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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


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.

Rent prices in Wales increase by 3.4%

Rent prices in Wales have continued to rise throughout the first half of 2016 according to the HomeLet Rental Index.

Renters in Wales are on average paying an extra £20 a month compared to 2015.

Compared to other parts of the UK, renters in Wales have seen a more modest increase. Average rent in the UK (excluding greater London) increased by £26 a month in the same period.

The June HomeLet Rental Index shows that the rental market remains resilient in the face of the various economic and political headwinds the sector has faced recently. Landlords are continuing to secure rental growth whilst there are some early signs of affordability criteria beginning to bear on the rates of rental price growth.

– Martin Totty, Barbon Insurance Group Chief Executive Officer


Average house price in Wales up again

Credit: Yui Mok/PA Wire

Wales has seen the second highest month-on-month increase across Wales and England in asking prices, with a 2% rise pushing the average asking price to £185,145.

That's according to property website Rightmove which also says homes are now taking just 57 days typically to sell.

Central Cardiff 'most desirable in Wales' amongst urbanites

Credit: Barry Batchelor/PA Wire

Central Cardiff is among the most desirable places for professionals aged between 25 and 44 years old to buy a property, according to Lloyds Bank. The postcode of CF24 which includes Cathays, Roath and Splott, was named as the top hotspot for young professionals in Wales.

Lloyds' review looked at Land Registry house sales in the year to February 2016 and also used analysis of different sectors of the population by marketing consultancy CACI to make the findings.

The south coastal town of Hove is the top hotspot for young professionals buying homes across Wales and England.

Young professionals tend to have a professional or university qualification, are in well paid jobs and enjoy an urban lifestyle without the hustle and bustle of living in the city centre.

Our research shows that aspiring young urbanites choose to settle in areas which give them the best of both worlds - attractive suburbs offering good amenities and quality of life, which are within easy reach of a larger city centre - and in many cases they are prepared to pay a premium to live there.

– Mike Songer, Lloyds Bank mortgage director
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