Chris Grayling announced plans to electrify lines in Wales, the Midlands and the North have been cancelled or downgraded.Read the full story ›
Conservative AM for South Wales East, Mohammad Asghar, has said the news of the closure of a Newport factory was disappointing.
The closure could put 150 jobs at risk.
He says the Welsh Government must take immediate action for workers to get alternative jobs in the area.
Packaging company Essentra is consulting on plans to cease production at its Newport carton firm by the end of this year.Read the full story ›
A major investor says he may be put off funding future Welsh projects if the UK Government doesn't give the go ahead to the lagoon.Read the full story ›
Small food and drink businesses are set to benefit from a £1.6million (€1.8million) programme to help increase their competitiveness.Read the full story ›
The Federation for Small Businesses (FSB) says the decision to scrap the rail electrification between Cardiff and Swansea "risks a psychological blow to economic and business confidence."
The promise to electrify the railway line as far as Swansea – made repeatedly by the past two Secretaries of State and the wider UK Government – was not just about cutting journey times, but was also about providing a 21st century infrastructure for business and showing ambition and growth for South and West Wales.
There has for some time been a unanimity of both business and political voices outlining the opportunity of electrification to Swansea and so it is disappointing that despite this consensus, the UK Government has chosen not to deliver against this proposal.
Losing the electrification scheme risks a psychological blow to economic and business confidence which comes at a time that we can ill afford it.
We would call on the UK Government therefore to commit now to other vital projects which can bolster economic confidence particularly the Swansea Bay Tidal Lagoon, the decision for which is now long-overdue but which we have always seen as a vital part of economic regeneration in the area.
We are reassured by proposals and commitments to upgrade and improve rail infrastructure west of Swansea which will serve to help open up the rest of the City Region and we look forward to hearing early detail on how these proposals will be developed.
Two high-tech cameras have been set-up by meat promotion agency, Hybu Cig Cymru – Meat Promotion Wales (HCC) in north and mid Wales.Read the full story ›
The Welsh Secretary wants Welsh firms to export their services abroad to mark the Department of International Trade's first anniversary.Read the full story ›
It could mean good news for first time buyers as the market slows down.Read the full story ›