Friday 19 November 2021

A Pembrokeshire-headquartered power tool distribution business, whose products range from vacuum cleaners and pressure washers to air compressors and diesel generators, has expanded with the opening of a second distribution centre in Newport.
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Transitioning from an experienced manager to company director seems a natural career progression but can come with a plethora of mixed feeling and complexities. After only two months in the role, Manon Llwyd of Menter a Busnes reflects on the three simple but effective techniques that were addressed to ensure focus and control during the initial transitional period.
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Unilever has agreed to sell its tea business, which includes brands such as Lipton and PG tips, to CVC Capital Partners for €4.5bn.
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Metro Bank has hailed its prospects as a standalone business after talks about a possible takeover offer from private equity giant Carlyle Group were terminated.
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A battery storage group is set to significantly grow its UK pipeline after securing a £380m funding package with support from NatWest.
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John Cullen, an insolvency partner at accountancy firm Menzies LLP, says when things are running smoothly and supplies are arriving on time, managing working capital is a fairly straightforward matter. When disruption strikes however, cashflow gaps can appear quickly, leading to financial difficulties. So it's important for businesses to be prepared.
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Theresa Grech, partner and head of corporate (Cardiff) at Ince, offers her advice on investment in your business.
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A mixed-use building in Cardiff and an industrial property in Middlewich, Cheshire, have been acquired by AEW UK Real Return Fund for a combined total of £10.5m.
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Specialist training company Aspiration Training has opened a new office in Newport city centre.
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ASC Finance has expanded with the opening of a new office in Wales.
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The owner of a mansion in Sychdyn, near Mold, has invested £300,000 to open a new wedding and events venue on the ten-acre estate.
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PureGym Group, which operates more than 500 venues across the UK and Europe, has hailed "significant strategic progress" despite the impact of the Covid-19 pandemic.
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The UK new bus and coach market fell by almost 20 per cent during the third quarter, according to new figures.
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First Minister Mark Drakeford is today welcoming leaders from the British-Irish Council to Wales.
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