration of businesses in the pet industry. 
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LHP acquisition of The Alexander Partnership secures jobs

Established West Wales-based accountancy firm LHP Chartered Accountants is now operating in Tenby after acquiring the business of The Alexander Partnership (Accountants) Ltd in a pre-pack deal.
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Kingsway Asset Finance accredited for CBILS lending

Kingsway Asset Finance has been accredited as a new lender for the Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank.
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Insider Feature
Feature 2

Business Matters: The unintended consequences of a well-intentioned policy

When the UK Government brought in its moratorium on business rents back in March, it was the right thing to do at the time. But with commercial landlords now facing a £4.5bn rent shortfall by the end of the year - and tenants still unable to pay - a stalemate has been reached. Two senior experts from Quantuma’s Financial Advisory team - Paul Slevin, director, and Louise Durkan, managing director - dissect the state of the landlord-tenant relationship and ask whether there are any clear winners and losers in this current impasse.
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Business

School meals contract win for Harlech Foodservice

Distribution business Harlech Foodservice has won a three-year contract to supply more than one million school meals a year for Denbighshire County Council.
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UK Government outlines spending plans for 2021/22

Wales will receive £1.3bn of new funding from the UK Government in 2021/22 through the Barnett formula for devolved areas such as health and social care, education and housing, Chancellor Rishi Sunak has announced.
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Half-year profits cut at Severn Trent

Pre-tax profits at water provider Severn Trent decreased by more than 20 per cent during the first half of its financial year, new figures have revealed.
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Successful launch for sourdough pizza business

A sourdough pizza business established by a former Queen’s Nurse and university lecturer has hailed its successful launch during lockdown.
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Property

Geldards completes Capital Quarter relocation

Law firm Geldards has completed the relocation of its head office to Cardiff’s Capital Quarter development.
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Investor strikes £61m food and discount store deal

Property investor LXi REIT has acquired 11 supermarkets and two discount stores, with tenants including Waitrose, The Range and Aldi, in a £61m deal.
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Manufacturing

EKF sells shares in spin-out company

Cardiff-headquartered EKF Diagnostics has secured about £7.7m through the sale of shares in a spin-out company.
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Other News

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Member Exclusive News

Pension fund on course to hit green target

Swansea Council's £2.1bn pension fund is on course to cut its carbon footprint to 50 per cent of index levels by next year.
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