Business

Celtic Freeport progress despite Government communications mix-up

Published

6 months ago

October 28, 2024

MILFORD HAVEN Port Authority was dealt a short-lived setback last week when the government indicated it would announce five new freeports in Wednesday’s budget.

In a Financial Times report published Friday, a government insider confirmed Downing Street was preparing to reveal five additional freeports across the UK, joining the twelve currently designated sites, including those at Milford Haven and Port Talbot, aimed at boosting economic growth and job creation. The report also suggested that Labour Leader Keir Starmer anticipated the new freeports would “bear this government’s stamp,” despite the policy’s origins in Conservative-led initiatives.

However, in a rapid reversal, the government clarified on Sunday that Wednesday’s budget will not announce new freeports. Instead, Chancellor Rachel Reeves is expected to focus on plans and funding to make several existing designated freeports “operational,” moving closer to full functionality with approved tax and customs status.

Milford Haven, along with Port Talbot as part of the Celtic Freeport project, and Anglesey Freeport were designated as Wales’s first freeports in March 2024 but remain awaiting full operational status.

Currently, twelve freeports are scattered across the UK, including sites at Inverness, the Forth, Teesside, the Humber, Liverpool, Anglesey, Plymouth, the Solent, the Thames, and Felixstowe and Harwich. However, not all are classified as operational, as some await final designation of specific tax and customs sites to activate intended benefits.

The government confirmed that the chancellor’s budget announcement will establish five new customs sites within existing freeports rather than launching entirely new locations. Ports at Inverness and the Humber will, for the first time, have designated customs sites, enabling the Humber site to become operational and eligible for tax reliefs and funding. Meanwhile, Inverness is still awaiting final sign-off. Three additional customs sites will be introduced at Liverpool, adding to the city’s existing infrastructure.

Freeports’ impact on UK economy

Freeports, positioned strategically near ports or airports, exempt imported goods from tariffs, a model aimed at spurring economic activity in trade, investment, and job creation. Businesses operating within these zones benefit from tax reliefs, such as property and employment incentives, meant to attract long-term investment. Originally active in the UK from 1984 until 2012, freeports were phased out by David Cameron’s government. Rishi Sunak reintroduced them as chancellor in response to Brexit, seeking to soften tariff impacts and establish a stable investment climate.

Since 2021, the UK has established eight freeports in England and two each in Wales and Scotland. However, challenges remain, as some officials and critics argue the zones merely shift economic activity rather than creating net growth. Despite these critiques, industry leaders in Milford Haven view the Celtic Freeport as a green corridor that could foster local prosperity through inward investment and job creation.

The vision for Celtic Freeport

For the Port of Milford Haven, expectations remain high as it partners in the Celtic Freeport project. A spokesperson for the port commented: “We’re encouraged that the parliamentary process to formally designate the Celtic Freeport has begun. Subject to necessary approvals, we are hopeful the Celtic Freeport will be open for business by the end of November 2024.”

Tom Sawyer, Chief Executive of Milford Haven Port Authority, added, “The Celtic Freeport’s vision is to create a green investment corridor, helping to drive major inward investment, future skills development, and decarbonisation. For Pembrokeshire’s communities, that means new career routes, opportunities for business expansion, and greater local prosperity.”

While Downing Street’s recent miscommunication may not directly affect ongoing plans, its mixed signals underscore growing concerns over government coordination and the effectiveness of freeports in achieving their ambitious economic goals.

For the Port of Milford Haven, optimism remains high as they await the final approvals to make the Celtic Freeport a reality by the end of the year, contributing to a green and prosperous future for Pembrokeshire and beyond.

Business

Greenlink energy link goes live, connecting Pembrokeshire to Ireland

Published

2 days ago

April 17, 2025

Tom Sinclair

Interconnector brings power boost and green energy potential to Wales and Ireland

A MAJOR new electricity interconnector linking Pembrokeshire and Ireland has gone live, with power now flowing between the two countries for the first time via the Greenlink project.

The 504-megawatt (MW) Greenlink Interconnector connects National Grid’s 400kV substation at Pembroke with EirGrid’s Great Island substation in County Wexford. The link spans 200km, including 160km of high-voltage direct current (HVDC) cable laid beneath the Irish Sea.

The interconnector is expected to improve energy security, increase grid resilience, and support the growth of renewable energy by allowing surplus electricity to be shared between Wales and Ireland.

Greenlink is one of the first privately funded energy infrastructure projects of its kind in Europe. It is owned by Greenlink Interconnector Limited and operated by EirGrid.

At the Welsh end of the link, National Grid carried out a series of upgrades to its Pembroke substation, including the installation of a new gas-insulated switchgear bay inside the existing air-insulated facility. The hybrid solution was designed to be space- and cost-efficient, and it uses a greener insulating gas instead of sulphur hexafluoride (SF6), in line with National Grid’s target to halve SF6 emissions by 2030.

James O’Reilly, CEO of Greenlink Interconnector Limited, described the go-live as a “significant milestone.”

He said: “This is one of the first privately developed and funded energy projects between the UK and Ireland. By enabling the transfer of green energy across borders, Greenlink strengthens energy security, enhances sustainability, and fosters greater connectivity with the wider European market.”

