Connect with us
Advertisement
Advertisement

Business

Wales to benefit from US investment spotlighted during presidential visit

Published

on

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

Kurtz’s best local pub competition nears 1,000 nominations

Published

on

Community-backed contest highlights vital role of Pembrokeshire pubs

THE BEST Local Pub Competition is closing in on a major milestone, with nearly 1,000 nominations submitted by residents across Pembrokeshire celebrating their favourite local venues.

The competition, launched last year by Member of the Senedd Samuel Kurtz, aims to recognise the importance of local pubs and support them during the quieter winter months.

Now in its second year, the initiative continues to shine a spotlight on the vital role pubs play in bringing communities together.

The competition is sponsored by Templeton Beer, Wine & Spirit Co., a well-known local supplier supporting hospitality businesses across the region.

Last year, The Ivybush in Narberth was crowned the inaugural winner after receiving strong backing from the local community. The award recognised the pub’s welcoming atmosphere and its role as a hub for both residents and visitors.

Samuel Kurtz MS said: “Local pubs are at the heart of our communities, providing places for people to meet, celebrate and support one another. I launched this competition to give something back to these fantastic businesses, particularly during the quieter months when trade can be more challenging.

“Changes to Business Rates have had a real impact on the sector, alongside rising costs such as staffing and electricity, which are threatening the survival of many pubs. That is why this competition is such an important reminder of how much we value them.

“It’s brilliant to see nearly 1,000 nominations, with a few days still to go before the competition closes on Friday (Mar 20).”

Residents are invited to nominate pubs that stand out for their community spirit, service, and contribution to local life. The winning venue will receive a free barrel of standard beer and be crowned Best Local Pub 2026.

Samuel added: “If you haven’t nominated your local yet, there is still time.”

To take part, visit www.samuelkurtz.wales and search ‘campaigns’ to nominate your Best Local Pub.

 

Continue Reading

Business

Jewellery roadshow in Lamphey today with cash offers for valuables

Published

on

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).

 

Continue Reading

Business

Welsh businesses secure £436m in export sales with government support

Published

on

WELSH businesses have secured £436 million in new export sales over the past five years with support from the Welsh Government, the Cabinet Secretary for Economy Rebecca Evans said at the Explore Export Wales conference in Llandudno on Tuesday (Mar 18).

Exports account for more than a third of Wales’ GDP and remain central to the Welsh Government’s ambition to grow the economy and create new jobs.

Since the launch of the Export Action Plan in 2020, nearly 1,500 Welsh businesses have been supported to export for the first time or expand into new international markets. During that time the Welsh Government has organised 89 trade missions, taking 844 business representatives to markets around the world.

International Trade Advisors have also held around 6,000 face-to-face meetings with businesses and delivered more than 430 export market research projects. Over 600 overseas business development visits have been supported, including trips to Kenya, Vietnam, Argentina and South Korea.

The Export Cluster programme now provides peer-to-peer support across six priority sectors and has attracted more than 350 members. Meanwhile the New Exporter Programme has supported 68 businesses taking their first steps into international markets, with a sixth intake now open.

One company benefiting from the programme is Reacta Healthcare, a life sciences business based in north Wales. The firm develops specialist allergy diagnostic products used in clinical trials around the world.

Exports now account for 100 per cent of Reacta’s business. Over the past year the company has expanded its workforce from fifty to eighty employees and secured new clients in Europe and the United States.

The business is now preparing to supply these contracts over the next three years, representing significant growth in both volume and revenue. Reacta is also expanding its Deeside site by 50 per cent with a new facility next to its existing premises.

Belinda Mortell, Head of Commercial at Reacta, said the company’s expansion reflected growing global demand.

She said: “We have recently secured our largest customer contract to date, marking a significant milestone for the business. The growth we’ve seen over the past year, from expanding our team to opening a new facility, is a direct result of increasing international demand.

“The support we’ve received from the Welsh Government has been invaluable and has helped us enter new markets with confidence as we strengthen our international presence.”

Last week the Welsh Government also launched its trade missions programme for 2026-27, aimed at helping businesses showcase their products and services overseas.

The programme will focus on sectors including clean energy, advanced manufacturing, life sciences, creative industries and technology. Trade missions are planned across Europe, North America, Asia and the Middle East as Wales seeks to boost exports, investment and economic growth.

Rebecca Evans said: “Exporting makes a real difference to businesses across Wales, driving economic growth and creating jobs.

“That is why we are investing £3.5 million each year to support Welsh businesses on their export journeys.”

 

Continue Reading

Crime11 hours ago

Rapist jailed after ‘abhorrent’ attacks on woman and children

Haverfordwest man told police “women won’t have sex without force” A HAVERFORDWEST man who raped a woman and a young...

News13 hours ago

Reform secures first Pembrokeshire councillor in Hakin by-election win

Late Reform candidate takes seat as independent surge and Labour withdrawal shape contest REFORM UK candidate Scott Thorley has won...

News1 day ago

Scott Thorley elected as Pembrokeshire’s first Reform councillor

REFORM UK candidate Scott Thorley has won the Hakin by-election after securing 179 votes. The full result is as follows:...

News1 day ago

Police confirm man has died after being recovered from River Cleddau

Major emergency response in town centre after concerns raised for man in water A MAN has died after being recovered...

Community1 day ago

Davies and Kurtz urge groups to seek employability funding

Community organisations in Pembrokeshire encouraged to apply for new grants supporting skills and job access LOCAL Senedd Members Samuel Kurtz...

News1 day ago

Emergency services flood Haverfordwest after reports of person in river

Town centre sealed off as multi-agency response continues A MAJOR emergency response is underway in the centre of Haverfordwest after...

News1 day ago

Detectives receive surge of new information in bid to identify man found at Powys reservoir

Public response follows release of facial image as officers pursue fresh lines of enquiry DETECTIVES investigating the identity of a...

News2 days ago

Senedd committee urges next Welsh Government to prioritise Wales–Ireland links

A SENEDD committee has called on the next Welsh Government to continue prioritising Wales’s relationship with Ireland, describing it as...

Education2 days ago

New facilities open at Portfield School as redevelopment reaches key milestone

THE FIRST phase of a major redevelopment programme at Portfield School in Haverfordwest has been completed, marking a significant step...

News3 days ago

£377m spent saving blast furnaces months after Port Talbot closure

Government intervention keeps UK’s last primary steelmaking furnaces running THE UK GOVERNMENT spent £377 million to prevent the closure of...

Popular This Week