Category : Economic Growth


Welsh Lib Dems Call for Dedicated Industrial Strategy

The Welsh Liberal Democrats urge the next government to implement a distinct industrial strategy to support heavy industry and manufacturing, which constitutes 15% of Wales' economy, addressing challenges like energy costs and skills shortages.

Starmer: UK Economy at Risk from Extended Iran Conflict

Prime Minister Keir Starmer warns that the longer the Middle East conflict persists, the greater the economic risk to the UK, despite current resilience. Oil prices surge above $100 a barrel, impacting markets and inflation forecasts.

North West Leaders Cautious as Reeves Defends Economic Plan

Business leaders across the North West remain cautious following Chancellor Rachel Reeves' spring statement, warning of insufficient measures against potential oil price shocks and Middle East turmoil despite government confidence in its economic strategy

Energy Giants Unite for Humber Hydrogen Network

National Gas, Centrica, Equinor and SSE Thermal form consortium bidding for £500m government funding to develop UK's first integrated hydrogen network in Humber region, promising job creation and economic transformation.

West Midlands India Trade Mission Targets Economic Boost

A high-level West Midlands delegation led by Mayor Richard Parker is embarking on a six-day trade mission to India, aiming to strengthen economic ties, attract investment, and create jobs following the UK-India Free Trade Agreement.

Mitsubishi Invests in Woodsmith Mine, Boosting Job Hopes

Mitsubishi Corporation has taken a stake in the Woodsmith Mine project near Whitby, raising hopes that the development can resume fully after Anglo American cut investment in 2024, potentially creating hundreds of jobs in North Yorkshire and Teesside.

Wales Fund's Record £3.5m Deal with Advantiv

The £130m Investment Fund for Wales has completed its largest equity investment to date, injecting £3.5m into industrial services firm Advantiv to support expansion and job creation across South Wales.

Anglesey Freeport Project Gets £3.48m Growth Deal Backing

A major employment scheme at Anglesey Freeport has secured £3.48m from the North Wales Growth Deal. The £19.1m Freeport Gateway project will create 72,000 sq ft of new space, supporting 233 jobs and generating £65.4m in economic impact by 2036.

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