John Twomey, Director of Customer Connections at National Grid, said connecting Greenlink to the network at Pembroke allows both countries to “benefit from that boost in capacity and resilience.”

He said: “As demands on our electricity grids evolve, interconnectors provide immense value by strengthening the security of electricity supplies and improving our collective ability to exploit renewable power produced across borders.”

The converter stations at each end of the interconnector transform electricity between direct current (DC) and alternating current (AC) for use on the respective national grids.

Michael Kelly, interim Chief Operations and Asset Management Officer at EirGrid, said the project was “a vital step forward in strengthening our shared commitment to energy resilience and security.”

He added: “EirGrid is leading the transition to a low carbon future by making Ireland’s grid renewable ready. This latest connection was made possible through collaboration with our UK colleagues and the Greenlink team.”

The interconnector is now fully operational, with electricity flowing across the Irish Sea in both directions.

Business

Boost your start-up idea with popular Business Bootcamp

Published

3 days ago

April 16, 2025

Tom Sinclair

PEMBROKESHIRE’S popular Business Bootcamp is set to return to offer a boost to local start-ups this summer.

Following the success of last year’s event and positive feedback from participants, Pembrokeshire County Council’s Business Support Team will host a two-day Business Start-Up Bootcamp in June.

Entrepreneurs at prestart, start-up or established business stages are encouraged to register for this free workshop offering an insight into business essentials.

Experts will cover key topics including idea generation, branding, marketing, finance, and pitching.

There will also be an opportunity to network with like-minded entrepreneurs, find out more about what support is available and explore potential business connections.

Pembrokeshire County Council’s Business Development Officer for Entrepreneurship Industries Alex Evans said: “Due to popular demand and positive feedback from the previous Bootcamp we ran, we were happy to run another Bootcamp to supply the growing demand of business support in the County of Pembrokeshire.

“With a specialist organisation running the Bootcamp and guest speakers attending, this is a great opportunity for entrepreneurs to either kick start their business ideas or boost their business growth.”

The Bootcamp, funded by the UK Government Shared Prosperity Fund, will take place on June 3^rd and 10^th 9am to 3pm at the Bridge Innovation Centre, Pembroke Dock, SA72 6UN. Places are limited and booking is essential.

To find out more please contact Alex on [email protected] or 07584642534.

Ends

Business

Business leader takes on 414-mile Easter cycling challenge

Published

3 days ago

April 16, 2025

Tom Sinclair

A LEADING west Wales businesswoman is preparing for an epic 414-mile cycling journey from Fishguard to London to raise funds for children and families living in poverty.

Amy Seppman, Marketing Director at JCP Solicitors and President of Swansea Bay Business Club, will set off on Thursday (April 17) on a six-day bikepacking challenge alongside her friend and fellow fundraiser, Hollie Labunsky.

The pair will complete the journey entirely unsupported, carrying all their gear as they follow the scenic but demanding National Cycle Route 4 through the Welsh countryside and into the heart of London.

The challenge forms part of Amy’s efforts to raise £40,000 for Swansea-based charity Faith in Families, which supports vulnerable children and families across the region. With more than £38,500 already raised, Amy hopes the ride will push her over the fundraising finish line – with time to spare for further events later this year.

Speaking ahead of the challenge, Amy said: “Faith in Families is an incredible local charity doing vital work in our communities. As part of my presidency at Swansea Bay Business Club, we’ve been raising funds through various events – but this one might be the toughest yet.

“We’ll be cycling for six days straight, tackling hills, country lanes, and city streets – all with our backpacks strapped to our bikes. It’s going to be gruelling, but it’s nothing compared to the daily challenges many families in our area face.

“Whether you can donate, cheer us on, or share our story – it all makes a difference.”

Amy will be joined by Hollie Labunsky, a teacher of Economics, Criminology and Business at Treorchy Comprehensive School, who shares both her passion for cycling and her commitment to the cause.

The pair’s route is as follows:

Day 1: Fishguard to St Clears – 66 miles
Day 2: St Clears to Llanelli – 53 miles
Day 3: Llanelli to Caerphilly – 63 miles
Day 4: Caerphilly to Bath – 75 miles
Day 5: Bath to Windsor – 107 miles
Day 6: Windsor to Greenwich – 50 miles, finishing with a ride through Central London

Cherrie Bija, CEO of Faith in Families, described the cyclists as “absolute superheroes.”

She said: “Amy and Hollie are absolute superheroes. Their journey isn’t just about miles – it’s about impact. Every pedal they push brings us closer to helping more children in crisis, more families in need, and more communities in recovery.”

Faith in Families delivers critical support to families affected by poverty, trauma and crisis. Through initiatives such as Community Cwtches, one-to-one therapy, family support, and Wales’ first Multibank – Cwtch Mawr – the charity provides essentials including clothing, hygiene products, school uniforms and warm bedding to those most in need.

To support Amy and Hollie’s Easter ride and help Faith in Families continue its vital work, donations can be made at: https://localgiving.org/fundraising/Fish-Don