Category : Search result: Swansea economy


Swansea University confirms further job losses

Swansea University opens new voluntary exit schemes for staff as it seeks £25m in savings, with compulsory redundancies not ruled out. The UCU warns of potential industrial action.

Christmas Trading: A £91bn Test for UK Economy

The festive period is a crucial economic stress test, with UK retail sales forecast to hit £91bn. Discover how Christmas spending impacts jobs, businesses, and high streets across the nation.

Bank of England cuts interest rate to 3.75%

Prime Minister Keir Starmer welcomes the Bank of England's latest interest rate cut, highlighting government action on the cost of living. Read the full story.

Bank of England cuts interest rates to 3.75%

The Bank of England has cut interest rates for the first time since August, reducing Bank Rate to 3.75% in a tight 5-4 vote. Governor Andrew Bailey cited rising unemployment and moderating inflation. Read the full analysis.

Swansea Farm's Crowdfunder Triples Every Donation

Swansea Community Farm launches a Crowdfunder to upgrade its kitchen and offer free cooking classes. Every public donation is tripled by Swansea Mortgage Advice Bureau, turning £10 into £30. Support mental health and wellbeing in Wales' only city farm.

UK inflation falls more than expected to 3.2%

UK inflation fell sharply to 3.2% in November, the lowest rate in eight months. The surprise drop, driven by food prices, makes a Bank of England interest rate cut highly likely. Read the full analysis.

Sharp Rise in Welsh Unemployment to 6.1%

Unemployment in Wales has surged to 6.1%, affecting 94,000 people, while economic inactivity remains stubbornly high at 24.5%. Explore the latest ONS data and political reactions.

Swansea Council may run its own bus services

Swansea Council leader says the authority should not fear stepping in to run bus services directly as Wales rolls out new franchising legislation, aiming for a unified, reliable network by 2027.

Amazon's Veeqo opens new global HQ in Swansea

Amazon-owned tech firm Veeqo has launched its new global headquarters in Swansea's 71/72 Kingsway, marking a £150m+ investment and tripling its workforce to over 200. Discover how this Welsh success story is driving growth.

Downdetector down in Cloudflare outage

A brief Cloudflare outage took Downdetector and countless websites offline, exposing the global economy's dangerous reliance on a few tech giants. Read the expert analysis.

Wales Development Bank: £1bn Fails High-Growth Firms

As the Development Bank of Wales marks £1bn in investments, analysis reveals its strategy is failing to support the high-growth companies vital for Wales's future economy. A major rethink is urgently needed.

Plaid Cymru plans new Welsh development agency

Plaid Cymru leader Rhun ap Iorwerth unveils plans for a new national development agency to boost the Welsh economy, potentially reviving the WDA brand. Learn more about this key election pledge.

Reeves defends tax rises in Labour Budget

Chancellor Rachel Reeves refuses to apologise for breaking Labour's tax pledge as Budget pushes tax take to record high. Read the full analysis of political reactions.

Reeves' Autumn Budget: Key Measures Revealed

Chancellor Rachel Reeves delivers Autumn Budget with tax changes, NHS funding and economic reforms. Full breakdown of all major announcements affecting UK households.

Tourist Tax Plan for Bristol and Bath Region

West of England leaders endorse a proposed tourist tax on overnight stays to fund transport and local projects. Find out how this could transform the region's visitor economy.

Rachel Reeves Delivers Autumn Budget 2025

Chancellor Rachel Reeves outlines UK economic plans in Autumn Budget statement today. Follow the timeline, tax changes and parliamentary debate schedule.

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