Get blogging . Business stories from the Daily Post in North Wales No. 08:45, 24 FEB 2021; Updated 09:40, 26 FEB 2021; Economic Development . Wales is investing an extra £60m into contact tracing COVID-19. SRN is a programme between the UK’s four mobile network operators and the UK Government to extend 4G coverage to 95% of the UK’s geography by the middle of this decade. In North Wales, Anglesey house prices rose by 16% annually to £237,782, while Conwy (£224,068) and Flintshire (£216,224) rose by 13.7% and 13.3% respectively. Please note during the COVID-19 pandemic: If your query is regarding COVID-19 please see our dedicated COVID-19 page for further information.. Due to the increase in enquiries across all of our channels during the latest phase of the Economic Resilience Fund, the Business Wales Helpline opening hours for calls will be 10am – 4pm. We'll bring you all the latest and breaking news from Wales plc - from our thriving life sciences and fintech sectors to manufacturing and financial services. For instance, no one would expect you to write a blog about cars if you’re an online clothing retailer. Our. The FTSE 100 firm, which employs more than 7,000 staff in South Wales and 10,000 globally, tops the Wales Top 300, 2020, as it did last year, having posted revenues of £3.4bn in 2019, a rise of 5% on the previous year. ... Live reaction and updates. Business rates in Wales will not be subject to an inflationary increase in 2021-22 Finance Minister Rebecca Evans has confirmed today. Business Live updates as health minister Vaughan Gething gives the latest coronavirus briefing for Wales – WalesOnline. 71 talking about this. Many aquaculture businesses trading in live bivalve molluscs - such as mussels - have seen a total cessation of trade. Business Break Live. Growing your business? Freezing the multiplier next year will help support around 54,000 ratepayers across Wales, who are not already receiving 100% rates relief. To refine a search you could for example do so by clicking the Swansea Bay City Region option and then all sectors to see the entire list of Top 300 firms from the region. Whether it's an exciting start-up or major employer like Admiral or Airbus, our experienced team has its finger on the pulse of Welsh business and unrivalled access to key decision makers. When you subscribe we will use the information you provide to send you these newsletters. Coronavirus support for businesses can also be found on the Business Wales website. explains more about how we use your data, and your rights. Police in revised statement on Swansea University alleged bribery probe. For example on the region and sectors search functions use the all options, to see the full 300 firms. So for example, if you enter 3 the firm with the third biggest turnover will appear, with the two firms immediately below and above it in the ranking. Markets. Follow @SoundRadioWales. Business Ideas and Innovation . Business rates (non-domestic rates) are charged on most non-domestic properties, including: Skip to main content GOV.WALES uses cookies which are essential for the site to work. Transport strife across England and Wales after widespread power cuts - as it happened Railways, airports and roads affected by outage across large parts of country. These are the full changes and key dates for Wales coming out of lockdown, The First Minister of Wales Mark Drakeford has outlined a number of key dates for opening up Wales in the coming weeks, Welsh hospitality, tourism, leisure and non-essential businesses to receive grants of up to £5,000, A further £150 million has been made available to support Welsh businesses, Police in revised statement on Swansea University alleged bribery probe, The police said it had identified "evidence of potential criminal offending", The big homeworking class divide in Wales, TUC Wales said the big shift in homeworking from the pandemic has mainly benefitted middle class people, Haven creating 5,000 jobs as parks prepare for reopen for 2021 holiday season, The company is taking on staff across its 37 holiday parks around the UK, Welsh Government selects Border Control Post site in Holyhead, Due to Brexit and the deal struck by the UK Government, physical checks are required on certain goods entering the UK from the EU, Women need opportunities at work so society benefits, It will take 112 years for women to achieve salary parity with men even though closing the gap would generate £1.4 trillion into OECD economies, The £12m UK Government loans that are going to cost Wales more than £100m, Economist Gerry Holtham said the Treasury's refusal to allow the Welsh Government to refinance the debt is outrageous, Drink Wales unites producers to provide year-round boost, The group looks continue the work done on a Christmas season campaign that boosted sales for drink producers across the country, Horror game inspire by Welsh folklore passes one million downloads, Maid of Sker, which picked up the Heritage award at last year’s TIGA, the games industry ‘Oscars’, is based on a Welsh ballad and book of the same name, Live updates as First Minister Mark Drakeford reveals lifting of restrictions in Wales, He has signalled a cautious and phased lifting of restrictions, Welsh Government lockdown update on hairdressers, shops, garden centres and non-essential sales, Mark Drakeford will announce 'stay local' advice while golf clubs will also get to reopen from Saturday, Retail reopening in Wales could be 'staggered' to tie in with England's plans say sources, Sources says that there is caution over Wales reopening stores and close contact services well ahead of those in England, Founder of one of Wales' most successful ever firms joins WRU board, Henry Engelhardt and Royal London Asset Management executive Catherine Read join as new independent non-executive directors, Wales’s Brexit and Covid hit fishing and aquaculture sector to get extra support, The new Welsh Government fund will be in addition to UK Government support for the sector, Wales Land Transaction Tax extension gives 'breathing room' to get deals over line, Welsh Government extended Land Transaction Tax in Wales following a similar extension to Stamp Duty in England, Former F1 owner CVC takes £365m stake in the Six Nations, CVC also has investments in the Premiership and Pro14, The £135m Caernarfon bypass project is on schedule, The bypass from Goat roundabout on the A499/A487 junction to the Plas Menai roundabout is due to open next year, The Caerphilly healthcare firm that's seen orders soar through the pandemic, Direct Healthcare Group is also planning more acquisitions, Wales lockdown: Key dates and decisions as Welsh Government cabinet meets to discuss restrictions, Mark Drakeford will give an update on the latest 21 day review on Friday, How the Humber's carbon capture and storage ambition could aid industrial clusters elsewhere, Harmful emissions could be abated on the South and West coasts and shipped for storage under the North Sea, Redrow housing scheme plans on former school site in Newport, Subject to reserved matters approval work will start later this year, International Women's Day 2021: 46 inspirational British business women, The BusinessLive team has profiled top women in business from across the UK, International Women's Day: 46 rising stars you should know about, Here the BusinessLive team takes a look at 46 women who are making their mark on their respective industries, Admiral sees pre-tax profits soar to more than £600m, Some 10,000 staff will now each get £3,600 in shares on the strong performance, Cardiff coffee chain Milk & Sugar to open new eco retail store, The new store from the Independent cafe operator is the latest development on Pontcanna Street in the capital city, Marston's acquires a string of Brains pubs, It follows a deal last year to lease 156 Brains pubs from SA Brain &Co, Welsh restaurant group hits out at funding snub for small operators, Latest Welsh Government funding for hospitality left out those who employ under 10, Metro Bank's commitment to Welsh language gets official recognition, It has been praised by Welsh Language Commissioner Aled Roberts, Founder of one of Wales' most successful firms stands down, Matt Southall has stood down as MD of Acorn Recruitment which he founded in 1992, Development Bank of Wales with £1bn investment plans, But it will not be reducing its interest rates to match its £100m Covid loan fund, Terms of Welsh Government's £100m Covid loans scheme under review, The now fully invested fund is being managed by the Development Bank of Wales, Bangor University lecturer develops latest alien planet 'shooter' game for Oculus Quest headset, Llŷr ap Cenydd, from the School of Computer Science and Electronic Engineering has created Crashland, South Wales identified as one of the UK's leading fintech clusters that can help power the recovery, The UK Government commissioned Kalifa review has outlined how the sector can become been bigger, The man behind plans for a 'big bang' in the UK's fintech sector in Q&A event, Ron Kalilfa will take part in an Q&A online event from FinTech Wales, BT Group supports more than 12,000 jobs in Wales, Its combined activities contribute really £1bn to the Welsh economy, Mobile giants to build shared 4G masts in Pembrokeshire, Snowdonia, Powys and the Brecon Beacons, O2, Three and Vodafone will partner to build and share 33 mobile phone masts in Wales, Plans for 900 new home mixed-use urban village for Pontypool gets funding boost, Lloyds has provide a new £16m funding line to Johnsey Estates for its expansion plans for Mamhilad Park Estate, Historic Ruthin Castle Hotel goes up for sale again, The Grade II Listed property in Denbighshire was last sold in 2019 to new investors, Major housing scheme plans for Aberavon seafront, Persimmon has entered into a provisional agreement with Neath Port Talbot Council for the former Afan Lido site, Village Bakery creating 115 jobs in Wrexham after major investment from private equity firm, Village Bakery is being backed by Limerston