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Mustang creditors furious

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creditors furiousANGER is growing amongst creditors of insolvent Pembroke Dock company Mustang Marine.

Local companies that have extended credit to the boat building firm have been left vulnerable, and in financial difficulty.

The Herald understands that other Pembrokeshire businesses are owed £330,000, with one firm claiming that they are owed nearly £70,000.

Speaking on the grounds of anonymity, the director of one local firm said: “We felt safe doing business with Mustang because it was listed as a subsidiary company of Milford Haven Port Authority.”

He added: “The Port Authority is sitting on a bank balance of millions of pounds, there is a moral responsibility to sort this mess out. That would provide economic and social benefits as it will prevent companies such as mine from laying off staff.”

The Milford Haven Port Authority Act 2002 says that the Port Authority’s right to invest in local firms ‘may be exercised if, and only if, in the opinion of the Authority the exercise of the powers is likely to provide economic, social, cultural or environmental benefits to all or some of the population of Pembrokeshire or any part of Pembrokeshire.’

Questions have been raised by the Welsh Government in Cardiff regarding the Port Authority’s responsibilities to local firms, but last week, Alec Don, Chief Executive of the Port Authority said: “The Port of Milford Haven is a 50% shareholder and remains a separate corporate entity to Mustang Marine. The Port is not liable for Mustang’s debts. Any specific questions about that business, including queries about creditors, must be directed to the administrators Grant Thornton.

“As a Trust Port we continually look to invest in growth and economic activity in the Port. On this basis, and in good faith, the Port of Milford Haven invested in Mustang Marine. The company approached us with a firm business plan and orders that required our support and investment to achieve.

“Any investment we make has to be balanced with our central commitment to keep the UK’s largest energy port operating efficiently, and safe for everyone who uses the waterway.

“This is a difficult time for all those involved in Mustang. Our priority now is to get new and sustainable businesses established as quickly as possible, both for employees and for businesses up and down the Haven who rely on this busy working port.”

MP’s questions

Simon Hart MP has written to Port Authority raising questions about the organisation’s responsibilities to local firms who are out of pocket. He spoke exclusively to the Pembrokeshire Herald yesterday about his concerns.

Simon Hart said: “The fact that Pembrokeshire companies are owed hundreds of thousands of pounds seems to have been glossed over. They cannot talk about growth and activity on the one hand and then refuse to even consider the plight of local people left out of pocket on the other. These people undertook work for Mustang as they felt comfortable that the company was part of a larger trading operation of which the Port was a central part.”

He added: “As far as the port accounts are concerned, Mustang was listed as a trading subsidiary. The Authority’s responsibilities are a legal question that I have put to chief executive, Alec Don. If you have a trading subsidiary then this is a different position, in my view, than if you are a minor shareholder. The Port Authority has always referred to Mustang as a subsidiary company. Every conversation that I have had about Mustang has been with Alec Don. He was very much sewn in the structure at Mustang. At the very least, the Port Authority should explain why it thinks it has no obligation at all to the many local creditors.

“I know that local companies did business with Mustang because they felt comfortable that it was part of a bigger organisation. Nothing was ever done to suggest that MHPA had no responsibilities. Rather than just say it’s not our problem, Alec Don should explain what the true legal position is.”

“The Port Authority’s employees have been embedded in the company. Frankly, I can understand why creditors may want to challenge the assertions of the Port Authority.”

Simon Hart concluded: “A question that I would like to ask is – Who in the Port Authority did the due diligence over the purchase of 50% shares in Mustang? Alec Don should explain very clearly, after the Port Authority has had such an intimate relationship with the company, why is it that now they are distancing themselves.”

Help for workers

Rebecca Evans, AM for Mid and West Wales, has welcomed an update from the Minister for Business, Enterprise, Technology and Science on the situation facing Mustang Marine and its workforce. In a letter to Assembly members, the Minister said: “The administrator is currently exploring all options for securing the future of operations at the site within the Enterprise Zone. My officials are working with the administrator and a number of potential third party investors to seek to secure the long term viability of the company. Those discussions are on-going and I will update members of the outcome of those commercial discussions as soon as I am able.

“As a government, we are determined to do all that we can to support the employer and its workforce at this difficult time and are working with the administrator to provide support and advice to any of the workforce in Wales facing redundancy through our ReAct scheme.”

Mrs Evans continued: “The news that Mustang Marine in Pembroke Dock had gone into administration with the loss of 66 jobs was a bitter blow for the area.

“I am glad that the Welsh Government is working closely with the administrator to try and find a secure way forward for Mustang Marine, and to ultimately save the remaining jobs. I sincerely hope that the Welsh Government’s work with the administrator leads to a positive outcome.

“I recently asked the First Minister what support and assistance will the Welsh Government offer to those 66 workers facing redundancy, and he told me that ‘those threatened with redundancy will be offered ReAct support and advice.’ I am glad that this is in place.

“I look forward the next update from the Minister, and hope for good news.”

ReAct is the Welsh Government’s Redundancy Action Scheme which has been put in place to help people affected by redundancy gain new skills and encourage recruiting employers to employ a worker who has been made redundant.

 

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Lib Dems criticise Reform over coal and fracking comments

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THE WELSH LIBERAL DEMOCRATS have criticised comments by Reform UK figures suggesting coal mining could be revived in Wales, describing the idea as unrealistic and warning it could damage both the environment and future investment.

The row follows comments by Reform candidate Ben Hodge-McKenna, who said reopening coal extraction using newer and “safer” technology could help meet Wales’ future energy needs. Reform leader Nigel Farage has also previously faced criticism over remarks about sending young Welsh people back down the mines.

