Connect with us
Advertisement
Advertisement

News

Christmas leaves consumers strapped for cash

Published

on

consumers strappedNEW research released this week shows that around 55 per cent of consumers in Wales ran out of disposable cash in January, after failing to budget for the Christmas and New Year festivities.

The average shopper in Wales overspent by £324.54 at Christmas, and more than two thirds (68 per cent) found the first month of the year a real struggle to get through financially, as they waited for their first 2014 wage packet to pay off credit cards, overdrafts and other festive bills.

The findings from The Co-operative Food coincide with the launch of the retailer’s 2014 Saving Stamps scheme, designed to help people to manage their budgets by saving a little each week throughout the year to help spread the cost of Christmas.

The community retailer saw sales of the £1 savings stamps soar by 40 per cent in 2013, as savvy shoppers reverted to the old-school way of saving. Commonplace in households in the sixties when budgets were notoriously tight, saving stamps were a popular way to put a little away each week.

As an extra incentive, customers redeeming a full saving stamps book with £48 worth of stamps in December receive £50, which means they receive a free £2 bonus for each full saving book redeemed in the run up to Christmas.

The Co-operative is the only retailer to provide extra security for its customers’ saving stamps, by protecting the money in a trust fund, which is managed by an independent trustee.

The Co-operative’s trust fund was set up in response to the collapse of the Farepak Christmas Club in 2006, when nearly 120,000 people, many from low-income households, lost on average £400 each. When establishing the trust, The Co-operative worked closely with representatives of the Farepak Victims Committee,Andrew Mann, Customer Director, The Co-operative Food, said: “As our research shows, many people were left with a financial hangover after overspending at Christmas and are still paying for the festivities.

“As a responsible retailer, we are keen to help our customers manage their budgets, and our saving stamps scheme is a simple and effective way to help put money aside throughout the year to help spread the cost of Christmas.”

He added: “Sales of saving stamps rose by 40 per cent in 2013, and we are expecting our saving scheme to be just as popular this year, as customers adopt a prudent approach to managing their money and start saving now January is out of the way.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Too many children in Wales living in poverty – Lib Dems want action

Published

on

THIS week in the Senedd, the Welsh Liberal Democrats renewed their demands for the implementation of child poverty targets.

According to a report from the Bevan foundation, 29% of children living in Wales are currently experiencing poverty (an estimated 190,000 children).

The same report highlighted that the largest percentage of children living in poverty are from working households or in couple households.

The Welsh Lib Dems are now renewing calls for the Welsh Government to create a set of targets for reducing child poverty, which the party argues will allow for more accountability.

The party has previously called for the implementation of targets, citing recommendations from the Calling Time on Child Poverty Report published in November last year.

Commenting, the Leader of the Welsh Liberal Democrats Jane Dodds MS said: “The latest statistics on childhood poverty in Wales paints a very distressing image of families across the country struggling to make ends meet.

Over the course of the last six years, the proportion of children in poverty has skyrocketed. Fuelled by worsening economic conditions and a complete lack of action from both governments in Westminster and Cardiff Bay.

We cannot act complacent about these figures nor accept the clear lack of progress in fighting child poverty, behind each statistic is a child that the state has failed.

It remains painfully clear that the Welsh Government is failing to make any meaningful progress in this fight, which is why they must follow through with the implementation of clear set targets that will allow for further accountability.

We as a party have continuously called for the creation of these targets and we will not be silenced. For the sake of future generations we urge the Welsh Government to listen.”

Continue Reading

Crime

Welsh constabulary areas record another increase in shoplifting

Published

on

RETAIL trade union Usdaw is deeply concerned by today’s police recorded crime statistics showing that in 2023 there were significant increases in shoplifting across all constabulary areas in Wales. In the whole of England and Wales there has been a persistent upward trend since the pandemic, which continued with a 37% increase and has now risen to the highest level in 20 years.

The Office for National Statistics released figures showing a 39% increase in shoplifting incidents across Wales and by constabulary area as follows:

  • Dyfed-Powys +11%
  • Gwent +47%
  • North Wales +23%
  • South Wales +51% 

Usdaw’s 2023 annual survey of over 5,500 shopworkers found that 60% had suffered incidents of violence, threats and abuse that were triggered by shoplifting and armed robbery.

Paddy Lillis, Usdaw General Secretary says: “Shoplifting is not a victimless crime, theft from shops has long been a major flashpoint for violence and abuse against shopworkers. Having to deal with repeated and persistent shoplifters can cause issues beyond the theft itself like anxiety, fear and in some cases physical harm to retail workers. This 39% increase in shoplifting across Wales is further evidence that we are facing an epidemic of retail crime, which is hugely concerning.

“Our members have reported that they are often faced with hardened career criminals in the stores and we know that retail workers are much more likely to be abused by those who are stealing to sell goods on. Our latest survey results show that 7 in 10 retail workers suffered abuse from customers, with far too many experiencing threats and violence. 60% of respondents said theft from shops and armed robbery were triggers for these incidents.

“The scale of assaults, abuse and threats towards shopworkers and extent of the retail crime epidemic has been a disgrace for many years. This has been made worse by police cuts and a failure to legislate to protect retail staff. Usdaw has long called for action that includes a standalone offence for assaulting a shopworker and that has been vehemently opposed by this Government and their Conservative MPs on many occasions.

