,
Egni Co-Op Breaks £4m Mark in Solar Share Offer
Egni Co-op has announced it has passed the £4m mark for its community share offer. Egni has installed 4.3MWp on 88 sites across Wales including schools, businesses and community buildings. Co-Director, Dan McCallum, said: “We …
,
Business Accelerator Supports Young Entrepreneurs in Wales with £250,000 Startup Grants
A business accelerator that supports budding entrepreneurs is offering £250,000 to young people across Wales who want to grow a digital business. The sought-after scheme from TwinklHive provides grants and mentorship to individuals aged 18 …
,
Funding Packages Announced for Green Industries in Wales
The £166.5 million funding package announced today will develop technologies in carbon capture, greenhouse gas removal and hydrogen, while also helping find solutions to decarbonise the UK’s polluting sectors including manufacturing, steel, energy and waste. …
,
One Month Left to Join VAT Deferral New Payment Scheme
Businesses that deferred VAT payments last year have one month left to join online to pay in monthly instalments under the VAT Deferral New Payment Scheme. The online portal for the new payment scheme closes …
,
Bron Y Wendon Caravan Park Under New Ownership
Bron Y Wendon Caravan Park, is under new ownership after a £3.625 million investment supported by Barclays. The site offers 20 static holiday caravan pitches, 139 seasonal touring pitches and 9 cottages close to the …
,
UK Government’s Plans to Turn Wales into a Green Industries Hub
Secretary of State for Wales Simon Hart has outlined the UK Government’s ambitious plans for Wales which aim to deliver thousands of skilled jobs and ensure Wales’s place as a hub for innovation and the …
,
Rules of Origin Webinar Available for Welsh Businesses
As lockdown ends and businesses start to reopen, traders in Wales are being encouraged to watch HMRC’s new webinar on Rules of Origin. This webinar will help traders ensure they’re taking advantage of the preferential tariff …
,
UK Government Approves Evolution of Cardiff Capital Region Following Successful Gateway Review
The UK Government has approved the next five years of funding for the Cardiff Capital Region City Deal, following a successful Gateway Review that highlighted “a number of significant successes across the Deal to date”. …
,
AB Glass Expands Production Capacity with Six-Figure Investment
AB Glass, the award-winning architectural aluminium and access control specialist, has completed a significant investment that will increase its production capacity by 35% as it gears up for a boom in new work and projects. …
,
Welsh Business Activity Rises at Sharpest Pace on Record
The headline NatWest Wales Business Activity Index – a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors – registered 60.7 in April, up notably …
,
Freshwater Resumes Hunt for Acquisitions after strong Trading Period
Freshwater UK has enjoyed a strong recovery from the impact of the COVID-19 downturn and seen trading in the first-half of its 2020-21 year surpass its pre-pandemic level. The Cardiff and London based communications group …
,
Index Reveals Wales is 9th Most Prosperous Region in the UK
Today the Legatum Institute is publishing a brand-new UK Prosperity Index. It uses 256 indicators based on the latest available data (predominantly from before Covid-19 struck) to provide a comprehensive assessment of institutional, economic, and …
,
Newport Based Fashion Platform all Set for its Next Investment
Fashion reseller Loopster, the UK’s only fast-growing managed marketplace for pre-loved fashion, has opened its second funding round to drive further growth in revenue and jobs. Loopster, which launched in 2017, secured a six-figure seed …
,
New Operations Manager for Accelerated Growth Programme
Business Wales’ Accelerated Growth Programme has appointed Siwan Rees as its new Operations Manager. Siwan, 37, joins the Accelerated Growth Programme (AGP) from the NatWest Entrepreneur Accelerator, where she was responsible for supporting businesses across …
,
Further Financial Support Announced for Welsh Businesses
Businesses in Wales still affected by coronavirus restrictions will be able to claim up to £25,000 more in support to help meet ongoing costs, First Minister Mark Drakeford has announced. This next package of business …
,
New Owners of Hensol Castle Distillery
The Leekes Retail & Leisure Group, owners of Leekes, the Vale Resort and Hensol Castle in south Wales, have become the sole owners of Hensol Castle Distillery following a buy-out of the minority shareholder. Original …
,
HMRC Advises Businesses Importing Goods from Europe
HMRC gives advice to businesses that trade with the EU on making delayed import declarations. HM Revenue and Customs (HMRC) is offering advice to traders in Great Britain on how to submit their delayed customs …
,
Why are Employee Ownership Trusts Growing in Popularity in Wales?
By Andrew Evans | Geldards The use of employee ownership trusts (EOTs) to transfer ownerships of companies is becoming increasingly popular in Wales. Originally launched in 2014 as a tax-efficient way of transferring ownership of …
,
A Decade of Opportunity Ahead for a UK Accountancy Profession that’s at a Turning Point
A decade of opportunity for Generation Z accountancy professionals and their employers is predicted by ACCA (the Association of Chartered Certified Accountants) and IFAC (the International Federation of Accountants) in a new report published today …
,
How to Spot a Resilient Business
By Douglas Grant, Managing Director of Conister, part of AIM listed Manx Financial Group PLC (AIM: MFX). The last year has shone a spotlight on the long-term future of the UK’s business sector, its reliance …
,
UK Economy to Grow at Fastest Rate in More than 70 years
The UK is set for the strongest growth since the second world war according to the Bank of England. The Bank has now raised its estimate for UK GDP growth to 7.25% in 2021, up …
,
Fire Protection Specialists Announce Management Buy-Out of Family Business
The founding Director of Cardiff based fire protection specialist company R Lewis & Co (UK) Ltd has announced a vendor initiated management buy-out (VIMBO) after 25 years in business. Established in 1997 by Roger Lewis, …
,
£3 Million Investment for Rhos Farm Caravan Park
Rhos Farm Caravan Park, is under new ownership after a £3 million investment supported by Barclays. The 40-acre site offers 115 static holiday caravan pitches, seasonal touring pitches & camping within walking distance of Red …
