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EU debate: No threat to current Welsh jobs, says Airbus

Aerospace giant Airbus, which employs 6,000 workers in Flintshire, is the latest business to warn it would reconsider investing in the UK were Britain to leave the EU.

Paul Kahn, president of the plane maker's UK operation, said he thought it was "vital" that firms took a view on a so-called 'Brexit' - Britain exiting the EU - following a promised in/out referendum.

He told ITV News: "The reality is that we make our wings in Wales and we sell European aircraft. So we want to be in an environment where we can do that as efficiently and as competitively as possible.

"There is absolutely no threat to our current jobs or our current sites in the UK."

Watch the full interview here:

More than 300 jobs to go at Welsh Water

Dwr Cymru / Welsh Water says 360 jobs are due to be lost over the next five years - ten per cent of its current workforce.

In a statement Dwr Cymru said customer bills would rise below the rate of inflation each year until 2020 and to meet it' budget it needed to cut costs by £56m, resulting "in 360 post closures over the five years to 2020."

We currently employ approximately 3,000 people across Wales, Hereford and parts of Deeside.

Working with our recognised trade unions we aim to achieve this reduction through selective voluntary redundancy, retirees and not filling vacancies.

We have already had recruitment controls in place over the last 12 months to reduce the number of contractors and agency workers.

We will work with any colleagues whose posts are closing to find alternative suitable roles within the business.

– Dwr Cymru

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Admiral insurance CEO Henry Engelhardt to step down

Admiral Group Plc’s Henry Engelhardt has announced that he will step down as CEO.

Henry has led Admiral since its creation in June 1991. He has been the only CEO the company has had.

David joined Admiral in August 1991 prior to Admiral’s January 1993 launch. He is currently Group COO and has been CEO of the UK insurance business since 2008.

The Cardiff-based company employs 7,000 people and has over 4 million customers.

Mr Engelhardt will be replaced as CEO by co-founder and current COO, David Stevens when he stands down in a year.

Yogurt factory workers face redundancy

Workers at a Welsh dairy factory face redundancies following a decision by Tesco to stop stocking its yogurt range.

Credit: rachelsorganic.co.uk

Rachel’s Organic at Aberystwyth has 92 employees and the firm says it has now entered into a 30 day consultation period over possible job losses.

Tesco has regrettably chosen to remove the Rachel’s yogurt range from the end of April 2015 and our staff have been informed of this decision. As a result, we can confirm that we are now in a 30 day consultation period regarding potential redundancies and reduced hours at the Aberystwyth factory. As a business, we are currently focusing on replacing the volume lost from Tesco and we are doing everything in our power to minimise the impact on Rachel’s consumers and employees

– Rachel’s Dairy spokesperson

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Around 600 new homes to be built at Bridgend

Contracts have been exchanged for the sale of 98 acres of land to housebuilder Persimmon Homes to build 590 new homes on a residential development on the outskirts of Bridgend

Credit: PA

The announcement was made by the Welsh Government's Economy Minister Edwina Hart who said, "releasing this site to the market will allow developers to deliver much needed housing, including affordable provision. The development of the site is also anticipated to support some 75 full time construction jobs over five years."

The purchase of the 98 acres of land from the Welsh Government makes Persimmon Homes the largest land holder at the Parc Derwen site.

New service takes off to Norwich from Cardiff and Anglesey

Credit: Google

A new service starts today with flights to and from Cardiff and Anglesey to Norwich.

UK regional airline, LinksAir, says the move follows a 30% rise in passenger numbers for its service between Anglesey and Cardiff.

We are delighted at LinksAir with the initial response to us taking over the Cardiff-Anglesey service and already carrying such increased passenger numbers. Adding the new daily weekday Norwich service will add further to the destinations available from and to Wales helping business and leisure accessibility to the East Anglia region to both North and South Wales.

– Roger Hage, LinksAir Commercial Manager
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