Capital and plans a major expansion, Morgan Sindall to deliver new Welsh language primary and nursery school in Pontypool, The project at the existing Ysgol Gyfun Gwynllyw will be completed by next March, Liberty Steel says it has adequate funding despite collapse of main funder, Sanjeev Gupta said he was exploring refinancing options after Greensill went into administration, Leading aerospace and defence business to expand following seven-figure investment, Caerphilly-based AerFin will use the funding from the Development Bank of Wales to fund an expansion into its end of life programmes for both aircraft and engines, Unions seeking assurances from Sanjeev Gupta over future of UK steel interests, Mr Gupta's main backer in Greensill has filed for administration, Digger-maker JCB to close pension scheme in move affecting 1,100 UK workers, Union representatives at GMB say the closure of the Lifeplan scheme is a "tragic decision", This is why we still need International Women's Day, When the World Economic Forum says it could actually take at least another 100 years to achieve gender parity, Angharad Neagle, chief executive of Freshwater, argues it is as important as ever, The Development Bank of Wales needs to reduce interest rates to support the recovery, The Welsh Government's new recovery strategy lacks a focus on productivity, Why critical thinking will be in such demand in the workplace of tomorrow, Many jobs though will be permanently lost to automation and AI, What the public sector needs to do for the hard hit Welsh food and hospitality sector, Extending supply contracts by two years would help for one, In this 'new normal' our high streets will never be normal again, Local councils, the Welsh Government and businesses need to work together to ensure people want to return to city and town centres. To date, very few of these firms have been involved in the plans for implementing the City deal funds and ensuring their involvement is maximised could be the catalyst for growth over the next decade. 64 talking about this. This year's top four firms, namely Admiral, Iceland GE Aircraft Engines and Redrow, account for 25% of total turnover. Castles, castles, castles. … Starting up and Business Planning . birminghampost. As a business based in the heart of Wales, delivering and innovating to the honey sector, it provides a natural, healthier alternative to refined sugars. The determining factor again for inclusion is latest year end revenues. Owen Hughes Daily Post Business Editor. Business stories from the Daily Post in North Wales You can unsubscribe at any time. All the information, advice and guidance you need. Search the website . With no political views or editorial agenda, our goal is to create the number one based source of business news in Wales, creating a level playing field for every business no matter of its size. Read more You just need then to click on a firm to get financial details such as latest revenues, profit margin and number of employees, as well as figures for the previous financial year. 21. "Whilst the number of larger firms in the Swansea Bay City Region has increased since last year, they are still underrepresented and whilst the focus has rightly been on developing digital infrastructure, there may also need to be an increased focus to boost the potential of those SMEs that could grow bigger in the next few years. Welcome to Business Wales. Finance . Welsh fishers have suffered severe trade disruption. Welcome to BusinessLive Wales - your new home for business news. Prof Jones Evans said: "Given that the Cardiff Capital region has 43% of Wales’ businesses, there is a clear predominance of larger firms in this part of Wales. Something went wrong, please try again later. Follow @SoundRadioWales. Writing a blog doesn’t mean you suddenly have to become a leading authority on something outside of your business area. Plus the latest news from Manchester United, Everton FC, Liverpool FC and Wrexham FC. Economy minister Ken Skates said the proposed reorganisation could be “detrimental” to the region’s cross-border connectivity. Non-essential cookies are also used to tailor and improve services. Indigo Telecom Group Ltd (Caldicot) Established: 1997 | Growth (2017-2019): 188.7%. 48 talking about this. Superfast Business Wales will show you five ways you can effectively market your small business online. EE upgrading phone masts across Wales as part of the Shared Rural Network, Phone mast in Snowdonia (Image: EE) Sign up to FREE email alerts from BusinessLive - Wales Subscribe. If your enquiry is such that enables us to provide you with support then we will retain this information and process any personal data under the authority vested in us to help develop economic growth in Wales. With no political views or editorial agenda, our goal is to create the number one based source of business news in Wales, creating a level playing field for every business no matter of its size. 13:41, 10 MAR 2021; Updated 14:23, 10 MAR 2021; Economic Development. Business News Wales' business news is moving to new website, covering everything from manufacturing to technology, retail and commercial property. Business stories from the Daily Post in North Wales We're a free service that provides impartial, independent support and advice to people starting, running and growing a business in Wales. Welcome to BusinessLive Wales - your new home for business news. "Indeed, even a modest 5% growth per annum in turnover and employment could result in an extra £15bn of turnover and 60,000 extra jobs by 2030. We'll bring you all the latest and breaking news from Wales plc - from our thriving life sciences and fintech sectors to manufacturing and financial services. 