The company behind Swansea's tidal lagoon has been given a boost by a multi-million pound investment from Indian.Read the full story ›
Over 100 jobs are being created at a radiator firm in Newport with the help of the Welsh Government.
Quinn Radiators Ltd (QRL) is creating 120 jobs at its plant on Imperial Park and will safeguard 290 existing jobs there with the help of a £3million commercial loan from the Welsh Government.
The QRL plant is an important local employer and the loan, which is offered on commercial terms and is repayable, will ensure manufacturing continues in Newport with plans to increase production and exports.
I am also pleased to note that the Group will be using supplies from Tata Steel that is made in Wales for their range of radiators which can only be good news.
The domestic central heating radiator manufacturing business has two production lines at the site with the capacity to produce around 3.5million radiators a year.
The latest unemployment figures for Wales are published later.
Last month's statistics showed the number of people out of work, between August and October, fell by 11 thousand to 88 thousand. That's a rate of 5.9%.
Across the UK more than 31 million people had jobs.
A survey says 68 million visits to Wales were made by British residents between January and November last year.
But that's down by 19% compared with 2014. The Great Britain Day Visits Survey also says the trips generated almost £2.5bn.
The average spend per day trip was £35.84.
Families' debts have jumped by an "alarming" £4,000 on average in the space of six months, a report has found.
Aviva's Family Finances report found that typical household debt has surged by 42% since summer 2015 to reach the highest levels seen for two and-a-half years.
The average owed per family in Wales is £4,060.
The latest report has fuelled concerns that many families' finances are finely balanced and the continued availability of cheap credit is leading to households racking up debts on credit cards, overdrafts and personal loans.
The latest figure recorded by Aviva is the highest since summer 2013, when the average family in the UK owed £16,300.
The latest increase means that the average amount owed is 24% more than in winter 2011, when Aviva started tracking families' finances and households typically owed £10,870.
Recent Bank of England lending figures have prompted concerns from charities about the levels of credit being taken on by consumers.
There has also been speculation that interest rates could start increasing this year, pushing up the cost of borrowing.
The alarming levels of rising household debt, along with a recent reduction in income and savings levels, paints an uncertain picture for the family purse in 2016. With the possibility that the Bank of England could raise interest rates this year, families who have grown accustomed to cheaper credit - particularly those who have spent heavily over the Christmas period - need to ensure they are still fully prepared to manage debt repayments, as well as other monthly outgoings, should rates go up.
Aberavon MP Stephen Kinnock says there are radical plans to restructure the workforce at Tata Steel in Port Talbot.Read the full story ›
Building new homes in Wales could create over 25,000 jobs and provide a huge economic boost to the country, a new report has revealed.Read the full story ›
Businesses in Wales are said to be feeling confident for the New Year as latest figures reveal that export sales are on the rise.Read the full story ›
Chancellor George Osborne has been called upon to "get a grip" on the issue of Netflix's UK tax contribution.Read the full story ›
A street in Cardiff has been named as the most expensive street in Wales.
Research by Lloyds Bank found that the average house price in Druidstone Road was £793,000.
Here's some of Wales most expensive streets:
- Druidstone Road, Cardiff (£793,000)
- Rudry Road, Cardiff (£781,000)
- Lisvane Road, Cardiff (£548,000)
- Lady Housty Avenue, Swansea (£568,000)
- Cwrt-Y-Vil Road, Penarth (£564,000)
- Langland Court Road, Swansea (£550,000)
Wales still remains the cheapest area of the UK to buy property with London topping the list of most expensive properties in the country.
Victoria Road in Kensington has an average house price of £8,006,000.