Ahead of an 'urgent' meeting today, Economy Minister Edwina Hart said the steel industry in Wales was reaching a 'critical point'.Read the full story ›
The makers of JCBs in the UK says 290 jobs are at risk following a downturn in the market. One of its factories is at JCB Transmissions in Wrexham.
JCB says it has started consultations with shop floor workers over proposed redundancies following a "rapid deterioration in world construction equipment markets".
Discussions over the proposed redundancies have begun today with the GMB union and a 45 day consultation period has started.
The news follows an announcement in September that up to 400 UK staff positions were at risk of redundancy as a result of the economic situation.
This news is obviously very disappointing but it has been apparent now for some time that global markets have been declining. Our job as a trade union is to now work hard to formulate a plan to mitigate the impact of the proposed redundancies.”
Jobs are being axed at steel firm Caparo, with immediate effect. Of the 452 across the UK, 29 are being lost in Wales.
Following a detailed review of Caparo, it is with regret we now announce 452 redundancies with immediate effect
The Caparo site in Tredegar will lose 17 while 12 will go in Wrexham.
Plans for the future of apprenticeships in Wales have been laid out by Deputy Minister for Skills and Technology, Julie James.Read the full story ›
The Welsh Government says it plans to invest £5.6m to build a new factory for Invertek Drives to enable the company to expand its operations in Welshpool and create up to 50 new jobs.
The company designs and makes Variable Frequency Drives, used to control motors in a wide variety of industrial and energy saving applications and exports around 90% of its output to Europe, US, Australia and the Middle East.
The Welsh Government plans to build a new 56,500 sq ft detached unit on Offa’s Dyke Business Park next to Invertek Drives’ main production facility and headquarters.
Invertek Drives, an independently owned company established in 1998, employs 190 people worldwide, including more than 170 at its Welshpool headquarters and has doubled its turnover to £23 million in the last five years.
It has ambitions for a 50% increase in turnover by 2018 when thirty new jobs will have been created, rising to 50 when production ramps upto full capacity.
Welsh Secretary Stephen Crabb will speak in parliament following calls for the government to do more to support the steel industry.Read the full story ›
A Swansea business' spam texts prompted almost 7,000 complaints in one month alone.Read the full story ›
Latest figures from the Welsh Government show almost eight out of ten hotels rooms across Wales were occupied in August.
In the first eight months of this year the number was up on 2014.
Guesthouses and B&Bs also saw increased business but there was a drop in the number of people holidaying in static caravans.
Around 160 jobs people are set to go at Wylfa nuclear power station on Anglesey, its owners Magnox has confirmed.
The firm says the workforce will be reduced from 522 to 357 by May next year as the plant moves from generating electricity to 'defuelling.'
When a nuclear power station moves from generation into the next phase of its lifecycle, which is defuelling, a reduced number of staff are needed for operational work.
This is not unexpected and we’ve engaged fully with our staff and the Trades Unions about the planned changes. Wherever possible we will seek to make voluntary redundancies, as we have at our other Magnox stations.
The company says some of the jobs will go through voluntary means, while other staff will be retrained in different roles.