Category : Search result: Wales economy


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.

Newport tech consultancy creating 50 new jobs

Fast-growing Newport tech consultancy de Novo Solutions announces plans to create 50 new roles by 2030, expanding its graduate apprenticeship scheme and boosting the Welsh economy.

Bank of England cuts interest rate to 3.75%

Prime Minister Keir Starmer welcomes the Bank of England's latest interest rate cut, highlighting government action on the cost of living. Read the full story.

Bank of England cuts interest rates to 3.75%

The Bank of England has cut interest rates for the first time since August, reducing Bank Rate to 3.75% in a tight 5-4 vote. Governor Andrew Bailey cited rising unemployment and moderating inflation. Read the full analysis.

UK inflation falls more than expected to 3.2%

UK inflation fell sharply to 3.2% in November, the lowest rate in eight months. The surprise drop, driven by food prices, makes a Bank of England interest rate cut highly likely. Read the full analysis.

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.

Downdetector down in Cloudflare outage

A brief Cloudflare outage took Downdetector and countless websites offline, exposing the global economy's dangerous reliance on a few tech giants. Read the expert analysis.

Wales Development Bank: £1bn Fails High-Growth Firms

As the Development Bank of Wales marks £1bn in investments, analysis reveals its strategy is failing to support the high-growth companies vital for Wales's future economy. A major rethink is urgently needed.

Plaid Cymru plans new Welsh development agency

Plaid Cymru leader Rhun ap Iorwerth unveils plans for a new national development agency to boost the Welsh economy, potentially reviving the WDA brand. Learn more about this key election pledge.

Reeves defends tax rises in Labour Budget

Chancellor Rachel Reeves refuses to apologise for breaking Labour's tax pledge as Budget pushes tax take to record high. Read the full analysis of political reactions.

Reeves' Autumn Budget: Key Measures Revealed

Chancellor Rachel Reeves delivers Autumn Budget with tax changes, NHS funding and economic reforms. Full breakdown of all major announcements affecting UK households.

Tourist Tax Plan for Bristol and Bath Region

West of England leaders endorse a proposed tourist tax on overnight stays to fund transport and local projects. Find out how this could transform the region's visitor economy.

Rachel Reeves Delivers Autumn Budget 2025

Chancellor Rachel Reeves outlines UK economic plans in Autumn Budget statement today. Follow the timeline, tax changes and parliamentary debate schedule.

Rachel Reeves 2025 Budget: Key Updates

Chancellor Rachel Reeves presents her first Budget. Get live updates on tax, spending, and the impact on Birmingham and the Black Country's cost of living.

Reeves Budget Targets Economic Unfairness

Chancellor Rachel Reeves addresses public anger over economic unfairness ahead of her second Budget, promising measures to tackle the cost of living crisis and build a fairer Britain.

Wales International Investment Summit Targets Growth

Welsh Government hosts major investment summit with 1500 delegates, aiming to attract new business to Wales. 60% of attending firms not currently active in Welsh market. Discover key projects seeking funding.

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