Today's Wales business news from Insider |
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Wales
Tuesday 31 March 2020

Latest News

Top Story

£500m of additional support for Welsh businesses

A new £500m fund will support Welsh businesses through the coronavirus crisis.
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Insider Feature
Feature 1

Business Matters: IP pitfalls to avoid

Neil Condon, a partner at Intellectual Property Law firm EIP, reveals common IP pitfalls and how to avoid them.
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Deals

Major funding boost approved by Aston Martin

Moves to raise £536m, appoint billionaire investor Lawrence Stroll as executive chairman, enter F1 and construct its first SUV on-time have been approved by Aston Martin.
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Business

Rail services protected during pandemic

The government has signed new contracts with GWR and Southeastern to ensure that rail services continue during the coronavirus pandemic.
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Carluccio’s calls in administrators

Italian eatery chain Carluccio's, which has more than 70 restaurants and delis across the UK, has called in administrators. Insolvency specialists said they are "urgently addressing all options" for the company and will access the government's coronavirus job retention scheme to furlough its 2,000-strong workforce.
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SIG to develop revised strategy during coronavirus shutdown

Specialist building products distributor SIG has said the temporary closure of its UK and Ireland sites will be used as an opportunity to develop a revised strategy and organisational model.
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Property

Two new lets at Cardiff business park

Celtic Gateway Business Park's Global Reach building is fully let after two leases were signed.
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Purplebricks revises down revenue expectations

Solihull-headquartered online estate agency Purplebricks has revised down its revenue expectations for its current financial year because of the Covid-19 pandemic.
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Hammerson considering rent deferrals as part of tenant support measures

Property giant Hammerson has said it is considering requests for rent deferrals on a case-by-case basis as it attempts to support tenants during the coronavirus outbreak.
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“Resilient” year at LSL

The chairman of LSL Property Services, which operates the likes of Your Move and Reeds Rains, has described new results as "resilient," with revenue and pre-tax profit slipping due to difficult market conditions.
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Strong start for Hunters prior to Covid-19 outbreak

Listed estate agency business Hunters Property has reported a strong start to the year but the coronavirus outbreak is set to have a "material adverse impact" on its 2020 results.
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Manufacturing

MarineSpace appointed to consult on Celtic Sea wind project

MarineSpace has been appointed as lead offshore environmental impact assessment consultant for a wind project in the Celtic Sea.
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Outlook uncertain for Mitchells & Butlers

Total sales at Mitchells & Butlers are down 9.3 per cent for the first 42 weeks of the year. The Birmingham pubco admitted this morning that the short-term outlook for the group was "uncertain".
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Other News

Wales Top 300 Companies Marketing list - Contact the region’s top decision makers

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