97 talking about this. Going on holiday is not one of the permitted reasons to travel under the Regulations at alert level 4, whether that is in Wales… The data for the Wales Top 300, 2020 has for the fourth successive year been collated in partnership with Professor Dylan Jones-Evans of the University of South Wales Business School. The manufacturing sector generates the biggest revenue contribution with revenues of £14bn. The latest BBC Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into UK and global markets. You can also search in the main function box by a company name or ranking number. Business Rates Relief Rate Relief The Welsh Government intend to extend the Retail, Leisure and Hospitality Rates Relief scheme for properties up to a rateable value of £500,000 in Wales … Without a direct rail link … The FTSE 100 firm, which employs more than 7,000 staff in South Wales and 10,000 globally, tops the Wales Top 300, 2020, as it did last year, having posted revenues of £3.4bn in 2019, a rise of 5% on the previous year. Including live blogs, video and more from the BusinessLive team. When you subscribe we will use the information you provide to send you these newsletters. Your Wales business news will have a new online home next month as we launch an exciting new business website. A family face financial ruin after finding out holiday cottages are classed as 'second homes' in Wales. Follow the latest news Business structure in Wales 2 Industry analysis 4 Foreign ownership 8 Sub-Wales analysis 9 Key quality information 11 . Businesses in one market town say they are lacking detail over when they will be allowed to reopen. Geoff Stevenson brings you 2 hours of light hearted North Wales business chat and music every Wednesday after from 1pm until 3pm. IT . Get the latest news, in-depth analysis and advice on all business across the UK. 2 1. Business structure in Wales There were an estimated 267,000 enterprises active in Wales in 2019, the highest estimate since the start of the series in 2003. Business stories from the Daily Post in North Wales "That will be seen next year when businesses submit their accounts for 2020 and we will get a fuller picture of how the pandemic has affected turnover and jobs within the largest Welsh companies and, more relevantly, in key industries across the economy. By continuing to … 49 talking about this. Hull Live Business Awards 2020 event saw 15 accolades delivered in online ceremony. Wales has 17 counties on the priority list for funding from the scheme that has come under fire for 'undermining democracy' business-live.co.uk The Welsh counties on - and off - the UK Government's Levelling-Up Fund priority list Click here to sign up to receive regular emails straight to your inbox. LIKE our Facebook and Twitter to keep up to date with the latest from Sound Radio Wales. 66 talking about this. Share ; Comments; By. "Utilising the latest data from Companies House, we have compiled a list of the largest Welsh businesses and examined their impact on the Welsh economy in terms of employment and sales. Business Break Live. This year's 300 firms generated collectively annual revenues of £39bn, while employing 161,000 staff. The sector in Wales - whose largest export trading partner is the EU- has been hit hard by the UK/ EU Trade and Co-operation Agreement (TCA) which came into force January 1. Business stories from the Daily Post in North Wales You can use the widget to search to see the full list, or by searching by a particular sector or region. The 35 under 35: These are the top young business and professional women in Wales 2020, The 35 under 35: These are the top young business and professional men in Wales 2020, These are the fastest growing companies in Wales, Extra bank holiday in 2021 to replace Easter would bring 'cash injection' to hospitality industry, says SWBC boss, Prime Minister Boris Johnson has announced his route out of lockdown but under the plans hotels, restaurants and pubs will still be closed over the Easter weekend, The £135m Caernarfon bypass project is on schedule, The bypass from Goat roundabout on the A499/A487 junction to the Plas Menai roundabout is due to open next year, New Kirkby train station plans get £66m boost as proposals move a step closer, Proposals include 300 park and ride spaces as well as a