Live updates

IT firm promises 100 jobs

Credit: Simon Chavez/DPA/PA Images

Information technology company Capgemini is planning to expand its operation at Treforest with a £17.1m investment aiming to bring 100 jobs.

The site will become the firm's primary centre for security sensitive projects for the private and public sectors.

The investment is over the next five years and is backed by Welsh Government Business Finance funding.

This is excellent news and I am delightedCapgemini is expanding its operations in Wales. Capgemini is a global IT brand that will bring high quality, well paid, and specialist technical development roles to the region. Capgemini’s decision to base this new operation in Wales sends out a very strong message about the expertise and availability of high level skills in Wales.

– Edwimna Hart AM, Economy Minister

750 jobs safeguarded by Ford Bridgend engine deal

Motor giant Ford will invest £181m to produce a new generation of engines at its factory in Bridgend, safeguarding 750 skilled jobs.

More than 19 million engines have been produced at Ford's Bridgend plant since 1980.

Production of the new technologically-advanced fuel-efficient petrol engines is due to start in late 2018.

The Welsh Government has contributed £14.67m investment, and says it is "delighted" with the deal.

Ford’s decision to manufacture its new innovative engine here in Wales is a tribute to the reputation of the local management team and the quality and loyalty of the Welsh workforce and will safeguard more than 750 skilled Welsh jobs for many years.

– Edwina Hart, Welsh Economy Minister


£12.5 million announced for superfast broadband

Credit: Rui Vieira/PA Wire

A new £12.5 million programme has been announced by the Welsh Government to make sure businesses across Wales 'maximise the benefits of superfast broadband.'

It says Wales already leads the way among the UK’s devolved nations with with 79 per cent of premises now able to access it.

Now it hopes a five-year programme will help small and medium sized businesses adopt and exploit superfast broadband services.

It follows projects in Gwynedd, Rhondda Cynon Taf, Swansea and Blaenau Gwent.

We are making tremendous progress in bringing superfast broadband across Wales. To reap the maximum economic benefit from this investment it is simply not enough for businesses to take-up superfast broadband.

To take full advantage of the superfast enabled technologies businesses need to use them to change and improve the way they work.It is not just about doing things quicker, it is about doing things smarter.

– Julie James AM, Deputy Minister for Skills and Technology

£46m 'to boost infrastructure and the Welsh economy'

Some of the money will fund training facilities at Airbus. Credit: Peter Byrne/PA Archive/PA Images

The Welsh Government has announced a package of over £46 million capital investment during 2015-16 which, it says, will boost infrastructure, skills and promote economic growth across Wales.

£2.7 million will be in invested in Airbus and Aerospace training facilities for high level training and on-going support for aerospace manufacturing.

North Wales is also set to benefit from an investment of £2.7 million for transport developments. This includes investment in the Llangefni Link Road and the Northern Gateway Highway Infrastructure.

£33 million will be allocated to support businesses across Wales.

The need for targeted investment in infrastructure is well rehearsed and is central to the priorities set out in our Wales Infrastructure Investment Plan.

Infrastructure investment is one of the main contributors to growth and jobs and has a positive impact on the economy.

– Jane Hutt AM, Finance Minister

Northern Powerhouse opportunity for Wales says minister

Alun Cairns MP Credit: Conservative party

A Wales Office minister is to tell businesses in North Wales to put politics aside and 'seize the opportunity' offered by the UK Government's 'Northern Powerhouse' plans.

The project will see powers and incentives devolved to local authorities across the North of England.

But the Wales Office minister Alun Cairns will tell a dinner of CBI North Wales this evening that it will benefit Welsh businesses too.

In his speech he's expected to say that companies should ignore 'political tensions' around the plans in the run-up to May's Welsh election.

He'll tell the dinner:

This is a fantastic opportunity for North Wales and we need to grab it with both hands. There is little point standing on the sidelines. I want North Wales to be key to the main action.

We have a wealth of industry that puts North Wales on the map as a global hub of manufacturing excellence.

North Wales' export base and reputation for big energy projects makes it a perfect partner for closer collaboration to expand the economy of the north, as well as a dynamic small business sector across to Anglesey and Gwynedd.

– Alun Cairns MP, Wales Office Minister


Cardiff Airport sees increase in passenger numbers

Flybe is one of the airlines to operate from Cardiff. Credit: Andrew Milligan/PA Wire

Economy and Transport Minister Edwina Hart has welcomed the increase in passengers at Cardiff Airport during the peak summer months.

The airport has seen passenger numbers increase by 10% during the 2015 peak summer season, compared to the same quarter in 2014.

I am very encouraged to see people are taking advantage of the extended choice of destinations now available at Cardiff Airport. The new Flybe destinations and Vueling flights to Spain have been popular this summer.

It is clear Cardiff Airport is now in a much stronger position than it was when we took ownership two years ago and our investment is starting to pay off. I look forward to seeing Cardiff Airport go from strength to strength and become a gateway to Wales for business and leisure travellers.”

– Edwimna Hart AM, Economy and Transport Minister

30 new jobs for Bridgend

Credit: Daniel Law/PA Archive/PA Images

The Welsh Government has announced 30 new jobs are being created at Sony's Bridgend operation.

A new Digital Media Content Management division is being developed at its site in Pencoed. It will convert video and media content to a digital format for publication across a growing range of platforms.

Sony UKTEC, one of our anchor companies, makes a significant contribution to the Welsh economy and it’s great news that it is expanding and diversifying and I am delighted that Welsh Government support helped secure this investment for Pencoed.

– Carwyn Jones AM, First Minister
Load more updates