Investment Boost for South Wales Aircraft Seating Business Supports 900 Jobs
A business that designs, manufactures and maintains first and business class aircraft seating is investing for the future at its sites in Newport and Cwmbran, after Welsh Government funding helped support more than 900 existing …
Tata Steel Announcement Fact Checker
In the wake of Tata Steel’s announcement to eliminate 2,800 positions throughout its UK operations there have been a variety of rumours across traditional and social media in terms of the impact of the announcement. …
Tata Steel Executives to Give Evidence on Company’s Decision to Close Blast Furnaces in Port Talbot
Following Tata Steel’s decision to cut 2,800 jobs across its UK branches, the Welsh Affairs Committee is set to conduct intensive scrutiny sessions on Wednesday, 31 January. These sessions will delve into Tata Steel’s resolution …
£300k to Safeguard Future of Paper Packaging Firm in Caerphilly
A paper packaging manufacturer for the food industry in Caerphilly has been granted £300,000 of Welsh Government funding to safeguard 55 jobs and create 10 more. Chevler Ltd in Hengoed makes packaging for bakery, butchery …
Industry and Policymakers Must Collaborate to Maximise the Benefits of Investment Zones
Britain’s manufacturers are set to unlock tax and grant incentives if they embrace Investment Zones, established to drive enterprise growth, innovation and the creation of high-quality new jobs. A new report published today by Make …
Industry Leaders Welcome Critical Imports and Supply Chains Strategy
Industry leaders have welcomed the Government’s new Critical Imports and Supply Chain Strategy, safeguarding UK supplies of critical goods such as medicines, minerals and semiconductors. More than 100 top UK firms, including pharmaceutical and manufacturing …
Tata Steel Announcement a Strategic and Significant Loss to the South Wales Region
In the wake of Tata Steel’s announcement to eliminate 2,800 positions throughout its UK operations, the region is now faced with the challenge of grappling with this severe setback. In a step towards adopting more …
New Research Reveals Current State of Welsh SME Manufacturing Sector
FSB Wales has published a new report Manufacturing Momentum on the future of the manufacturing sector in Wales. The report, written by Professor David Pickernell and colleagues at Swansea Business School at Swansea University looks …
Welsh Business Confidence Ticks Higher, But Output and Employment Fall at Faster Rates
Welsh companies registered a further contraction in new business at the end of 2023, although the rate of decline eased for the second successive month. This is based on the headline NatWest Wales Business Activity …
£1.5 Million for Digital Factory Hub Helping Welsh Manufacturers to Innovate
A pioneering project in Neath Port Talbot to help manufacturers boost productivity and sustainability has been granted £1.5m of Welsh Government innovation funding. High Value Manufacturing (HVM) Catapult Baglan, a joint venture by the UK …
UK Manufacturers Outpacing European Rivals, but Watchful of Global Market
Britain’s manufacturers are viewing the UK as a more competitive place to locate their activities compared to twelve months ago, with an increasing number believing they are moving ahead of their European rivals. However, they …
Children Around the World Enjoy Welsh-made Gifts this Christmas
Welsh toy and bike manufacturers are currently making gifts to load on Santa’s sleigh for delivery all round the world, in part thanks to the UK’s new free trade agreements (FTAs). The UK is a …
£4.5 Billion Funding for UK Manufacturing to Increase Investment in Eight Sectors
The government has announced £4.5 billion in funding for British manufacturing to increase investment in eight sectors across the UK. The funding will be available from 2025 for five years, providing the industry with longer-term …