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News

Wales faces deepening housing crisis as new figures show drop in home building

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Welsh Conservatives blame Labour for continued shortfall in new homes

THE LATEST housing figures from the Welsh Government have revealed a sharp drop in house building across Wales, deepening concerns over what opposition politicians are calling a “self-made housing crisis”.

Data covering the period from October to December 2024 shows that only 1,116 new dwellings were started in Wales — a 27% decrease compared to the same period the previous year. Completions also dropped, with just 1,336 new homes completed, a 12% fall from the previous year.

The figures have sparked renewed criticism from the Welsh Conservatives, who accuse the Labour-led Welsh Government of failing to prioritise housing policy effectively.

Laura Anne Jones MS, the Welsh Conservative Shadow Cabinet Secretary for Housing & Local Government, said the latest numbers highlighted a deepening problem.

“These latest figures highlight Labour’s self-made housing crisis in Wales,” she said.

“Labour simply aren’t building enough suitable homes and hardworking people are struggling to get on the housing ladder. Their obsession with second homes and their toxic tourism tax are the wrong priorities for Wales. The Welsh Conservatives would ensure more homes are built and empty homes are brought back into use.”

Drop across all sectors

The Welsh Government’s statistical bulletin confirms a decrease in house building across all tenures — private sector, social housing, and local authority-led construction.

The biggest fall was seen in the private sector, which accounted for 62% of all new dwelling completions but saw a 15% year-on-year decrease in total numbers. Social housing completions fell by 6%, and the small number of homes built by local authorities (only 62 units) represented a 13% fall on the same period the year before.

The slowdown comes amid wider concerns about housing affordability, population growth, and the availability of construction labour and materials.

Tourism tax and second homes policy under fire

The Welsh Conservatives have linked the slowdown to what they describe as Labour’s “misguided” focus on issues like second homes and tourism levies. The proposed visitor levy — sometimes referred to as a “tourism tax” — would allow local authorities to charge overnight visitors in a bid to generate revenue for communities affected by high levels of tourism.

Critics say the move could damage the rural economy and does nothing to address the underlying issue of housing supply.

In contrast, Labour ministers argue the measures are designed to help address the affordability crisis in areas where second home ownership has driven up house prices and left local people priced out.

Julie James MS, Minister for Climate Change with responsibility for housing, has previously defended the Welsh Government’s approach, saying efforts are underway to bring empty properties back into use and expand affordable housing through innovative schemes.

Rural communities hit hardest

The figures are particularly concerning for rural areas such as Pembrokeshire, Gwynedd, and Ceredigion, where housing demand remains high but new developments are often held back by planning delays and community opposition.

With fewer than 4,800 homes started across Wales in the whole of 2024, housing charities have also raised concerns that the government is unlikely to meet its target of delivering 20,000 new low-carbon homes for rent during this Senedd term.

Shelter Cymru and other housing organisations have repeatedly warned of a worsening crisis in homelessness and temporary accommodation, as local councils struggle to keep pace with rising demand.

Political pressure mounting

With the next Senedd elections coming up in 2026, housing is likely to remain a key political battleground.

The Welsh Conservatives are calling for:

  • A national strategy to bring empty homes back into use
  • A review of planning laws to streamline development approvals
  • Greater investment in infrastructure to support new housing schemes

Meanwhile, Labour will continue to argue that their policies are geared toward long-term sustainability and fairness — especially in communities where local people have been priced out by the second home market.

But with house building in decline and demand on the rise, pressure is growing on ministers in Cardiff Bay to act swiftly before the housing gap becomes unbridgeable.

Community

Milford Haven Town Council seeks nominations for 2025 Citizens’ Awards

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MILFORD HAVEN TOWN COUNCIL is inviting residents to put forward their local heroes for recognition in this year’s Citizens’ Awards.

The annual awards celebrate the efforts of individuals and groups who go above and beyond to make Milford Haven a better place—voluntarily and without any form of payment.

Nominations are now open, and members of the public are encouraged to take a moment to think about those who deserve a special thank you. Whether it’s someone who supports vulnerable neighbours, leads a youth group, organises community events, or simply goes out of their way to help others, the Town Council wants to hear about them.

A spokesperson for the council said: “These awards are a fantastic way to recognise the unsung heroes of our town—the people whose efforts too often go unnoticed. If you know someone who gives their time freely to benefit the local community, we urge you to nominate them.”

Nominations must be submitted by 12:00pm on Tuesday, April 22, 2025.

