Today's Newport and Gwent business news from Insider |
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Newport and Gwent
Friday 7 December 2018

Latest News

Top Story

Half-year profits pass £750k at CH Bailey

Listed property and engineering company CH Bailey, which is headquartered in Newport, has driven half-year profits past £750,000 despite one of its five star hotel properties in South Africa being hit by fire.
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Insider Feature
Feature 1

Business Matters: Fix it, sell it or close it?

Bethan Evans, insolvency partner at Menzies, says it is important for small business owners to seek professional advice when facing the early signs of financial distress.
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Deals

Five companies considered for £1m GovTech loneliness project

Five companies in Monmouthshire are being considered for a digital project aimed at addressing loneliness in rural communities, with two companies to be selected for grants of up to £1m.
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Renewable energy projects to get £9.5m EU funding

Two renewable energy schemes, set to benefit Blaenau Gwent and Caerphilly, are to receive £9.5m in EU funding.
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CMA clearance for confectionery deal

The Competition and Markets Authority (CMA) has cleared Valeo Foods Group's takeover of the confectionery manufacturer and distributor behind brands such as Barratt, Fruit Salad, Jamesons and Princess.
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Insider Feature
Feature 2

Business Matters: Limited liability - nothing to fear?

Gavin Hoccom, senior associate at Berry Smith, considers the implications for directors and shareholders following a recent decision of the High Court in relation to the use of a limited company to avoid payment to a building contractor for construction works.
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Business

Jobs lost at GoCompare’s Newport headquarters

A number of staff are to be made redundant at GoCompare's headquarters in Newport as the company looks to reposition its business.
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Mark Drakeford becomes Welsh Labour Leader

Finance secretary Mark Drakeford has been elected as the new leader for Welsh Labour in the place of outgoing First Minister, Carwyn Jones.
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Record year for BGF in South West and South Wales

BGF has invested in a record number of businesses headquartered in South West of England and South Wales.
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Compensation and higher costs hit Network Rail

Network Rail slipped to a pre-tax loss in the first-half of its financial year after being impacted by increased compensation charges, higher costs and lower property revaluations. However, revenues increased.
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Insider Feature
Feature 3

Business Matters: From classroom to computer - online MBA, an exciting story of growth

Dr Daniel Chicksand, programme director at the University of Birmingham, talks about the growth and success of the online MBA.
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Property

Ground broken at £7.5m housing development

Ground has been broken at a £7.5m housing regeneration scheme in Newport.
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Proposed quarry to go before public inquiry

Plans to quarry a former spoil heap at an open cast coal mine for aggregate are to be brought before a public inquiry.
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Manufacturing

£400m funding to support Dreadnought jobs

Defence secretary Gavin Williamson has announced a £400m funding boost for the Dreadnought programme, which will safeguard more than 8,000 jobs in Barrow and across the UK.
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Other News

Wales Top 300 Companies Marketing list - New 2018 Edition now available

Member Exclusive News

Former care home to be demolished

A former care home in Newport is set to be demolished and replaced with two houses after plans were approved.
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