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Wales
Friday 17 April 2020

Latest News

Top Story

Second phase of resilience fund opens for applications

The second phase of the Welsh Government’s £500m Economic Resilience Fund is now open for applications. The first stage saw the £100m Development Bank of Wales' loan scheme fully subscribed in little more than a week with applications currently being processed.
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Insider Feature
Feature 1

Business Matters: Understanding the unprecedented - acknowledging the road ahead

Andy Gregory, head of investments at BGF, looks at the impact of Covid-19 on businesses so far and what lies in store over the coming months.
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Deals

Pub group raises £22m

City Pub Group, a listed pub group with sites in southern England and Wales, has successfuly raised £22m in a move that has strengthened its balance sheet and cut net debt cut by two thirds.
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Liberata moves for Renovo

Business process services specialist Liberata, which has sites across the UK, has acquired Renovo, a provider of career transition support services.
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Gordon Brothers sells Bench

Bench has been sold to an affiliate of Apparel Brands, one of the streetwear brand's primary European licensees.
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Details of CLBILS revealed

Details of the Coronavirus Large Business Interruption Loan Scheme (CLBILS) – which is geared towards companies with a turnover of more than £45m – have been revealed.
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Insider Feature
Feature 2

Ask the expert: How can businesses be supported during the coronavirus crisis?

Paula Kathrens, employment law partner at Blake Morgan, considers some of the key provisions of the recently announced Coronavirus Job Retention Scheme and what these mean for employers.
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Business

Hilti furloughs part of workforce

Hilti has placed part of its workforce on furlough.
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Crumlin firm in consortium developing coronavirus antibody tests

Crumlin-based BBI Solutions has been announced as part of a consortium to rapidly develop and rollout millions of coronavirus tests.
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March retail sales tumble as crisis unfolds

Actions taken to tackle the spread of coronavirus led to the worst decline in retail sales on record.
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UK to benefit from £1.1bn air navigation support package

A £1.1bn support package has been made available for air navigation service providers across Europe, with the UK’s provider eligible for £92m.
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Property

£13m Cardiff property deal completes

Avison Young has completed the acquisition of a 39,000 sq ft office building in central Cardiff on behalf of Delancey for a price of £13m and has been retained to manage the property.
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Manufacturing

Ventilators ready for NHS after regulatory approval

The first newly-adapted ventilator design from the government's Ventilator Challenge has received regulatory approval and is ready to be sent to the NHS frontline to support coronavirus patients.
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Rolls-Royce leading Covid-19 response alliance

Rolls-Royce has invited a group of companies to collaborate on a new project to find new and faster ways to support businesses and governments globally as they recover from the economic impacts of Covid-19.
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Other News

Stobart Group weighs up double deal

Wales Top 300 Companies Marketing list - Contact the region’s top decision makers by phone or email

Member Exclusive News

Shop properties to be auctioned for £1

A pair of adjacent shops are up for sale at the end of the month through Newport-based Paul Fosh Auctions for £1.
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