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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.

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.

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