FAW Records Highest Revenues But Slips Into Loss
The Football Association of Wales reports record £40.5m revenue but posts £3.4m loss due to heavy reinvestment and World Cup qualification disappointment, while planning new 10-year strategy.
The Football Association of Wales reports record £40.5m revenue but posts £3.4m loss due to heavy reinvestment and World Cup qualification disappointment, while planning new 10-year strategy.
Knight Frank reports a 344,882 sq ft take-up of large industrial space in Wales for Q1 2026, up from 2025 but down from Q4 2025, with key deals in Tredegar and Hirwaun.
New research from RenewableUK Cymru indicates overwhelming public backing for renewable energy in Wales, with 71% favoring increased development and 58% wanting a mainly renewable-based energy system, cutting across all political affiliations.
Wil Williams argues Wales needs a radical overhaul of its business support system, which has been ineffective since the WDA was abolished in 2006. He calls for a transparent, decisive approach to boost medium-sized firms and economic growth.
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RecommendedFirst Minister Eluned Morgan commits to strengthening the Development Bank of Wales while dismissing calls for a new Welsh Development Agency, focusing on business support and innovation funding.
Latest ONS figures show Wales' unemployment rate fell to 3.5%, below the UK's 5.2%, though economic inactivity remains high at 25.54%. The statistics agency advises treating estimates with caution due to survey limitations.
British Business Bank research shows a sharp decline in equity deals and business numbers in Wales, contrasting with modest growth in other UK regions.
Giles Thorley, CEO of the Development Bank for Wales, argues that increasing SME housebuilders is crucial to address housing shortages and boost long-term prosperity through strategic investment.
New RICS data shows a 15% net balance rise in homes for sale in Wales in February, but buyer enquiries fell sharply with a -37% net balance, leading to fewer sales and cautious short-term predictions.
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RecommendedA detailed analysis calls for the next Welsh Government to prioritize productivity, entrepreneurship, and business support to transform economic outcomes and create sustainable growth across Wales.
Welsh government introduces buffer speed limits between 20mph and 30mph zones to help drivers adjust gradually, with changes potentially taking effect by early 2027.
The Bengal Dragons Foundation launches a major plastic bottle recycling initiative during Ramadan, targeting 100,000 bottles across mosques in Wales with support from Viridor and Prosiect Gwyrdd.
Rubie Marie was forced to marry a man in his 30s at age 15, suffering daily rape. Now 42, she shares her story to raise awareness and help other survivors of honour-based abuse.
New data reveals Welsh retail is outperforming other UK nations with significant footfall increases in March 2024, offering hope for high streets and shopping centres.
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RecommendedA groundbreaking heritage project preserving the stories of armed forces veterans in Wales receives significant National Lottery Community Fund support, ensuring their experiences are remembered for generations.
Business confidence in Wales has surged dramatically, reaching its highest level in over two years according to the latest Business Barometer from Lloyds Bank Commercial Banking.