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Plan to revive 'sleeping Dragon Studios'

Film studios in South Wales, dubbed 'Valleywood', could be taken over by an American company.

Credit: ITV Wales News

Dragon Studios have seen some productions but have been in the hands of administrators since 2008. Now Fox Television 21 is being helped to secure the lease of the facility.

The creative industries are one of our fastest growing priority sectors. The Welsh Government is committed to ensuring further growth by supporting this venture at Dragon Studios and others like Pinewood Studio Wales and the establishment of the Bad Wolf production company, operating between South Wales and LA.

All this will bring more international TV drama productions to Wales, leading to increased inward investment and production spend, strengthening of the supply chain, and increasing the skills base of local talent working within the creative industries to create wider economic benefits for the whole of Wales.

– Edwina Hart AM, Economy Minister


Tata Steel job losses 'devastating' for community

Tata Steel is to cut 250 jobs and mothball a plant at one of its sites, in a move described as "devastating" for local communities.

The jobs will hit agency workers mainly at Llanwern, Newport which will have some of its mills mothballed.

Credit: PA

Unions warned that communities will be "destroyed" and urged the Government to intervene to help the steel industry.

GMB will propose that the Trades Unions Steel Committee write to Prime Minister David Cameron requesting a meeting to discuss these concerns over the long-term future.

"We will see local communities destroyed with mass unemployment, while the balance of payment deficit will increase further if we don't act now and get government support and action.

Unless Government acts, what's left of the steel industry will be at risk.

– Dave Hulse, national officer of the GMB unio

Tata Steel to axe 250 jobs and 'mothball' site

Tata Steel is reported to be cutting 250 jobs and mothballing some of its mills at Llanwern, Newport.

Credit: PA

The jobs are understood to be going mainly at Llanwern with job losses involving agency workers.

In a statement the company said employees at the Llanwern mill would be "redeployed" within the business and the company would discuss possible impacts with contracting companies.

“Tata Steel has invested upwards of £350 million to improve the steel industry in Wales in the past five years. In the teeth of a recession we rebuilt a blast furnace, improved the Port Talbot hot strip mill and upgraded the capabilities of our world-class galvanising line at Llanwern.

But surging, and often unfairly traded, imports have combined with a strong pound to create a very challenging business environment. The changes we have told employees about will reduce our costs and enable us to focus on generating more value from our products, which will improve our competitiveness.

We need to concentrate more on sales of differentiated products to key sectors including automotive, engineering, construction, packaging and consumer goods.

– Stuart Wilkie, Tata Steel


High Street Heroes finalists announced

Is your local business in the running for the title?

Brecon in 1948. The competition celebrates the traditional High Street. Credit: Tophams/Topham Picturepoint/PA Images

The finalists of a new awards scheme celebrating the best businesses and individuals on Wales’ vibrant high streets, have been announced.

The High Street Heroes awards are part of the Support Your High Street campaign, which showcases the vast range of shops and services available in town centres across Wales, and the contribution they make to the economy and community life. The finalists in the High Street Favourites category are:

  • Food & drink
  • Denbigh Chocolate Shop, Denbigh, Denbighshire
  • Gwyn Davies Butchers, Llangollen, Denbighshire
  • Love's Cakes, Ebbw Vale, Blaenau Gwent
  • Fashion, health & beauty
  • Bella Boutique, Porth, Rhondda Cynon Taf
  • elevate your sole, Prestatyn, Denbighshire
  • Pout Boutique, Porth, Rhondda Cynon Taf
  • Leisure, home & garden
  • Artie Craftie, Blaenavon, Torfaen
  • Bookish, Crickhowell, Powys
  • Giles Gallery, Pontyclun, Rhondda Cynon Taf
  • Glosters, Porthmadog, Gwynedd
  • Pieces for Places, Barmouth, Gwynedd
  • Professional & financial services
  • HighStreet Media, Treorchy, Rhondda Cynon Taf
  • John Francis, Ammanford, Carmarthenshire
  • Principality Building Society, Prestatyn, Denbighshire
  • Community service provider
  • Artie Craftie, Blaenavon, Torfaen
  • Giles Gallery, Pontyclun, Rhondda Cynon Taf
  • The Project Space, Commercial Street, Newport
  • Eating out on the high street
  • Denbigh Chocolate Shop, Denbigh, Denbighshire
  • Gin Haus Deli, Llandeilo, Carmarthenshire
  • Hot Gossip, Treorchy, Rhondda Cynon Taf
  • Juboraj, Rhiwbina, Cardiff
  • La Baguette, Regent street, Wrexham
  • Love's Cakes, Ebbw Vale, Blaenau Gwent
  • Margaretelli Fish Shop, Ferndale, Rhondda Cynon Taf

70 jobs with biotech firm's HQ in Swansea

Credit: Britta Pedersen/DPA/PA Images

An American biotech firm is setting up its European headquarters in the Swansea area creating 70 jobs.

Accelovance Inc., a clinical research organisation, has had help from the Welsh Government.

Wales is making a name for itself as a great location for businesses in the life sciences sector and gaining a reputation as a UK hotspot for pharmaceutical services. Accelovance is a most welcome addition to the sector and its presence will enhance our reputation in this particular field.

– Edwina Hart AM, Economy Minister
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