Today's Wales business news from Insider |
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Wales
Wednesday 19 May 2021

Latest News

Top Story

Board changes as EKF outlines future strategy

The longstanding chief executive of EKF Diagnostics Holdings, who has led the business through its most successful period, is to step down from his current position at the start of October with the listed group naming his successor. EKF also outlined its future strategy, which will be backed by major investment.
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Insider Feature
Feature 1

Business Matters: Employee Ownership Trusts

When trying to build a successful business a key headache is often how to attract and retain people with the necessary skills. As a growing company you may not have the cash to offer the same level of financial rewards as more established companies – so how can you compete? Many businesses are turning to employee share schemes as a solution Leighton Reed, partner at Azets explains.
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Deals

Sports development tours firm snapped up

A Cardiff-based sports development tour operator, which takes school and sport club teams to train with professional coaches at the world’s top clubs, has been acquired by Portman Travel Group.
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Facility to help firm seize opportunities created by PI claims reform

Lyons Davidson, a law firm with more than 650 employees across Bristol, Leeds, Solihull, Cardiff and Edinburgh, has secured a £5m working capital facility from OakNorth Bank. New government reform of personal injury claims comes in to effect at the end of this month which is expected lead to more consolidation in the market.
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£2bn deal agreed for John Laing Group

A deal has been agreed for the acquisition of John Laing Group valuing the business at about £2bn.
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Insider Feature
Feature 2

Ask the expert: Negotiating a break clause within a commercial lease

Given the uncertainty in the commercial property market in recent years – and particularly since the start of the Covid pandemic - it can be a good idea to negotiate the inclusion of a break clause in commercial property leases. James Young, a senior associate in commercial law at Harding Evans, explains why it is important for both landlords and tenants to understand their rights and obligations in relation to the issue.
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Business

Apprenticeship recruitment drive at Jones Bros

Ruthin-based Jones Bros Civil Engineering UK is recruiting 30 apprentices to start over the next 12 months on its training programme.
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Business activity rises rapidly - report

Welsh business activity has risen at the sharpest pace on record, according to a new report.
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Property

Warehouse investment by Mileway

Last mile logistics real estate specialist Mileway is investing £500,000 to create a warehouse unit at its Spring Meadow Business Park in Wentloog, Cardiff.
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Hilton Garden Inn hotel launches at Adventure Parc Snowdonia

A Hilton Garden Inn hotel has launched at a location within the grounds of Adventure Parc Snowdonia. The managing director of Adventure Parc Snowdonia said 2021 bookings were "exceptionally strong".
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Spate of lettings at Deeside Industrial Park

Deals totalling almost 73,000 sq ft have been struck at Zone 2 at Deeside Industrial Park in North Wales.
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Manufacturing

Jaguar Land Rover reports loss after change in strategy

Jaguar Land Rover has reported an £860m loss after accounting for an exceptional charge of £1.5bn due to a strategy rethink.
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UK bus and coach market plunges further

The UK bus and coach market declined by 58.5 per cent in the first quarter of 2021, according to new figures.
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Other News

Wales Top 300 Companies Marketing database - contact the region’s top decision makers

Member Exclusive News

Contractor sought for Pentre Awel

A main contractor is being sought to start work on Llanelli’s multimillion-pound Pentre Awel.
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Services & Guides

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Corporate Finance Directory

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