Today's Swansea and South West Wales business news from Insider |
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Swansea and South West Wales
Monday 23 March 2020

Latest News

Top Story

Bistrot Pierre to close eateries

Restaurant group Bistrot Pierre, which has 25 venues across the UK including one in Swansea, is to temporarily close its restaurants.
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Insider Feature
Feature 1

Business Matters: The importance of wellbeing in the workplace

Katy Wolar, head of care, support and guidance and learner wellbeing at ACT Training, says wellbeing is fast becoming a commonly used term we hear everywhere. Whether it’s advice from the medical world or tips from the self-help industry, wellbeing and its importance can be heard far and wide.
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Deals

Sailing academy to expand with fast-track loan

Pembrokeshire Performance Sailing Academy will use a £20,000 Development Bank of Wales loan to open a second centre.
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Hotel Chocolat raises £22m to support growth plans

Chocolatier and retailer Hotel Chocolat has raised £22m to underpin its long-term growth plans and to provide flexibility if needed in response to challenges presented by the Covid-19 outbreak. The business said its ability to shift its focus towards online and digital wholesale would help mitigate the impact of the pandemic.
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CMA finds competition concerns over window blind deal

The Competitions and Markets Authority (CMA) has found competition concerns over Hunter Douglas' acquisition of counterpart 247 Home Furnishings.
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Business

Businesses react to “landmark” government measures

The business community has reacted to the government's package to support businesses during the Covid-19 pandemic, which includes a commitment to paying 80 per cent of wages.
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Funding agreed for transport improvements

Funding to improve public transport in the Vale of Glamorgan has been agreed.
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Senior banking professional joins Verde Corporate Finance board

An experienced senior banking professional has joined Verde Corporate Finance, part of the GS Verde Group, as a non-executive director.
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CMA launches Covid-19 taskforce

The Competition and Markets Authority (CMA) is to create a taskforce after concerns were raised some businesses might exploit the coronavirus outbreak.
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Aldi to recruit 9,000 new workers

Aldi has launched a recruitment drive to hire 9,000 new workers as part of its response to the coronavirus outbreak. A number of products have also been further restricted.
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Costa to go cashless to combat Covid-19

Coffee shop chain Costa is to only allow cashless payments and has closed its seating areas in a response to the coronavirus outbreak.
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Property

FMB seeks support for small builders

The Federation of Master Builders (FMB) has called on the government to provide urgent and immediate additional support to the UK's small and medium-sized construction building companies.
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Construction awards hold up despite virus outbreak

The total value of construction contract awards in February 2020 rose to £6.5bn, despite the global coronavirus crisis, according to a new report.
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