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Cricket brings "£24 million" to the Cardiff area

Cardiff's economy is set to benefit to the tune of £24m during 2015, thanks to the first Investec Ashes Test being held at the SWALEC stadium next week.

The SSE SWALEC Stadium in Cardiff where the Ashes test will be held on Friday, July 10. Credit: PA

Previous research by Cardiff Metropolitan University has shown that international cricket and related events can bring in around £19m to the regional economy.

But the addition of the first Investec Ashes Test in 2015 is likely to boost cricket's economic contribution to Cardiff by a further £5m.

We are proud of being able to bring world class cricket events to the Welsh capital in recent years.

The First Investec Ashes Test of 2015 being played in Cardiff enables us to provide a truly global sporting occasion that can be enjoyed by fans not only in Wales but across the world.

The SSE SWALEC is attracting major events to the Cardiff Capital Region – events that can help sustain a significant number of jobs in the hospitality and tourism sector.

– Hugh Morris, Chief Executive of Glamorgan County Cricket Club

Welsh firms get inside track on HS2 contract bids

Welsh businesses find out today how to bid for contracts worth around £10bn from Britain's largest infrastructure project.

A high speed train using HS1, the Channel Tunnel. Credit: Gareth Fuller/PA Wire

HS2 is the high speed railway initially linking Birmingham and London.

Today HS2 Ltd's senior management team are in Cardiff.

"The HS2 team are laying down their marker now, looking for suppliers throughout the UK to support the first phase of HS2 between London and Birmingham and we have a range of suppliers in Wales that can add value to the project. Good suppliers, with a track record of excellent service, products and expertise"

– Edwina Hart AM, Economy Minister



House prices stall in Wales

Credit: Joe Giddens/PA Wire

House prices failed to rise in the Wales last month despite the number of homes per UK surveyor falling to a record low since the data series began in January 1978.

That is according to the latest RICS (Royal Institution of Chartered Surveyors) UK Residential Market Survey.

In most areas of the UK, house prices increased during the month of May. However, in Wales, 3% more surveyors reported a decrease in price rises, as supply to the market declined for the second consecutive month with more Welsh surveyors reporting a drop in new instructions.

But 27% more surveyors in Wales expect sales to rise over the coming three months (the highest figure since 35% back in November 2014).

Welsh job prospects 'best in UK'

Credit: Danny Lawson/PA Wire

Job prospects are better in Wales than any other part of the UK.

That's according to the latest Manpower survey which also says the number of companies looking to hire is at its best for a year.

One interesting trend emerging in Wales over the last few months is a shift to candidates holding the power in the jobs market.

Whereas in the past employers held all the cards, now we are finding that candidates are often getting through to a number of interviews and can therefore be choosier about the roles they are going for.

Some fortunate candidates, particularly those with in demand skills, often receive more than one job offer.

– Krissie Davies, Operations Director, Manpower UK

Flybe officially opens new base at Cardiff Airport

50 jobs are said to have been created from the new flights. Credit: PA

Europe's largest regional airline will officially open its new base at Cardiff Airport.

Flybe is introducing new routes to Ireland Scotland, Portugal, Germany, Italy and France.

Cardiff Airport will also be home to two of the airline's aircraft.

The new airbase will mean an increase in flight frequency and capacity on existing routes to Belfast, Dusseldorf, Geneva and Jersey.

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