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Business News Wales

@walesbusiness

Showcasing the latest business news from Wales. We're a news site dedicated to promoting Welsh business.

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linkhttp://www.businessnewswales.com calendar_today29-05-2015 10:46:00

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TOP STORY🗞️ Wales needs a ‘comprehensive action plan' to maximise the potential benefits of AI and to support businesses, a Senedd Committee has said. The Economy, Trade and Rural Affairs Committee said that AI could have huge benefits for the Welsh economy, but it could also

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TOP STORY🗞️ Plans to change business rates in Wales, giving smaller shops a lower rate, are being considered. The Welsh Government has announced a 12-week consultation on the plans, which it says could benefit around 13,000 retail properties across Wales. #BusinessRates

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NORTH WALES SMALL BUSINESS ANNUAL CONFERENCE The Federation of Small Businesses (FSB) in Wales (Wales FSB Cymru) – in partnership with Business News Wales – will bring its 2025 Small Business North Wales Conference to Wrexham University on Thursday, 26th June. The event will be hosted by

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TOP STORY🗞️ A new investment of £21.2 million looks set to be announced for regeneration projects in the Port Talbot area. Pending endorsement by the Tata Steel /Port Talbot Transition Board, the funding will be allocated for three more regeneration projects in the Port Talbot

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TOP STORY🗞️ As we move into a world where we all use more electricity, Wales needs new grid infrastructure and fast but the cost of how to do it are long contested. A wave of new evidence has been presented in the form of reports from the Institution of Engineering Technology

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TOP STORY🗞️ Arts, culture and sporting events supported by Welsh Government through Event Wales generated more than £40 million for the economy in 2024. It said this represented a ten to one return on investment, with approaching £4 million provided to support a total of 35

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TOP STORY🗞️ Debt and equity funding totalling £152 million from the @Development Bank of Wales helped 502 businesses to create and safeguard 6,185 jobs across Wales during 2024/25. 82% of these businesses were classed as micro. The record figures have been released by the

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TOP STORY🗞️ BGF, the UK’s most active growth capital investor, has pledged £100 million to Welsh businesses as part of its £3 billion commitment to back high-potential companies across the UK over the next five years. This commitment builds on BGF’s previous investment of £47

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TOP STORY🗞️ A project being supported by the Welsh Government is aiming to develop the next generation of tidal stream turbine blades, with the potential to transform the tidal energy industry. It will see Advanced Manufacturing Research Centre Cymru, based in Broughton, team up with Menter Môn and the

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BUSINESS CONFIDENCE 📈 Business confidence in Wales rose 21 points during May to 36%, according to the latest Business Barometer from Lloyds. Companies in Wales reported higher confidence in their own business prospects month-on-month, up 28 points at 52%. When taken alongside

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TOP STORY🗞️ Welsh Government needs to be more ambitious so Wales has more solar, wind and water energy sources owned by and earning money for local people, said Derek Walker Mr Walker, whose role is to challenge government on how they’re improving lives for people born in

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TOP STORY🗞️ The leaders of the cities which founded the Western Gateway Partnership have committed to continuing collaboration as the official pan-regional arrangement comes to an end. Western Gateway / Porth y Gorllewin Cardiff Council Newport City Council Bristol City Council

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TOP STORY🗞️ A £150,000 investment by the Development Bank of Wales in the Cliff Railway in Aberystwyth has put the iconic tourist attraction on track for a bumper season. 75,000 visitors are expected to experience the newly refurbished Victorian railway carriages this year. Run by

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TOP STORY🗞️ Support from the Welsh Government is set to help create and safeguard more than 60 jobs at a Torfaen car parts manufacturer, helping it secure valuable new business with Jaguar Land Rover (JLR). ZF Automotive UK Ltd (ZF Group) , which supplies parts to car

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WALES BUSINESS ACTIVITY INDEX📈 Following two consecutive months of decline, the latest Cymru Growth Tracker data from NatWest Business signalled a fresh and solid rise in Welsh private sector activity. Read more HERE⬇️ buff.ly/k3vHzBh

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TOP STORY🗞️ North Wales is set to build on its strength as a leader in low-carbon energy with the approval of the Full Business Case for the region’s £24.6 million Clean Energy Fund. The fund, part of the North Wales Growth Deal’s Low Carbon Energy programme, will primarily

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SPENDING REVIEW💼 Business leaders have given a mixed reaction to the UK Government Spending Review, which included Welsh rail investment worth at least £445 million. Wales FSB Cymru CBI Wales Monmouthshire / Sir Fynwy British Business Bank Enginuity #TRA Read reactions HERE👇

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TOP STORY🗞️ The number of house sales in Wales fell at the fastest rate seen since early 2023 according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, and surveyors are cautious about the outlook..... RICS RICS Wales

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TOP STORY🗞️ Two thirds of Welsh small businesses want to grow — and half are focused on boosting productivity. A new Wales FSB Cymru report says SMEs are key to delivering Wales’ growth ambitions, and concludes that Wales’s approach of developing a ‘one stop shop’ approach to

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TOP STORY🗞️ A clinical-stage spinout company is launching with a $140 million (£107 million) investment – the most significant commercial investment into Welsh research to date. Cardiff University spinout Draig Therapeutics will launch with the investment from leading international