“Recently the Government performed a long overdue U-turn after many years of sustained campaigning by Usdaw and others. Our members have had to wait too long for their voices to be heard and common sense to prevail. We will have to see the detail of what Ministers are proposing and we are clear that it must be at least what we won in Scotland three years ago. It also cannot fall short of Labour’s commitments to 13,000 more uniformed officers, patrols on high streets, banning repeat offenders and ending the perverse £200 threshold for prosecuting shoplifters.

“The dither and delay by this Government on this issue over many years, has led to thousands of shopworkers needlessly suffering physical and mental injury. Today’s stats should ensure that their promise to legislate is done speedily. We hope that whatever the Government is proposing will be substantial and effective in giving shopworkers, key workers in every community, the respect that they have long deserved and regrettably too often do not receive.”

Continue Reading

Business

Paramount’s key role in transformation of McArthurGlen Designer Outlet

Published

on

FAST-growing Welsh company Paramount is relishing the challenge of creating an “irresistible dining destination” after winning the contract to play a key role in the multi-million transformation of the McArthurGlen Designer Outlet Bridgend.

The Cardiff-based design, build, fit-out and refurbishment specialist will spearhead the re-development project of the shopping centre after being handed responsibility for revamping its popular food court over the summer.

In the coming months, the development will see the Food Court transformed into three modern, and bright restaurants, welcoming new food and beverage brands to the centre and creating more than 100 new job opportunities for the local community.

Paramount’s Construction Director, Paul Thomas, said: “The team behind the scenes at McArthurGlen Designer Outlet Bridgend have fantastic plans for the future and we’re delighted to have been entrusted with the mission to help turn their exciting vision into a reality.

“Paramount prides itself on creating places where people want to be, and my team are relishing the opportunity to help create what will be an irresistible dining destination. It’s certain to be a complex project, but we have the expertise and local knowledge to deliver outstanding results in close collaboration with our project partners.”

The owners of the shopping centre, which has been attracting local people and visitors for more than 25 years, have promised a “substantial investment to redevelop the Food Court area and replace it with new and exciting restaurants”. 

Now the Paramount team is ready to lay the groundwork by removing some existing structures around the Food Court and will then introduce a series of new features as part of the overall facelift. These include new glazed entrance doors within glazed curtain walling shopfront, render and a new entrance lobby with new stairs and lifts.

The work to completely develop the Food Court in the shopping centre starts this week, and is expected to be completed in late autumn. As a result, customer favourites including Nando’s, McDonald’s and Chopsticks will be closed while work is under way.

Patrick Finney, Head of European Construction, McArthurGlen Group, said: “After celebrating our 25th anniversary last year, we’re extremely pleased to welcome Paramount on board in this important step of revitalising the Food Court area. 

“These are exciting times for everyone at one of South Wales’ best-loved retail complexes and we know Paramount will work closely with us to create a truly special place for diners and shoppers of all ages.”

Paramount, whose turnover reached £45 million in 2023, employs 60 people who own a majority shareholding of the business – 51 per cent – following completion of an Employee Ownership Trust  (EOT) scheme in 2021, a deal which marked a major milestone for Paramount after a period of sustained growth. 

The company is well known across Wales and England where it has created high-quality inspirational space for a number of leading companies. These include the multi-million-pound redevelopment of Hodge House and Fusion Point One in central Cardiff, and the fit out of Par 59 bars in South Wales and South West. 

Over the next few months, Paramount’s construction team will also be completing on a multi-million-pound social housing development in Porthcawl, Mid-Glamorgan with Valleys to Coast.

Continue Reading

Crime17 hours ago

All three school stabbing victims discharged from hospital, police confirm

POLICE remain at Ysgol Dyffryn Amman today, following an incident yesterday in which three people were injured, Dyfed-Powys Police confirmed...

Crime2 days ago

Pembrokeshire pensioner accused of 17 sexual offences against children

A 72-YEAR-OLD Pembrokeshire man has appeared before magistrates charged with 17 sexual offences against children under the age of 14....

News2 days ago

Police and air ambulances at ‘serious incident’ at West Wales school

DYFED POWYS POLICE has said it is dealing with an incident at a west Wales school. There has been a...

News3 days ago

Haverfordwest interchange: Next stage of £19m project backed

The second stage of building Haverfordwest’s near-£19m transport interchange has been backed, with senior councillors hearing it could cost the...

News6 days ago

20mph U-turn: Some roads will return to 30mph following public outcry

IN a recent shift in policy, Transport Secretary Ken Skates announced that some roads in Wales will revert to a...

News7 days ago

Police issue update on the search for Luke, missing from Pembroke Dock

POLICE have made the difficult decision to end the search for Luke, following a joint decision by all the agencies...

Entertainment1 week ago

NoFit State Circus set to thrill Pembrokeshire this summer

NoFit State Circus is set to captivate Pembrokeshire once again this summer, as they bring back their thrilling big top...

News1 week ago

Search for missing teenager Luke continues at Pembroke Dock

THE SEARCH for the missing 19-year-old, Luke, continues unabated into its fourth day, with efforts increasingly centred around the waterways...

Crime1 week ago

Estate agents admit health and safety failings following fatal market incident

WEST WALES estate agents J J Morris have appeared before Pembrokeshire law courts charged with failing to discharge general health,...

Crime1 week ago

Pembroke man sent ‘grossly offensive and disgusting’ message to sister

A DISTRICT Judge has described how a Pembroke man sent a ‘disgusting, appalling and grossly offensive’ message to his sister...

Popular This Week