Education
Made-in-Wales investment model avoids ‘crippling’ PFI trap, says Drakeford
A “CREATIVE WORKAROUND” to limited borrowing powers has delivered an extra £1.1bn for Wales while avoiding the same “crippling” pitfalls as PFI, the finance secretary has claimed.
Speaking in the Senedd, Mark Drakeford explained £1.14bn for projects including the new Velindre cancer centre and A465 works “simply would not have happened” otherwise.
The Welsh Government designed the mutual investment model (MIM) – an alternative to the controversial UK private finance initiative (PFI) policy – as a way to leverage private finance due to a scarcity of funding for longer-term infrastructure.
Prof Drakeford told Senedd Members the Welsh Government’s capital budget has totalled around £15bn this term, so the model has bolstered spending by 7.5%.
Arguing the government’s decision to reject PFI has been vindicated, he said: “Wales suffers neither from the stranded assets that have occurred in England nor do we face the ongoing disputes that surround the return to public ownership of facilities from PFI stewardship.
“Most of all, we have not faced the crippling impacts on resource budgets that PFI repayments have caused and continue to cause elsewhere.”
Prof Drakeford said the additional £1.14bn includes £590m to complete the dualling of the A465 and £312m for 21st-century cancer care at the Velindre NHS trust.
He told the Senedd the “made-in-Wales” approach is different from earlier PFI models because the Welsh Government takes a stake of up to 20% in each MIM scheme.
This ensures the public interest is represented on boards and enables the public sector to earn a return on investment in infrastructure that can be recycled, he said.
Addressing concerns about long-term costs, the former First Minister explained repayments will equate to a “manageable” 0.4% of the day-to-day budget even at the peak.
He said: “In this year, we are providing £50m in revenue to support the borrowing through the mutual investment model. At the moment, that will rise to £100m in the most expensive year of the scheme and that’s in 2028/29.”
During Tuesday’s (October 7) statement, he added that modelling suggests every £1 invested as public equity in a MIM project will earn more than £3 in return.

The Conservatives’ Sam Rowlands supported the “innovative” way of investing in modern schools, hospitals and roads though he pointed out that public bodies in Wales did use PFI.
He warned that PFI models were “supercharged” under Tony Blair’s UK Government after being launched by John Major, saddling future taxpayers with a £215bn commitment.
Plaid Cymru’s Heledd Fychan expressed concerns about constraints on Welsh Government borrowing, with councils having greater flexibility, leading to the creative workaround.

Rhys ab Owen, who sits as an independent, similarly criticised “pitiful” borrowing limitations, with Cardiff and Swansea councils’ combined powers exceeding the Welsh Government’s.
Labour’s Mike Hedges asked: “Is the mutual investment model PFI-lite? While the worst excesses of PFI – … such as the £20 to change a light bulb – will not occur, it is still a long-term commitment that will have an effect on revenue budgets for a long time.”
Prof Drakeford said the Welsh Government always seeks to exhaust the cheapest money first and MIM is the last form of borrowing ministers turn to. But he stressed: “This is a choice between using this form of investment or not being able to invest at all.”
Education
Tenby students compete in UK robotics challenge
STUDENTS from Ysgol Greenhill in Tenby have taken part in the FIRST Tech Challenge UK & Ireland competition, showcasing their engineering and computing skills at a national robotics event.
The Tenby Techno Team travelled to the University of Wales Trinity Saint David’s School of Applied Computingwhere teams from across the UK and Ireland gathered to compete in the international robotics programme.
The competition challenges students to design, build and programme robots capable of completing tasks on a specialist arena, testing both technical ability and teamwork.
The Tenby team said they were proud to be competing and were supported during the event by former computing students Issac, Ieuan and Finley, who returned to help the team as volunteers.

Organisers of the programme say the FIRST Tech Challenge aims to inspire young people to pursue careers in science, technology, engineering and mathematics while building practical problem-solving skills.
The team also thanked Valero Pembroke Refinery and Tenby Round Table for sponsoring the project, along with Marc Ingram, who provided advice and guidance during the build and preparation stages.
More updates from the competition are expected as the event progresses.