bus interchange and step-free access, The 20 richest owners in English and Scottish football – and where they sit on the global sports stage, Between them the 20 UK club owners – a high number of them from overseas – are worth almost £60 billion, New velodrome and zip wire tower in plans to transform Cardiff Bay's Sports Village, There are also plans for a one kilometre closed loop circuit for runners, cyclists and roller bladers, Support offered to Leicester’s textile manufacturers following months of negative headlines, Leicester employs something like 10,000 people in fashion and textiles, working within around 1,500 businesses, Demolition work starting ahead of phase one of Derby’s £200m Becketwell regeneration scheme, Former Central United Reformed Church and properties in Victoria Street being brought down for 100s of new homes, Welsh hospitality, tourism, leisure and non-essential businesses to receive grants of up to £5,000, A further £150 million has been made available to support Welsh businesses, How the Humber's carbon capture and storage ambition could aid industrial clusters elsewhere, Harmful emissions could be abated on the South and West coasts and shipped for storage under the North Sea, Police in revised statement on Swansea University alleged bribery probe, The police said it had identified "evidence of potential criminal offending", Graduate's delight after private message to Social Chain founder Steven Bartlett leads to job offer 10 minutes later, 'This one act stood out more than the 500+ CVs I've received this week', Welsh Government lockdown update on hairdressers, shops, garden centres and non-essential sales, Mark Drakeford will announce 'stay local' advice while golf clubs will also get to reopen from Saturday, Masterplan unveiled for £360m mixed-use Birmingham project, Curzon Wharf would contain the city's tallest building if built as planned and have almost one million sq ft of commercial space alongside residential accommodation, The factories making AstraZeneca, Pfizer and other Covid-19 vaccine in the UK, Millions of doses of Covid 19 vaccines are being made in the UK, Fashion pioneer Hirestreet triumphs in top awards after pivoting in pandemic, The firm is launching a new platform to allow all fashion retailers to offer rental as an option for shoppers, Premier League set to lose up to £2 billion from Covid-19, It is a year since crowds last attended top level football matches in England, Haven creating 5,000 jobs as parks prepare for reopen for 2021 holiday season, The company is taking on staff across its 37 holiday parks around the UK, These are the full changes and key dates for Wales coming out of lockdown, The First Minister of Wales Mark Drakeford has outlined a number of key dates for opening up Wales in the coming weeks, £860m 'new deal' for South Yorkshire agreed by mayor Dan Jarvis, Sheffield City Region mayor Dan Jarvis said the mayoral authority will borrow £500m against future devolution payments to help fund job creation schemes, Northern Ireland Executive gives charities £7.5M Covid boost to weather downturn, The money will be distributed among 300 charities to a maximum of £75,000 each, UK exports fall to lowest level on record and UK economy shrinks in January, new figures show, Officials have warned that the January export figures could be distorted by stockpiling, but business leaders have expressed concerns, Cabot Circus and Brent Cross shopping centre owner Hammerson sees profits plunge, Chief executive Rita-Rose Gagne said the company had been "hit hard" by the Covid-19 pandemic, Manchester United's co-chairman to make about £71.5m in share sell off, Avram Glazer's stake will drop to about 10%, Royal Mail to trial Sunday parcel delivery service for major retailers, The parcel delivery firm said it delivered an 'unprecedented' 496 million parcels in the last quarter of 2020, Nissan to treble renewable energy with new Sunderland solar farm extension, Proposal would generate enough renewable power to build every Nissan Leaf sold in Europe, Two Nottinghamshire sites now being considered for world’s first nuclear fusion power plant, West Burton A power station, near Retford, joins Ratcliffe-on-Soar power station as possible East Mids locations. Wales is known for its unique Celtic culture, the Welsh language, and its rugged coastline, offering delightful beaches, coves and the extensive Wales Coast Path. New business and investor migrants We offer a competitive and compelling location for potential entrepreneur visa applicants. Marketing . This year the 300 firms generated combined annual sales of £39bn, against a total turnover for all firms in Wales of £123bn. A valuation estimates it could be worth less than a third of the £52m Welsh ministers bought it for. Welsh Government has been questioned why it hasn't been following the figures from its own control plan. 48 talking about this. Covid 19/ coronavirus tier 4 … North Wales could lose its direct rail links with Manchester Airport under rail route proposals.