Category : Search result: Wales Life Sciences Investment Fund


Wales sold £4.6m Verona stake before £2bn Merck payday

The Welsh Government sold its early stake in life sciences firm Verona Pharma for a modest profit, missing out on a potential £2bn windfall when Merck bought the company for $10bn. A story of patient capital lost.

Advantex management buyout backed by NPIF investment

A seven-figure investment from the Northern Powerhouse Investment Fund II has enabled a management buyout at Gateshead IT firm Advantex, securing 70 jobs and driving recruitment. Read more about this regional growth story.

£10.4m Anglesey marine building transformation approved

A £10.4m project to transform Anglesey's former Amlwch Marine Terminal Building and create new business units has been approved, set to create 95 jobs and deliver a £33.9m economic boost. Read the full details.

Santander pays £150 cashback for life insurance

Santander bank is offering customers up to £150 cashback for taking out a life insurance policy. The offer, provided via Aviva, aims to help families secure financial protection.

BCRS hits £2m lending milestone for Welsh SMEs

BCRS Business Loans has provided over £2m to 34 Welsh SMEs via the British Business Bank's Investment Fund for Wales, creating 104 jobs and safeguarding 189. Read more about the economic impact.

NatWest doubles social rent loan fund to £1bn

NatWest expands its ringfenced social rent loan fund to £1bn, aiming to accelerate the building of affordable homes and save housing associations up to £50m. Read the full announcement.

UK's Whole Life Order Killers: No Christmas Freedom

A look at the UK's most dangerous criminals serving whole life orders, from Lucy Letby to Rose West, who will never be released. Discover the crimes that earned them Britain's most severe sentence.

71% in Wales Concerned Over Youth Unemployment

As the King's Trust nears its 50th anniversary, new polling reveals deep public concern over youth joblessness in Wales. Director Sarah Jones calls for urgent collaboration to unlock potential.

£20m redevelopment for Malvern Theatres set for 2026

Malvern Theatres is set for a landmark £20 million redevelopment in 2026, funded by the government's Levelling Up Fund. The project will deliver a new studio theatre, improved accessibility, and a community amphitheatre. Read more about this exciting cult

ScrubMarine secures $1m for robot boat cleaning system

Whitehaven-based startup ScrubMarine has raised over $1m in pre-seed funding to develop its autonomous 'Turtle and Whale' robot system for cleaning ship hulls, tackling biofouling and cutting emissions.

Sharp Rise in Welsh Unemployment to 6.1%

Unemployment in Wales has surged to 6.1%, affecting 94,000 people, while economic inactivity remains stubbornly high at 24.5%. Explore the latest ONS data and political reactions.

Swansea Council may run its own bus services

Swansea Council leader says the authority should not fear stepping in to run bus services directly as Wales rolls out new franchising legislation, aiming for a unified, reliable network by 2027.

Public Consultation Opens for Bala Wind Farm Project

A public consultation has begun for the proposed Foel Fach Wind Farm near Bala. The 72MW project could power 68,000 homes and features an £8,000/MW community fund. Have your say by February 9th.

Amazon's Veeqo opens new global HQ in Swansea

Amazon-owned tech firm Veeqo has launched its new global headquarters in Swansea's 71/72 Kingsway, marking a £150m+ investment and tripling its workforce to over 200. Discover how this Welsh success story is driving growth.

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