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Airbus wins Queen's Award for Enterprise

airbus factory
The Airbus facility in Broughton, north Wales manufactures aircraft wings Credit: PA

Airbus UK, which has a manufacturing site in Broughton, north Wales, has won an award for 'outstanding overseas growth.'

The company has received the Queen's Award for Enterprise, the UK's highest accolade for business success.

The awards panel praised the company's care to understand and anticipate the future needs of customers and its attention to environmental issues.

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Airbus UK has been recognised for its overseas growth Credit: PA

Airbus facilities in Filton, Bristol and Broughton, design and manufacture aircraft wings for the full range of the Airbus aircraft.

The wings are then transported to final assembly lines in France and Germany, where, along with other major sections manufactured across Europe, they are assembled to form a completed aircraft which are then exported to customers around the world.

Former Hotpoint factory to be redeveloped

A former factory in Denbighshire is set to be redeveloped after £1.55m of Welsh Government funding was announced for the project.

The Hotpoint factory in Bodelwyddan, which was built in the early 1980s and employed 750 people at its peak, closed in 2009 with the loss of 300 jobs.

The 25-acre site could eventually house two main units and several smaller industrial units.

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Wrexham boost after recent job losses around Wales

by Carole Green

200 jobs are being created at financial research firm Avox in Wrexham by the end of 2016.

That economic boost comes after a worrying few weeks of jobs news around Wales, with 149 jobs lost at Creative Foods in Flint, 400 under threat at the Murco oil refinery in Milford Haven, 650 going at Avana Bakeries in Newport, and a further 150 under threat at the Freeman events company in Cwmcarn.

The Prime Minister was also in North Wales - visiting a furniture business in Flintshire.

Task force created to try to save 400 jobs at oil refinery

A task force is being created to try to safeguard the future of the 400 workers at the Murco oil refinery in Milford Haven.

The announcement was made by the Welsh Government, and will be lead by Lord Nick Bourne.

A potential deal for the sale of the Murco refinery fell through.

It will try to find a buyer for the plant, which owned last week week it was consulting staff over potential closure.

Read More: 400 jobs at risk at Murco oil refinery in Milford Haven

200 new jobs in Wrexham at financial services company

A financial services company has announced it will create 200 new jobs in Wrexham by the end of 2016.

Avox, which has its headquarters at Redwither Business Park, says it is expanding because of growing demand for its services.

Avox was founded in 2003 and is a subsidiary of The Depository Trust & Clearing Corporation. Credit: Avox

Prime Minister David Cameron said: “Today’s news from Avox is a great vote of confidence in Wrexham and shows that the UK is open for business.”

New hourly rail services for mid Wales

New peak hourly trains between Aberystwyth and Shrewsbury will be among extra services to be funded by the Welsh Government on the Cambrian and Heart of Wales rail lines.

The new services are expected to begin in May 2015 Credit: PA

The announcement will also see four new return services operate between Aberystwyth and Shrewsbury from Monday to Saturday, and improvements to evening services on the Cambrian Coast between Barmouth and Pwllheli.

The new services will operate on an initial three-year trial basis and are expected to come into place from May 2015.

The Welsh Government say the additional services will create 20 new train crew and depot jobs.

Announcing the new services, Transport Minister Edwina Hart said: "This investment demonstrates our commitment to supporting public transport, which is a vital way for many people, including some of the most vulnerable in our society, to access jobs and services."

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'Growing' recruitment pressures for Welsh businesses

The South Wales Chamber of Commerce's latest Quarterly Economic Survey reveals business across the country are "moving into Spring with increasing confidence."

However, Graham Morgan, the Director at the South Wales Chamber of Commerce, believes more can be done to ensure Wales does not lag behind the rest of the UK in terms of exports.

While export sales and orders in Wales remain at a similar level to Q4 of 2013, it appears that Wales is not benefitting from the same progress in international markets as other Chambers are reporting throughout the UK. There are many Welsh businesses with excellent products and services and is vital that they are aware of the support available to help them increase their international footprint.

If the professional sector can help highlight the support available to businesses looking to begin or grow exporting services, in both a financial and advisory capacity, then Wales can start to become a big player on the world stage.

Despite many looking to recruit over the coming months, businesses are reporting growing pressures in recruiting for certain roles.

Engineering and ICT skills are, as always, in short supply, but we are also having reports of gaps in middle management and marketing as well.

With access to super fast broadband and better digital connectivity, we anticipate that ICT and social media skills will be of even greater importance over the next year.

Ninety-eight percent of businesses surveyed increased or maintained their levels of investment in staff training and equipment, which is another indicator of their confidence.

With the highest ever response to our survey, including input now from businesses in north Wales, we feel confident in the growth opportunities that lie ahead for Welsh businesses.

– Graham Morgan, Director, South Wales Chamber of Commerce

Survey reveals 'steady Welsh business growth'

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Welsh businesses that trade internationally have continued to perform solidly Credit: PA

The latest quarterly survey from South Wales Chamber of Commerce shows businesses in Wales are showing steady signs of growth.

Welsh businesses that trade internationally have continued to perform solidly, with 85 per cent reporting that sales and orders have either remained consistent or increased.

The Quarterly Economic Survey acts as a barometer for the strength of the Welsh economy, and, for the first time, includes results from across the whole of Wales, with the inclusion of businesses from north Wales.

The survey for the first quarter of 2014 shows that more than half (61 per cent) of small and medium-sized businesses from across Wales are expecting to increase their profitability during the next 12 months, with 28.7 per cent expecting to maintain their current profit levels.

The survey also reveals that 95 per cent of businesses are looking to either retain their existing workforce or recruit in the next three months, the highest figure in the last seven years and one that is consistent across Wales.

Despite this, more than half of businesses (53 per cent) revealed that they had experienced difficulties in recruiting during the last quarter.

First Minister joins talks to save oil refinery jobs

The First Minister Carwyn Jones has visited the Murco plant in Milford Haven today to discuss the company's furture.

Around 400 jobs are at risk at the oil refinery after a potential deal to buy it collapsed.

The First Minister says he will be working with Murco, and the owners of Newport Bakery Avana, to try and save as many jobs as possible.

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