Category : Search result: economic development Wales


North East's Best Companies 2025 Announced

Discover the standout North East businesses of 2025, from tech triumphs to green energy leaders, driving regional economic growth. Read the full list now.

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.

UK GDP growth slows to 0.1% in Q3

The UK economy slowed sharply between July and September, with GDP growth of just 0.1%. A slump in car manufacturing and falling household savings highlight the pressures. Read the full analysis.

UK GDP growth confirmed at 0.1% in third quarter

The UK economy grew by just 0.1% between July and September, official data confirms, with manufacturing hit by a major cyberattack. Discover the latest ONS figures and what they mean for the UK's economic outlook.

BoE Cuts Interest Rates to 3.75% After Budget

The Bank of England has cut interest rates to 3.75%, its sixth reduction since the election. Governor Andrew Bailey warns of a 'sharper downturn' risk as growth forecasts are slashed. 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.

Wales Summit Delivers £16bn Investment and Thousands of Jobs

First Minister Eluned Morgan hails the Wales Investment Summit as a major economic catalyst, securing £16bn in projects from AI data centres to carbon capture. Discover how Wales is positioning itself as a global tech and green energy leader.

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.

North West firms react to Rachel Reeves' Budget

North West business leaders give mixed reactions to Chancellor Rachel Reeves' Budget, with many warning of a lack of growth strategy and concerns over regional investment. Read the full analysis.

Welsh business gives mixed verdict on Budget

Welsh business leaders react to the Chancellor's Budget, welcoming investments in AI and nuclear energy but warning that tax rises risk stifling growth. Discover the full analysis.

Budget Boost for Cardiff Parkway Station & Jobs

Chancellor Rachel Reeves commits to funding the Cardiff Parkway station and business park, a project with the potential to create thousands of jobs and attract major investment from Rolls-Royce.

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