Today's Wales business news from Insider |
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Wales
Wednesday 12 August 2020

Latest News

Top Story

Admiral boss hails “adaptability” as pre-tax profits grow

The chief executive of Cardiff-headquartered insurance group Admiral has hailed the company's "adaptability" after it reported a rise in pre-tax profits for the first-half of its latest financial year.
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Insider Feature
Feature 1

Business Matters: How to have a protected conversation – the right way!

Sarah Alford, a senior associate specialising in employment and HR law at Berry Smith Lawyers, reflects on how to have a protected conversation – the right way!
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Deals

Consortium secures seed funding for media economy growth bid

A Cardiff University-led consortium has won £50,000 in seed funding to support its Creative Capital project, which is aiming to grow the region's media economy.
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Acquisition of NGD by global group wins Deal of the Month

The acquisition of Next Generation Data (NGD) by a global data centre group has been named as Deal of the Month for July.
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More than 1.2 million firms supported by government-backed Covid-19 schemes

More than 1.2 million businesses across the UK have now receive funding from lenders through government-backed coronavirus lending schemes.
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Business

Used car market almost halves in second quarter

The UK’s used car market almost halved during the second quarter of 2020, new figures have confirmed.
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Debenhams to cut 2,500 jobs

Debenhams has announced plans to slash 2,500 jobs to give the retailer "every chance of a viable future".
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Turnover tops £850m at Hermes UK

Turnover has grown to more than £850m at parcel delivery giant Hermes UK, which has recently agreed the sale of a majority stake to Advent International.
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Property

Green light secured for new solar park development

The green light has been secured for the construction of a new solar park designed to generate clean renewable electricity in Swansea.
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Completions fall at Bellway but recent signs “encouraging”

Housebuilder Bellway has reported a drop in completions of almost a third but said recent sales demand had been "encouraging".
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Manufacturing

Hardshell set to open £1.5m mask making facility

Hardshell has invested £1.5m to develop a medical-grade mask making facility in Wales, which is set to provide more than 40 new jobs.
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“Very promising” future eyed by pet food brand

The family-owned business behind a pet food brand that can trace its roots back to the 1930s and is sold all over the world has said its outlook is "very promising" after reporting the results of its latest financial year.
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Member Exclusive News

Work starts on mixed-use building conversion

Work has started on the conversion of a Swansea city centre building to provide new homes and commercial space.
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