Business
Wales to benefit from US investment spotlighted during presidential visit
WALES is set to benefit from billions of pounds in new US investment, highlighted during the US President’s State Visit to the UK. The commitments form part of a wider £33 billion package delivered through the UK-US Tech Partnership, aimed at boosting growth in advanced technology and digital infrastructure.
Almost £12 billion of that total will come to Wales through Vantage Data Centres, which is developing one of Europe’s largest data centre campuses in Newport. The project is expected to create 11,500 jobs and forms part of the company’s growing footprint across the country, including an existing campus near Cardiff, a planned 10-centre complex at the former Ford engine plant in Bridgend, and a newly approved site at Bro Tathan business park in the Vale of Glamorgan.
The Business Secretary described the announcements as a “major vote of confidence” in Wales’ position within the AI economy, linking them to the Government’s AI Action Plan.
Tech prosperity deal
The State Visit also saw the launch of the UK-US Tech Prosperity Deal, focusing on accelerating growth in frontier sectors such as artificial intelligence, quantum technologies, and nuclear power. America’s top tech firms—including Microsoft, NVIDIA, Google, OpenAI and CoreWeave—have pledged a further £31 billion to strengthen the UK’s AI infrastructure, from data centres to advanced computing chips.
Together, these commitments build on the £44 billion already invested in the UK’s AI and technology sector, reinforcing Wales’ role in the global technology landscape and helping secure thousands of high-skilled jobs.
Wider investment
In total, more than £150 billion in UK-US investment was announced during the visit—the largest figure ever tied to a State Visit. The commitments span clean energy, advanced manufacturing, life sciences and digital technology, all key areas within the UK’s Modern Industrial Strategy.
Business and Trade Secretary Peter Kyle said: “These commitments send a clear signal that Wales is at the forefront of innovation in digital infrastructure. Working closely with the US boosts growth and delivers jobs across the country. It’s clear our Plan for Change is working—and that Wales remains a prime destination for global investment.”
Secretary of State for Wales Jo Stevens added: “The UK Government has made economic growth our key mission and this huge US investment in Wales delivers fantastic benefits for working people across the country. Wales is open for business, and this vote of confidence from firms in sectors like clean energy, advanced manufacturing and defence will boost jobs and growth in our industries of the future.”
The visit brought together senior government figures, business leaders and investors from both nations to deepen ties and open new opportunities for collaboration. Officials said the deals announced will not only create jobs but also boost productivity, drive regional development, and help equip people with the skills needed for the industries of tomorrow.
Business
Jewellery roadshow in Lamphey today with cash offers for valuables
A TRAVELLING jewellery and antiques roadshow is in Pembrokeshire today (Tuesday, Mar 17), offering free valuations and on-the-spot cash offers for a wide range of items.
The event is being held at the Best Western Lamphey Court Hotel & Spa and is open until 6:00pm this evening.
Organisers say they are looking to buy “all items of interest”, including gold, silver, rings, watches, coins, military memorabilia and diamond jewellery. Broken jewellery is also accepted, along with items in any condition.
The promotional material states there are no fees, no commissions and no obligation to sell, with free appraisals available to anyone who brings items along.
They are also advertising interest in vintage items such as old watches, scientific instruments, medal groups and even classic cars and motorbikes.
A follow-up event will take place tomorrow (Wednesday, Mar 18) at Hotel Mariners in Haverfordwest, running from 10:00am until 9:00pm, with late appointments available.
A third and final stop is scheduled for Thursday (Mar 19) at Wolfscastle Country Hotel, open from 10:00am until 6:00pm.
Organisers can be contacted on 07544 074 549, and also invite people to send photos via WhatsApp for a preliminary valuation.

Top prices paid: The jewellery and antiques roadshow is in Lamphey today before moving on to Haverfordwest and Wolfscastle (Pic: supplied).
Business
Haverfordwest Halifax bank nail bar scheme refused
A CALL to convert a Pembrokeshire town centre former bank to a nail bar has been refused by county planners.
Huw Tuyen Nguyen, through agent Hayston Developments & Planning Ltd, sought permission for a change of use of the former Halifax bank at Grade-II-listed 10 Victoria Place, in Haverfordwest’s conservation area, to a nail bar, along with a related listed building consent.
Halifax closed its Haverfordwest branch back in 2024, leaving it with no more branches in the county.
A supporting statement accompanying the nail bar application at the three-storey building said: “The previous use of the building, a bank operated by the Halifax, ceased a few years ago and remains vacant making no contribution to the vitality or viability of the town centre.
