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Norwich flights from Cardiff suspended

Flights between Cardiff and Norwich have been suspended two months after being launched.

Credit: PA Images

Operator Linksair, says the move is regrettable but adds the service was unlikely to be profitable in the very short term.

It says passengers who have booked flights will be refunded in full over the coming weeks as all bookings are processed.

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Welsh Government: Inward investment at record high

Inward investment in Wales is at a record high, the Welsh Government has claimed today, with 94 new projects coming here last year.

First Minister Carwyn Jones said: "we are attracting some of the most prestigious companies from across the world to Wales, creating jobs and growth in our key markets."

The First Minister says Wales is celebrating record inward investment. Credit: PA

American manufacturing company Ortho-Clinical Diagnostics, which employs around 350 people at its base in Pencoed, Bridgend, has announced it is extending its facility, with a £4.6m investment supported by the Welsh Government, and 24 new jobs created.

City Deal will need governments working together warns Welsh Secretary

Local councils in the South will need the Welsh and UK Governments to work together if they're to take advantage of the City Deal scheme, according to the Welsh Secretary. Stephen Crabb brought together leaders from ten local authorities for a summit meeting in Cardiff.

The talks were aimed at kick-starting a bid to win a Cardiff City Deal which would see councils neighbouring the capital gain incentives to work together to improve infrastructure and the region's economy.

It's complicated by the fact that local government is the responsibility of ministers in Cardiff not London. But Stephen Crabb says that shouldn't stand in the way.

The local authorities involved in today's meeting are: Cardiff, Blaenau Gwent, Bridgend, Caerphilly, Merthyr Tydfil, Monmouthshire, Newport, Rhondda Cynon Taf, Torfaen and Vale of Glamorgan.

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Dwr Cymru Welsh Water posts £77m profit

Dwr Cymru Welsh Water supplies around 3 million customers. Credit: Rui Vieira/PA Wire

Welsh Water has reported an annual profit of £77 million, less than a month after announcing it is cutting 360 jobs over the next five years.

The water supplier said it had a "strong financial and operational performance" in 2014/15 as it pledged to embark on a new £1.7 billion investment programme.

Welsh Water, or Dwr Cymru, announced last month it was planning cuts of £56 million after regulator Ofwat insisted on efficiency improvements of 20%.

At the time the company, which employs around 3,000 people in Wales and Hereford, said the aim was to achieve the reduction in staff through selective voluntary redundancy, retirements and not filling vacancies.

While delivering our record investment programme, we are aware of the difficulties some of our customers genuinely face in paying their bills. That is why we have launched a new social tariff which will help up to 100,000 of our most disadvantaged customers.

– Chris Jones, Chief executive

Welsh Water supplies three million people across most of Wales, Herefordshire and Deeside.

In its annual report, the firm reported 112 pollution incidents, including four serious, over the last year, compared with 124 in the previous 12 months. There were also 43 internal sewer flooding incidents.

The company says a record 34 Blue Flags were awarded to bathing waters in Wales, with Llyn Padarn, near Llanberis in Gwynedd, becoming the country's first designated freshwater bathing lake.

Environmental campaigners back tidal lagoon decision

Environmental campaigners have backed plans to build a £1 billion tidal lagoon in Swansea after it was announced the UK Government granted the scheme planning permission.

Environmental campaigners say the lagoon could 'build a clean and safer energy future.' Credit: Swansea Bay Tidal Lagoon PLC

Tidal power could further revolutionise Wales’ energy mix - instead of relying on climate-wrecking fossil fuels, it could help us build a clean and safer energy future.

There are still a few environmental hurdles to clear - such as the source of the rock to be used - but provided these concerns can be managed and mitigated, tidal lagoons could make a significant contribution to a 100% renewably-powered UK.

Investment in the huge potential of tidal power is an exciting step forward, but the Government must also make the most of the proven renewable sources we already have, such as offshore wind and solar, where costs are falling rapidly.

– Gareth Clubb, Director of Friends of the Earth Cymru
Credit: Tidal Lagoon (Swansea Bay) Plc

RenewableUK Cymru says the decision from DECC brings Wales one step closer to a 'bold new renewable era'.

It says, although the proposed lagoon in Swansea Bay is relatively modest in size compared to the mothballed Severn Barrage, it is a first-of-kind development which promises huge potential benefits to the local workforce and to the expertise of engineers from Wales and beyond.

The not for profit renewable energy trade association says it also offers the prospect of more than a century of near-zero carbon electricity, improved tourism and leisure facilities, and upgraded infrastructure in the region to support and take advantage of the development.

This is a huge step forward for an iconic development that will be the envy of coastal areas across the world. I would like to pay tribute to the staff at Tidal Lagoon Power who have worked incredibly hard to get the project to this stage, and wish them the very best with the final financial and regulatory hurdles.

– David Clubb, Director of RenewableUK Cymru

Welsh Government welcomes tidal lagoon go-ahead

The Welsh Government has welcomed planning approval for the Swansea Bay Tidal Lagoon project.

Wales is well-placed to exploit the potential of marine energy and the Swansea Bay Tidal Lagoon project could create thousands of jobs during the construction and hundreds of permanent ones. We will continue to work with the developers and other partners to ensure the benefits of this project are maximised across the Welsh supply chain.

– Welsh Government spokesperson
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