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Wales is 'open for business'

Economy Cabinet Secretary Ken Skates will today meet with so-called 'anchor companies' in South Wales to deliver a message of business confidence for Wales.

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The Clwyd South AM is looking to reassure businesses based in Wales that the Welsh Government is committed to supporting growth and investment.

Last week we announced a business confidence plan and a new Growth and Prosperity Fund to help Welsh SMEs invest with confidence. This week I will be meeting some of the major businesses operating in Wales that make a significant contribution to the Welsh economy in terms of investment and jobs.

– Ken Skates, Economy Cabinet Secretary

This follows Mr Skates' announcement that the Welsh Government has launched a European hotline to help Welsh businesses to navigate any uncertainty and plan for the future.


Royal Mint revenues soar

Credit: Yui Mok/PA Wire

The Llantrisant - based Royal Mint has notched up the highest revenues in its history after snapping up a greater share of the American silver market.

The 1,100-year-old coin manufacturer says overall company revenues lifted 39% to £360.6 million for 2015/16, as it capitalised on buoyant bullion trading.

It says overall operating profit stepped up by nearly a fifth to £13.1 million, compared to £11.4 million the year before.

It employs 900 at its South Wales site.

Significant growth in our bullion segment has without a doubt contributed largely to this success, but we have seen revenue growth of at least 17% in all three businesses - circulating coin, commemorative coin and bullion.

I am pleased to report too that we have exceeded all four of our ministerial targets for the third year in a row, operationally

– Adam Lawrence, Chief Executive


Union 'encouraged' after Business Secretary visit to Port Talbot

The new Business Secretary has met workers at Port Talbot steel plant which still has doubts over its long-term future.

Credit: Ben Birchall / PA Wire

Steel giant Tata has halted plans to sell the huge site and is working on keeping its UK business as part of a joint venture with German conglomerate Thyssen Krupp.

Greg Clark, the new Secretary of State for Business, Energy and Industrial Strategy, visited the Port Talbot works yesterday and met workers and union officials.

I am encouraged that Greg Clark has met with steelworkers in his first week on the job. He will have left today in no doubt that Community will keep the pressure on this Government to keep their promises to protect the steel industry.The new Secretary of State clearly understands the scale of the challenge still facing the industry, but his words to steelworkers today must be followed by firm actions to help save their jobs. By visiting Port Talbot, he will have seen first-hand that the highly skilled workforce is the foundation on which any success for this industry will be built.

– Roy Rickhuss, Community union

Questions about your finances? Ask Money Saving Expert Martin Lewis live

Whether it's about your mortgage, your family holiday, your pension, or simply trying to get a couple of extra pounds in your pocket ...

This is your chance to put a question to Money Saving Expert Martin Lewis.

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Here's how to get in touch ...

Send us your questions to or Tweet us at @ITVWales.

You can watch Martin answer your questions live on Wales at Six on Wednesday.

Questions over future of Circuit of Wales scheme post Brexit

There are questions over the viability of big building projects in Wales. Today, First Minister Carwyn Jones said Brexit had changed everything and there were doubts over publicly funded schemes such as the south Wales Metro, a new M4 relief road at Newport and multimillion-pound racetrack in Blaenau Gwent.

The planned Circuit of Wales development, north of Ebbw Vale, promises six thousand new jobs.

It would cost 375 million pounds to build, and include hotels and shops.

It also says it will bring in three-quarters-of-a-million visitors to Wales, for events such as the British Motorcycle Grand Prix.

Read more on the Circuit of Wales journey.

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