“This application seeks to put the ground floor to an alternative commercial/retail use and which together with some internal and external alterations, also seeks to convert the upper two floors into a single high-quality flat. The upper floors have largely been under-utilised in the past. As such, the proposal would make a positive contribution to the town centre.”
It went on to say of the change of use to a nail bar: “This part of the application would allow the relocation and expansion of a professional service facility to serve Haverfordwest and the surrounding areas. This forms the basis of aspirations to grow the business, both in the immediate short term, and in the future as the business continues to grow.
“The applicant has explained that the current business is a nail salon which has been trading for some 15 years but under a different management. The applicant has had the business since January 2022.
“The business hours would be 9 am to 6 pm Monday to Saturday but closed on Sundays and which would employ 2/3 people.”
The application was refused on the grounds “the proposed external alterations, by virtue of the chosen materials, finish and detailing, represent poor design that fails to respect the historic character of the listed building and the wider terrace”.
The refusal went on to say: “The works do not respond appropriately to the building’s significance and would result in a harmful intervention that undermines its special architectural and historic interest.
“Furthermore, the proposal fails to satisfy the statutory duty to preserve or enhance the character and appearance of the Haverfordwest Conservation Area, and to pay special regard to the desirability of preserving the listed building and its features of architectural and historic interest.”
Business
£1m loan for Haverfordwest Wilko redevelopment backed
A CALL for Pembrokeshire’s council to pursue a £1m loan to help fund the redevelopment of the ‘blight’ derelict former Wilko store in Haverfordwest as part of wider redevelopment of the county town has been backed.
A report for members of the March 16 meeting of Pembrokeshire County Council’s Cabinet, recommended for approval by Leader Cllr Jon Harvey, said: “The proposed project seeks to repurpose and redevelop the former Wilko building located on [2-6] Old Bridge, Haverfordwest, a large and prominently positioned commercial unit.
“The project will enable the revitalisation of one of Haverfordwest’s most strategically positioned commercial units located immediately adjacent to the new Haverfordwest Public Transport Interchange, on the main pedestrian route from the Interchange to the town centre.
“Pembrokeshire County Council, under Cabinet decision November 30, 2020, agreed the acquisition of Riverside Shopping Centre in Haverfordwest which includes the 2–6 Old Bridge and the Perrots Road Car Park.
“At the time of acquisition, the building was leased by Wilko, with this occupation ceasing when Wilko went into administration and the Haverfordwest store closed in September 2023.”
It added: “The building was in poor repair when returned from the outgoing tenant with limited ability to seek dilapidation costs as the tenant had gone into administration. The deteriorating roof and outdated internal configuration render it unsuitable for modern retail, commercial, or community use without significant investment.”
It went on to say: “The building’s current dereliction contributes to a blight at a key town access point. Funding would directly address these structural issues, unlocking the property’s potential and generating broader regeneration benefits for the town. High street anchor tenants attract significant footfall, with evidence showing that the majority of visitors subsequently engage with other shops.
“The preferred strategy is to secure such a tenant, creating a strong draw to the town centre and complementing surrounding uses. Even if a high street anchor is not achievable, there is credible interest in alternative commercial or community uses.”
It said an initial scoping stage “has identified a budget of circa £1.6m to undertake the required redevelopment works,” adding that the empty unit is currently costing the authority £125,000 a year annum in Business Rates, insurance and maintenance, along with a lost rental income of £150,000.
It said the council’s approved capital programme currently has £656,000 for the Riverside Phase 1/Eastern Quayside, and it was proposed that these funds are utilised, alongside an additional £1m funding source for 2-6 Old Bridge.
Cabinet Member for Young Persons, Community, Wellbeing and Future Generations Cllr Marc Tierney said: “The regeneration case on this particular property is really strong; if we don’t do anything the risk is we’re just holding on to another vacant property in Haverfordwest.”
Cabinet Member for Housing Cllr Michelle Bateman said the proposal was part of “a bigger picture” of regeneration in the town, with Cabinet member for finance Cllr Alistair Cameron pointing out the loan, if approved, would be “interest-free” to the council.
Council Leader Cllr Jon Harvey (Image: Pembropkeshire County Council webcast)
Cllr Harvey said: “I think we just have to do this, if we don’t we won’t get a major retailer in; this will really increase the retail offer in Haverfordwest , we’re spending a lot of money in Haverfordwest – grant-aided – and the town centre is in quite a reasonable situation.
“It’s really positive; in two-to-three-to-five years Haverfordwest will be a more vibrant place than it is today.”
Members backed a recommendation to submit a call for £1m from Town Centre Loan funding for the works, adding that to the current capital programme allocation, totalling £1.656m.
If the funding call is not successful, a future Cabinet meeting will hear alternative recommendations.
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