Established SMEs Drive Welsh Private Sector Jobs
New Oxford Economics research shows established SMEs in Wales account for 44% of private sector jobs, outpacing UK average by nine points, despite being only 22.8% of businesses.
Category : Business Investments
Ovo Energy Fined £10.4m for Vulnerable Customer Failures
Ovo Energy will pay £10.4m after Ofgem found it failed to protect vulnerable prepayment meter customers, risking harm. The firm accepts historic processes fell short.
Bernicia Secures £100m for 1,000 Affordable Homes
Housing association Bernicia secures £100m funding from Barclays to build up to 1,000 affordable homes as part of its £400m five-year strategy.
Adra Secures £20m Funding Deal with Principality for Homes
Housing association Adra has secured a new £20m funding facility from Principality to upgrade housing stock and build over 200 new affordable homes across North Wales.
South Wales compound semiconductor cluster: global lead at risk
Dr Wyn Meredith urges the new Welsh Government to act fast to secure the future of the world's first compound semiconductor cluster in South Wales, which supports 3,140 high-wage jobs and £436m GVA.
Revised Plans for Former Yeo Valley Site in Cheddar
New proposals for the former Yeo Valley campus in Cheddar include 56 homes, a nursery, commercial space, and a 66-bed care home, with decisions expected by Christmas.
Love Island 2026's Jasmine Müller: Age, Job, Instagram, Ex
Meet Jasmine Müller, Love Island 2026 contestant. Discover her age, job as a fashion label co-founder, Instagram, and her ex-boyfriend, Premier League footballer Héctor Bellerin.
Rachel Reeves confirms £20 monthly charge for average drivers
Rachel Reeves has announced a £20 monthly charge for drivers with average mileage under a new pay-per-mile car tax system, sparking concerns over fairness for rural motorists.
Ocado to Take Over Asda's Online Grocery Delivery from 2027
Ocado shares surge 13.3% after landmark deal to take over Asda's home delivery operations from 2027, replacing and upgrading e-commerce infrastructure.
S&W Doubles Manchester Office at Pall Mall
Accountancy firm S&W has opened a larger Manchester office at Bruntwood SciTech's Pall Mall, doubling its city footprint to support growth in the North West.
Manchester City Plans Housing and Business at Derelict Site
New plans for 126 apartments and ground-floor businesses at a derelict Northern Quarter site in Manchester, with at least 20% affordable homes via Manchester Living Rent.
Burger King UK Signs Wind Farm Power Deal
Burger King UK partners with Alaska Wind Farm and Evolve Energy to supply renewable power to restaurants, supporting sustainability and Net Zero goals.
Lloyds Bank £65M Package to Upgrade 40,000 Homes
Lloyds Banking Group announces a £65 million finance package with Amplius to upgrade 40,000 homes across the Midlands, East and Southeast of England, including a green retrofit loan backed by the National Wealth Fund.
Aldi Lists 124 Sites for New UK Supermarkets
Aldi has unveiled 124 locations across the UK where it aims to open new supermarkets, inviting customer feedback on priority areas until June 18, 2026.
41 EVs Eligible for £1,500 Grant with Two New Fords
The government's Electric Car Grant now covers 41 models, including two new Fords. Buyers can get up to £1,500 off eligible zero-emission vehicles until 2030.
£1m Regeneration for Blackpool's South Shore
Blackpool South MP Chris Webb and council leader Lynn Williams have secured £1m from the government's Pride in Place Impact Fund for South Shore regeneration, focusing on youth, businesses, and community spaces.
Cardiff Capital Region £50m Fund Nears Full Investment
The Cardiff Capital Region's £50m Strategic Sites and Premises Fund is close to being fully deployed, having committed £58.7m to projects across south east Wales, supporting jobs and development.
HS2 Delays Deeply Frustrating for Birmingham Businesses
Lyle Bignon, Birmingham's night time economy ambassador, calls for stronger support for businesses hit by HS2 disruption, as delays push opening to 2036.
South West Firms Halt Investment Over Iran War Uncertainty
Mid-sized businesses in the South West are pausing investment due to global political uncertainty from the Middle East conflict, with supply chain pressures and higher costs being key challenges.
Chancellor Backs Liverpool Regeneration Projects
Chancellor Rachel Reeves announces government funding for key Liverpool city centre regeneration projects, including Pall Mall Gardens and Martins Bank Building, aiming to create over 2,500 jobs.
Aldi Wins Best Value Brand of the Year by Which?
Aldi has been named 'Best Value Brand of the Year' by Which?, praised for consistently providing high-quality, budget-friendly options amid rising cost of living.
£3.8bn War Chest to Boost West Midlands Regeneration
A £3.8 billion Future Fund has been announced to accelerate regeneration and housing in the West Midlands, aiming to create jobs and attract private investment.
Blues' Revenue Strategy: Key to Championship Ambitions
Birmingham City's revenue growth under Knighthead is crucial as new Squad Cost Ratio rules limit spending to 85% of revenue. Blues aim for top-eight finish.
Aldi Seeks Public Help for New Store Locations
Aldi invites the public to suggest locations for new UK stores, investing £370m in 2026. Submit by June 18 to help bring affordable food to more communities.
Birmingham Sports Quarter Gets £11bn Boost, Thousands of Jobs
West Midlands Mayor launches UK's biggest Mayoral Development Corporation to accelerate £11bn regeneration of East Birmingham, creating 50,000 jobs and 20,000 homes.
Port of Milford Haven Posts Strong 2025 Results
The Port of Milford Haven reports 11% tonnage growth and £18m investment in 2025, with turnover reaching £45.2m and a record apprentice intake.
West of England £17bn investment pitch at UKREiiF
Mayor Helen Godwin and leaders promote the region's £17bn growth potential at UKREiiF, highlighting transport, housing, and economic expansion.
Ryanair Fuel Crisis Advantage Over Rivals
Ryanair says it is better prepared for the European jet fuel crisis than competitors, with 80% of fuel hedged at $67 per barrel while market prices exceed $150.
Cornwall Tin Mine Secures £52m to Revive South Crofty
Cornish Metals has secured £52m from the National Wealth Fund and Vision Blue Resources to restart tin production at South Crofty, aiming for 2028.
North West Projects Join Investment Masterplan at Summit
Four major North West innovation zones are part of a new blueprint unveiled at the Great North Investment Summit, backed by Chancellor Rachel Reeves, aiming to unlock prosperity and create thousands of jobs.
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