Education
Port joins careers event for Pembrokeshire pupils
THE PORT OF MILFORD HAVEN joined students from schools across Pembrokeshire for a careers event aimed at inspiring the next generation of workers in the region.
The event, organised by the SPARC Alliance, took place at the Canolfan Arloesedd y Bont / Bridge Innovation Centre. Pupils were given the opportunity to learn about a range of career opportunities available at the port and the wider maritime sector.
Representing the Port of Milford Haven were Pilot Jamie Furlong, Project Manager Claire Lawrence, Environmental & Sustainability Assistant Bethan Davie, HR Director Vidette Swales and Stakeholder Engagement Executive Emily Jones.

Students spoke directly with the team about different roles within the organisation and the skills needed to work in areas such as shipping operations, project management, environmental work and stakeholder engagement.
The Port thanked the SPARC Alliance for hosting the event and said supporting initiatives that connect young people with employers and highlight opportunities in Pembrokeshire is something it is proud to be part of.

Education
Influencers amplify misinformation and online toxicity, study finds
SOCIAL media influencers can significantly increase the spread and toxicity of misinformation online, according to new research led by academics at Cardiff Business School.
The study, published in the journal Psychology & Marketing, analysed brand-related misinformation and associated user comments across forty-seven brands in nine industries over a three-year period. Researchers say it is the first study to measure how online toxicity differs when misinformation comes from influencers rather than ordinary users.
Brands increasingly rely on social media influencers to reach audiences, with spending on influencer marketing hitting a record $33bn in 2025. While influencers can drive engagement and sales, the communities built around them can also amplify inaccurate claims and direct hostility towards brands.
The research found that regular social media users who spread misinformation are often challenged or criticised by other users. As a result, discussions tend to become more civil over time as inaccuracies are corrected.
Influencers, however, face the opposite incentive. Their visibility, engagement and profits often increase when posts generate controversy or strong emotional reactions.
The analysis found that online toxicity was particularly high when influencers discussed socio-political issues, where public emotions and stakes are greater.
Lead author Dr Giandomenico Di Domenico said: “Social media influencers often have huge followings that are extremely valuable for brands seeking to increase sales.
“But our research shows the negative consequences when influencers endorse or amplify misinformation. Under the same conditions that increase their visibility and influence, influencers also generate significantly more toxic engagement than regular users.”
He explained that the close relationships influencers cultivate with their followers play a key role.
“Unlike regular users, influencers form parasocial bonds with their communities. These relationships make followers far more likely to support or defend claims without critically questioning them.
“This means misinformation introduced within these networks does not simply attract attention — it can transform scattered reactions into collective, belief-driven antagonism.”
The researchers identified two key mechanisms that strengthen misinformation when it comes from influencers.
The first is “legitimation”, where the influencer’s endorsement lends credibility to a claim. The second is “community enmeshment”, where followers rally around the influencer and reinforce the narrative.
When combined, these factors can create what researchers describe as “toxic echo chambers”, producing a self-reinforcing cycle in which toxicity increases engagement — and engagement encourages further inflammatory content.
The study highlights how these dynamics played out in early 2025 when several TikTok influencers posted viral videos claiming luxury brands including Hermès, Louis Vuitton and Chanel secretly manufactured products in Chinese factories while marketing them as “Made in France” or “Made in Italy”.
The videos presented the claims as exposés of industry deception but offered no verifiable evidence. Despite this, they generated millions of views and fuelled widespread online debate about authenticity, ethics and transparency in the luxury industry.
Dr Di Domenico said the example illustrates a growing tension within influencer culture.
“Despite the positive impact influencers can have on marketing outcomes, their prominence also introduces new risks,” he said.
“When misleading or controversial claims are amplified by influencers, the resulting backlash can create highly toxic environments that damage brands and distort public understanding.”
The research paper, titled Don’t You Know That You’re Toxic? How Influencer-Driven Misinformation Fuels Online Toxicity, is published in Psychology & Marketing.
-
Health3 days agoWelsh Ambulance Service to host bi-monthly Board meeting
-
News2 days agoRayner and Lammy visit Wales to discuss justice and community safety
-
Local Government5 days agoRegister now to vote in May’s Senedd election
-
Crime7 days agoFormer Pembrokeshire Army officer stripped of MBE after fraud conviction
-
Community7 days agoTenby still waiting as Wales hits 50 rural mobile mast upgrades
-
Community7 days agoCarmarthenshire woman celebrates 100th birthday surrounded by family
-
News7 days agoHustings to focus on learning disability support ahead of Senedd election
-
Crime6 days agoE-bike rider who sped through pedestrian alley sentenced by court







