Connect with us
Advertisement
Advertisement

Politics

Record high for new Welsh businesses

Published

on

John Korchak, Director of Operations at Inform Direct: ‘We’re not seeing evidence that the Brexit vote has dented confidence’

NEW figures show that more new companies were registered in Wales during 2016 than in any previous year – and the number of companies in Cardiff passed the 20,000 milestone for the first time.

The total number of businesses now totals 105,039, up from 100,661 at the end of 2015, which equates to 4.3% growth. During 2016, 15,795 new companies were formed.

Cardiff formed the most new companies (3,133), followed by Swansea (1,381) and Rhondda Cynon Taf (1,197).

Merthyr Tydfil saw a 12.6% increase in the number of companies, compared to the total growth of 4.3% across Wales and UK national growth of 5.4%.

The statistics come from the Inform Direct Review of UK Company Formations, using data from Companies House and the Office of National Statistics.

John Korchak, Director of Operations at Inform Direct, said: “These figures underline the positive entrepreneurial culture that fosters new company formations and drives economic growth. So far, at least, we’re not seeing evidence that the Brexit vote has dented confidence among those considering starting up in business.

“Wales again delivered an impressive number of new companies in 2016 – more than in any previous year – demonstrating that it offers a fertile environment for new businesses to spring up and prosper. There were also some interesting areas for growth, with the number of businesses in Cardiff passing the 20,000 milestone for the first time and Merthyr Tydfil showing percentage growth almost three times the rate across Wales.”

Across the UK as a whole, there were a record-breaking 664,720 companies formed – up from 612,565 in 2015.

Of the 601,418 formations in England, 209,869 were in London. 35,502 companies were formed in Scotland, 15,795 in Wales and 7,389 in Northern Ireland. The number of UK companies now stands at 3,962,909.

 

Business

Harbwr Brewery plans for Saundersfoot Old Chemist pub

Published

on

A FORMER Pembrokeshire county councillor who owns many hostelries in the county has submitted plans to the national park to rejuvenate a “tired” seaside pub.

In an application to Pembrokeshire Coast National Park, Mike Evans of Harbwr Brewery, a former county councillor and national park authority member, seeks a partly retrospective permission for works at the Old Chemist Inn, The Strand, Saundersfoot.

The works include proposed internal alterations to the basement and ground floor, a new rear balcony area to replace the existing one, improvements to front façade, a change of use of shop space to food/drink, and installation of seating booths in the rear garden.

It says the changes proposed will increase the number of staff employed to 15 full time and 10 part-time.

No objections to the proposal were raised by local community council Saundersfoot.

A supporting statement through agent David J P Morgan RIBA Architect, says the 19th Century pub “has endured many alterations during its lifetime and at present it needs improvements to echo the recent upgrading of the village, both in the general tourism support facilities, as well as the new innovative harbour development,” with the  appearance and interior facilities “tired” and needing “works both inside and outside to enable the inn to achieve and provide the high levels of cuisine and facilities now expected”.

It says: “The Inn has been purchased by a local company who have a number of establishments within Saundersfoot and Tenby. The company is owned by local people, they use local produce, they employ local labour and work actively with local communities to achieve the high standards expected.

“The proposals include internal alterations to the internal layout of basement and ground floor which will improve bar, kitchen and food facilities and allow a much more varied menu including lots of local produce and locally caught seafood dishes. New toilet facilities will be provided on both levels to cater for the increase in visitors to the Inn.”

It adds: “The applicant has recently purchased the small retail unit on the ground floor. This was a single room, situated in between the two entrances into the Inn and with its own entrance door from the street.

“The current proposals include integrating this unit into the public house bar area and consequently the application includes a change of use from retail to the serving of food and drink.”

It goes on to say: “The rear ‘beer garden’ will be improved to allow more space and comfortable seating areas.

“The applicant is well known for the extensive use of external plotted plants in open areas at their establishments and the garden area will give the opportunity of using such to soften the garden area whilst giving greater habitat opportunities for birds and insects.”

There were initial objections from the Park’s buildings conservation officer to some of the parts of the design, a 2025 application being withdrawn early that year; amended plans being later submitted.

The application will be considered by park planners at a later date.

 

Continue Reading

News

IFS report says Wales lags behind UK on economy and poverty

Published

on

THE WELSH GOVERNMENT’s key Child Poverty Strategy lacks clarity, has no reliable way of measuring success or failure, and, crucially, does not account for the Welsh Government’s lack of control over the levers needed to deliver on it.

Those are the findings of a new report by the UK’s leading economic policy research body, the Institute for Fiscal Studies (IFS), which looks at Wales’s economic performance and poor employment record.

The IFS report, published on Wednesday (April 1), shows that Wales’s economic performance is the worst of the UK nations, with the lowest employment rate, the lowest incomes, the lowest productivity, and the worst poverty levels.

POVERTY STRATEGY LACKS FOCUS

The Welsh Government launched its Child Poverty Strategy in 2018, with five broad aims to reduce child and youth poverty. However, the IFS criticises how those aims have been set out, finding that the definitions are too broad to be measured accurately and lack focus. In particular, the IFS says the strategy’s aims are so nebulous that they ignore the impact of policy areas over which the Welsh Government exercises direct control, for example, health and education, on how outcomes might be measured.

The IFS report says: “Issues with the data mean a material risk that the Welsh Government might either appear to have met a future poverty target or missed it, by a large margin, when in fact the reverse is true.”

