Today's Wales business news from Insider |
Latest News | A precision engineering company based in South Wales has secured a six-figure invoice finance facility to support its next phase of growth.
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Digital support programme, Superfast Business Wales, is ready to plug the skills gap for Wales' businesses, to help them navigate these uncertain times, says the service's project manager, Howard Thompson.
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The group behind Sports Direct and House of Fraser has further increased its stake in luxury brand Mulberry to more than 30 per cent. A takeover offer is now being considered by the group.
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Bethan Evans, insolvency partner at accountacy firm Menzies LLP, says for owner managers getting back to business after the pandemic, there’s never been a better time to conduct a thorough company health check. As the UK business landscape enters the "new normal", it’s important to rethink strategies and ensure that companies are equipped to face any further challenges that lie ahead.
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Retail giants Peacocks and Jaeger have entered administration, placing about 4,700 jobs at risk, with discussions taking place in a bid to secure the future of the businesses. Peacocks is headquartered in Cardiff.
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ComparetheMarket has been fined £17.9m after it was found to have breached competition law. The company said it was "disappointed" with the decision and "fundamentally disagrees" with the conclusions.
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A new chief executive has been appointed at Viridor which was acquired in a £4.2bn deal earlier this year. Viridor owns a major energy from waste facility in Wales
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Nationwide Building Society has reported stable interim profits, despite its financial performance being impacted by the pandemic, and outlined how it has supported its members during the challenging time.
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As the impact of Covid-19 continues to be felt throughout the construction sector, Gavin Hoccom, senior associate at Berry Smith, reviews the position of the construction company entering or facing insolvency as a consequence of non-payment by an employer.
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Work is set to get underway on a major energy retrofit project that will involve almost 650 homes in a Swansea community benefiting from the installation of renewable energy generation, energy storage and smart energy management technology.
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Work is on track on a two-year project to regenerate Swansea's historic Palace Theatre building into a home for tech, start-up and creative businesses. The site staged performances by stars such as Charlie Chaplin and Sir Anthony Hopkins.
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A new report has shed light on the resilience of Cardiff's economy following the recent firebreak.
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Member Exclusive News | The final agreed scheme to update Wellfield Road in Cardiff has been given the go-ahead.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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