Wales
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Severn Bridge boosts property development
The second Severn Bridge linking England and Wales – and the roads which lead onto it – have opened up a new area for commercial development.
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Labour plans to speed up Welsh economy
The Wales Labour Party has revealed proposals to modernise the role of the Welsh Development Agency, creating an “economic powerhouse” that would speed up economic development.
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Celtic economies go hi-tech
The Celts, particularly those in South Wales and Ireland, are basking in a new economic dawn thanks to an influx of hi-tech companies to those areas.
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Foreigners invest in Wales
Wales has had one of its best years for attracting inward investment, according to figures from the Welsh Development Agency. Foreign companies ploughed more than £910m into the economy, creating…
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Improved inward investment figures from WDA
The Welsh Development Agency was involved in projects worth more than £910m last year, up 44% on the previous year in terms of capital expenditure.
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Ronson fuels hopes for UK jobs
Ronson, the lighters and luxury goods company now in the hands of Howard Hodgson, is looking at bringing the whole of its gift lighter production to the UK, creating thousands…
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First phase at Cardiff office village wins consent
Cardiff council has granted consent for the 1,858 sq m (20,000 sq ft) first phase of an “office village” on 1.9ha (4.63 acres) of the £2m Cardiff Gate Business Park.
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Canada Life invests in Swansea retail warehouse
Canada Life Assurance Company has paid Scottish Provident Institution £2.325m for the freehold of a retail warehouse on the Ffordd-Cwm Tawe by-pass, Swansea, West Glamorgan.
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Fund pays £2.2m for prime Cardiff office
Rolls Royce Motors Pension Fund has bought Hastings House, Fitzalan Court, for £2.2m at a net initial yield of 7.2%. Tenants in the ten-year old office include: Friends Provident, Equitable…
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NatPower could scrap power station
National Power, the electricity generator fighting a potentially hostile bid from Americas Southern Electric, is on the verge of abandoning its controversial £450m project to burn Orimulsion – dubbed the…
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Record profits at Henry Boot
Profits rose at Henry Boot & Sons, the construction company, to a record £8.69m last year, up 6.5%. The Times 19/04/96 page 26.
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New “industrial village” proposed for Wales
A proposal for a new “industrial village” based on technology was put to the Welsh Secretary, William Hague. The pilot project aims to create upto 900 new jobs in the…