WG NOT IN CONTROL OF OWN POVERTY STRATEGY

In any event, several of the most direct policy levers available to influence employment and earnings, including minimum wages, employment law and benefits policy, are reserved to Westminster. However, even if these policy levers were available, it would be very challenging to achieve large, rapid reductions in child poverty with them. In addition, Labour has ruled out using the tax system to generate additional income to help it meet its aims.

Wales’s highest-earning regions are along the North East Wales border with England and in the Cardiff and Newport areas. In addition, proportionately more Welsh employees are public sector workers, who are also, far and away, the best paid in Wales. The average public sector wage is around £5,000 higher than the average private sector wage. And those jobs, too, are disproportionately centred in Cardiff, Newport and North East Wales. The best-performing areas by employment rate, Monmouthshire and Newport, are within easy reach of the English border.

POVERTY CONCEALED BY LOWER PROPERTY VALUES

Compared with the rest of the UK, the gap between men’s and women’s pay is lower in Wales, as are the differences in income and in the highest and lowest property prices. However, property prices are far lower in Wales than in England, as are incomes overall; in addition, there are so few higher-rate tax earners in Wales that the Welsh Government increasing their income tax would have a negligible effect on its revenue. In addition, because Welsh housing prices are much lower than elsewhere in the UK, and because housing costs are a factor in how poverty is measured, housing costs improve one of the key poverty metrics.

 

Continue Reading

News

Carol Vorderman urges Welsh voters to reject Reform UK ahead of Senedd election

Published

on

TV presenter and commentator to appear at Cardiff event aimed at mobilising anti-Reform voters before May 7

CAROL VODERMAN has urged voters in Wales to reject Reform UK at next month’s Senedd election, as she prepares to appear at a live political event in Cardiff focused on keeping the party out of power.

Speaking ahead of an emergency Guilty Feminist Welsh Election Special at the New Theatre, Cardiff, on Sunday, April 12, Vorderman said Wales faced a crucial choice at the ballot box.

She said: “Wales has a chance for a new beginning in May. But Reform, the chaotic London-based, privately educated, failed Tory party, needs to be sent packing.

“Already numerous of their 96 Welsh candidates have resigned or been sacked for revolting actions. Their last Welsh Reform leader Nathan Gill is serving time in jail for accepting Russian bribes while serving in the European Parliament. Their new Welsh leader was a Tory living in London until a few months ago.

“Farage is a thin-skinned and proven liar. Everyone must come out to vote to save our country. Cymru Am Byth.”

Vorderman is due to appear alongside Guilty Feminist host Deborah Frances-White, with Welsh comedians Kiri Pritchard-McLean and Priya Hall also on the bill. Organisers say the night will mix comedy, music and political discussion, with the aim of building strategy ahead of the election.

Frances-White said polling suggested the Senedd result could be close and argued that “it really matters who ends up making decisions about our lives”, adding that the event was intended as a “get-in-the-room” night to work out how to respond.

Reform UK’s current leader in Wales is Dan Thomas, who was unveiled by Nigel Farage in Newport in February. Thomas is a former Conservative leader of Barnet Council in London, although he grew up in Blackwood.

Vorderman’s reference to Nathan Gill points to a highly embarrassing chapter in the party’s recent history. Gill, a former Reform UK politician and ex-MEP, was jailed last year after admitting taking bribes from pro-Russian figures in exchange for speeches and statements in the European Parliament.

Asked for a response to Vorderman’s remarks, a Reform UK Wales source replied briefly: “Does she even live in Wales?”

It was a short answer, but perhaps not one likely to end the argument. With the campaign heating up, and with high-profile voices now piling in from outside formal party politics, the battle for attention ahead of May 7 is only getting louder.

 

Continue Reading

Crime2 days ago

Driver spared jail after crash killed young couple

A PEMBROKE DOCK driver who caused the deaths of a young couple in a road crash has been given a...

Entertainment2 days ago

BBC unveils major new Welsh dramas with Tenby set for prime-time spotlight

New crime series Old Town Murders and supernatural thriller The Witch Farm will both be filmed and set in Wales...

Health2 days ago

No jobs for new paramedics in Wales as graduates told to apply for technician roles

Students trained at public expense urged to take lower-grade jobs as anger grows over NHS workforce planning NEWLY qualified paramedics...

News3 days ago

Health minister refuses to act on Withybush despite 15,000-signature petition

Senedd pressure grows as Welsh Government declines to intervene over surgery fears THE WELSH GOVERNMENT has refused to step in...

Business3 days ago

Fishguard to Wexford rail tunnel plan backed by Elon Musk firm

Six-hour London to Dublin service proposed in £32bn project ahead of Senedd election PLANS for a rail tunnel linking west...

Charity4 days ago

Milford Haven charity honoured with King’s Award for voluntary service

A PEMBROKESHIRE charity supporting vulnerable young people has received one of the highest honours in the UK for voluntary work....

News5 days ago

Plaid Cymru launches bid to lead next Welsh Government

Party positions itself as ‘government-in-waiting’ ahead of May election PLAID CYMRU has formally launched its campaign for the 2026 Senedd...

Crime5 days ago

Police appeal after attempted child abduction in Haverfordwest

DYFED-POWYS POLICE has launched an appeal for witnesses following a reported attempted abduction of a 12-year-old girl in Haverfordwest. The...

Crime6 days ago

Gunshot fired by police during incident in Milford Haven

A POLICE officer discharged a firearm during an incident in Milford Haven on Saturday evening (March 28), prompting an investigation...

Community7 days ago

Three Amigos Easter Run roars through Pembrokeshire

MOTORCYCLE enthusiasts turned out in force today (Saturday, March 28) as the popular Three Amigos Easter Run returned to the...

Popular This Week