To obtain a nomination form:

Please note: Awards can only be granted to those working in a voluntary capacity, and previous award recipients are not eligible for nomination.

For inspiration, you can view highlights from last year’s ceremony via Milford Haven Town Council’s Facebook page:
facebook.com/milfordhaventowncouncil/posts/pfbid02f7WhKXhjtDxEqV68ujznDvFX89yhBYe8dQgXtqqY19Yb7bC7SeNYW6Ua42E4Ehevl

The council encourages everyone to get involved and help shine a light on the incredible community spirit that defines Milford Haven.

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Entertainment

The authentic sound of The Rolling Stones… with the world’s premier Jagger lookalike

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CAPTURING the authentic sound and spirit of The Greatest Rock n’ Roll Band In The World, NOT THE ROLLING STONES have played festivals, theatres and private gigs throughout Europe, the middle east and the UK. This May, they will appear here on the Torch Stage in Pembrokeshire!

Featuring the best Mick Jagger lookalike you will ever see, truly international tribute act in demand all over Europe as well as the UK, will take you back to the Golden Age of The Stones- from Satisfaction to Sympathy for the Devil… You won’t believe it’s not Jagger!

Based on the Rolling Stones, an English rock band formed in London in 1962 and active for over six decades, they were one of the most popular, influential, and enduring bands of the rock era and pioneered the gritty, rhythmically driven sound that came to define hard rock, and Not The Rolling Stones carry on that legacy today.

They have the unique asset of a ‘Mick and Keith’ who stagger audiences with their authenticity, also attested by the many TV and film credits they have between them.

Backed by a superb group of professional musicians that love the music they are playing; they convey their enthusiasm for the work of the world’s greatest rock and roll band.

Not the Rolling Stones will be on the Torch Theatre stage on Friday 16 May at 7.30pm. Tickets are £25. Visit the website for further details www.torchtheatre.co.uk or phone the Box Office on (01646) 695267.

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Business

Wales leads Britain in export growth for financial and professional services

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Financial exports soar by 63.5% to £4.3bn

WALES has outpaced every other part of Great Britain in export growth for financial and related professional services, according to a new report by TheCityUK.

The report, Exporting from across Britain: Financial and related professional services 2025, reveals that exports from Wales surged by 63.5% in 2022, reaching £4.3bn—significantly ahead of the national average.

Across Great Britain, total financial and related professional services exports rose by 18.4% to £158bn, with nearly half (47%) generated outside London. Wales contributed 2.9% of the UK’s total financial services exports and 2% of the related professional services total.

The report provides a breakdown of 2022 data by region and nation, highlighting the growing contribution of areas outside London in strengthening the UK’s role as a global financial centre.

In terms of export destinations, 27% of Wales’s financial services exports went to the European Union, with the remaining 73% reaching markets across the rest of the world.

Tom Bray, TheCityUK Chair for Wales and Senior Office Partner (Cardiff) at Eversheds Sutherland, said: “It’s great to see such strong growth in Wales for financial and related professional services exports. Our skill and ability to provide high-quality financial and professional services plays an important role in driving growth in Wales, creating jobs and opportunities for communities across the nation.”

Anjalika Bardalai, Chief Economist and Head of Research at TheCityUK, added: “In 2022, Wales had an extremely strong year of export growth, albeit from a lower base than most regions. Nearly half of all UK exports in financial and related services now come from outside London, reinforcing the UK’s strength as an international financial hub and the importance of regional contributions.”

Policy recommendations

TheCityUK report also outlines a series of recommendations for industry, government, and regulators to support export growth in Wales and beyond. These fall under three key areas:

1. Improving access to trade opportunities

  • Better coordination between UK government, devolved administrations, and investment bodies.
  • Align local growth strategies with national trade goals.
  • Launch a pilot national brokerage scheme to connect capital with investable projects.

2. Expanding global market access

  • Finalise FTAs with Switzerland and India, ensuring better market access and digital trade provisions.
  • Use talks with the Gulf Cooperation Council to promote regulatory cooperation.
  • Strengthen regulatory dialogues with major markets like the US, EU, Japan, and Singapore.
  • Replicate successful models like the UK-Switzerland MRA with other global financial centres.
  • Encourage domestic and international investment into UK scale-up businesses.

3. Positioning the UK for future demand

  • Make the UK a global hub for data, tech, and innovation.
  • Establish the UK as the gateway for international investment.
  • Focus development work on high-potential markets to maximise value.

The report underlines that Wales’s performance demonstrates the growing importance of the UK’s nations and regions in maintaining the country’s competitive edge on the global stage.

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