The Chief Executive Officer of Pinewood Shepperton says a new film studio in Cardiff will "do much to boost the Welsh film and television sector".
We are delighted to have agreed with the Welsh Government to advise it on its television and film funding initiative. This builds on our success with Pinewood Pictures and managing the Isle of Man Treasury Film and Television Fund. Our combined advisory investment funds now total £55 million, making them one of the largest investment portals for new British television and film content.
The new fund together with the new facility will do much to boost the Welsh film and television sector. The fund is also another step forward for creating a sustainable UK film and television production centre.
More top news
Andrew Price joins South Wales Caving Club to venture into the deepest cave in the UK
Any drizzle this afternoon will subside to leave a largely dry evening. Clearer skies in the north overnight.
Police were called to several Tesco stores in Wales to deal with chaos at midnight. Huge numbers hunted for bargains in shops and online.