Today's Wales business news from Insider |
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Wales
Friday 14 August 2020

Latest News

Top Story

Motor group reports a surge in pre-tax profits

Pre-tax profits have surged at a Gwynedd-headquartered motor group, according to new documents. A director at the company has also praised its performance since the outbreak of Covid-19.
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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

Onecom acquires Glamorgan Telecom Group

LDC-backed business telecommunications provider Onecom has acquired the Glamorgan Telecom Group for an undisclosed sum.
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Heat network schemes receive almost £8m funding

Heat network schemes in Bridgend and Cardiff have been awarded just under £8m to support their commercialisation and construction.  
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New lender secures CBILS accreditation

Simply has been accredited to lend under the Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank.
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Business

Round of promotions at Berry Smith

Commercial law firm Berry Smith has promoted five of its team members at its Cardiff office.
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Topps Tiles set for “modest” pre-tax profits

Topps Tiles has said it now expects to report "modest" pre-tax profits for its current financial year which has been impacted heavily by the Covid-19 pandemic.
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Bistrot Pierre sets target date for Covid-19 recovery

Private equity-backed Bistrot Pierre is expecting to return to pre-Covid levels of profitability by 2024 and open a new site every year from 2023, according to a new document. The value of the pre-pack deal to buy the restaurant chain out of administration last month has also been published for the first time.
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CMA raises concerns over funerals sector

A number of concerns have been raised about the funerals industry by the Competitions and Markets Authority (CMA).
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Property

Serviced accommodation building verges on thumbs up

Proposals to construct a new serviced accommodation building in Cardiff is on the verge of receiving the thumbs up. The applicant has committed to contributing more than £100,000 to benefit the local area if the approval is secured.
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Britishvolt appoints project director for battery gigaplant project

Investor in battery technologies Britishvolt has appointed a project director for the construction and implementation of a gigaplant in Bro Tathan, South Wales.
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Affordable apartment scheme nears green light

Plans to demolish an existing building to make way for new affordable apartments in Cardiff is set to receive the green light.
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Member Exclusive News

Aggregate supplier agrees lease at The Port of Cardiff

A supplier of bulk aggregate, sand and decorative stone has signed a new long-term lease at The Port of Cardiff.
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