Responding to the comments, the Welsh Liberal Democrats said Wales should focus instead on developing newer industries, including floating offshore wind in the Celtic Sea, tidal energy and green manufacturing.

The party also linked the issue to Reform’s previous support for fracking, arguing that both positions point to what it sees as an over-reliance on older fossil fuel industries rather than long-term economic planning.

Welsh Liberal Democrat leader Jane Dodds said: “Reform’s plan to reopen coal mines is pure fantasy politics. It won’t cut bills, it won’t deliver lasting jobs, and it won’t stand up to even the most basic economic scrutiny.

“The fact they also want to open Wales up to fracking tells you everything you need to know. Fracking would destroy our countryside, can cause earthquakes and risks contaminating local water supplies, yet Reform seems willing to ignore those dangers.

“This is a party doubling down on the failed energy policies of the past, with no serious plan for the future.

“Wales cannot build its future by trying to relive its past. Communities that once powered the industrial revolution deserve better than being sold false promises about industries in irreversible decline.

“Instead of chasing yesterday’s solutions, we should be investing in the industries of the future and giving Welsh workers the secure, well-paid jobs they deserve.”

The Welsh Lib Dems said former coalfield communities deserve serious economic plans for regeneration rather than what they described as headline-grabbing promises.

Reform has argued that Wales should be more willing to use domestic energy resources, including fossil fuels, as part of a wider push for energy security and lower costs.

I’d add a line at the end saying Reform was approached for comment, if you have asked them.

 

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Local Conservatives launch campaign with pledge to protect local health services

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THE WELSH CONSERVATIVE team has officially launched its campaign for the new Ceredigion Penfro constituency, pledging to protect vital local health services including Withybush Hospital and Bronglais Hospital.

Leading the campaign are current Senedd Members Paul Davies and Samuel Kurtz, who were joined by members of the Welsh Conservative team and fellow Ceredigion Penfro candidates Claire George, Brian Murphy, Jill Evans and Claire Jones.

At the launch, held outside Withybush Hospital, the team set out its vision for improving healthcare provision across west Wales. The campaign will focus on protecting and strengthening services at Withybush Hospital in Haverfordwest and Bronglais Hospital in Aberystwyth, both seen as essential lifelines for rural communities in Pembrokeshire and Ceredigion.

Paul Davies said: “Residents across Pembrokeshire and Ceredigion deserve access to high-quality healthcare close to home. We have consistently stood up for Withybush Hospital and will always fight to defend it. Any attempt to downgrade services is simply unacceptable.”

Samuel Kurtz added: “Labour has overseen the downgrading of local health services, while Plaid has enabled it by propping up Labour budgets in the Senedd. Reform has been silent on cuts to Withybush and Bronglais hospitals. Only Paul, myself and the Welsh Conservatives are standing up for our local health services, from Withybush and Bronglais to GP and dental access.”

The Welsh Conservatives said their campaign would focus on protecting and improving services at both hospitals, cutting waiting times, improving access to GPs and dentists, securing fairer healthcare funding for rural areas, and ensuring local voices are heard in decisions about health provision.

They said rural healthcare needs tailored solutions and long-term investment, rather than further centralisation of services away from local communities.

Paul Davies added: “This campaign is rooted in the priorities of local people who have trusted us to deliver. We have a strong track record of action, and we will continue to stand up for our hospitals, support local businesses and farmers, and fight for a healthcare system that works for everyone, no matter where they live.

“This election is about making sure west Wales has a strong, experienced voice focused on what really matters – our NHS, our economy and our future.

“After more than two decades of Labour running Wales, too many public services are still falling short, especially in rural areas like ours.”

Mr Kurtz said: “Paul and I have experience, and we have put that experience into practice by working hard for our communities. That experience will matter in a larger Senedd. We are ready to hit the ground running and fight for west Wales, no matter who ends up running the Government.”

The campaign will now continue across the constituency, with candidates meeting residents and listening to their priorities.

Aled Thomas, Chair of the Pembrokeshire and Ceredigion Conservative Federation, said: “With six Senedd Members representing the new constituency under the new voting system, every vote matters, and every vote for the Welsh Conservatives can help return Paul and Sam.

“Both Paul and Sam are well known locally, with years of experience standing up for west Wales. They understand the issues that matter, they are proud to serve, and they have consistently worked hard to get results.”

Photo caption: Welsh Conservative candidates Paul Davies, Samuel Kurtz, Claire George, Brian Murphy, Jill Evans and Claire Jones launched their Ceredigion Penfro Senedd campaign on Wednesday (Apr 2) with a pledge to protect local health services.

 

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Police search for distressed man in Pennar ends safely

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Concerns for welfare raised in early-hours incident near Bentlass Terrace

POLICE were called to Pennar in the early hours of Sunday (Mar 29) after concerns were raised for the welfare of a man near Bentlass Terrace.

Dyfed-Powys Police said officers received a call at around 2:45am reporting concerns for the individual’s safety.

A search was carried out in the area and the man was later located before being taken to hospital.

The incident is understood to have happened near the garages at Bentlass Terrace, with witnesses reporting a police presence in the area between around 3:00am and 5:00am.

The force has not released further details about the circumstances, but confirmed the matter was treated as a welfare concern rather than a criminal incident.

A spokesperson for Dyfed-Powys Police told The Herald: “Dyfed-Powys Police received a call reporting concerns for the welfare of an individual at around 2.45am on Sunday, March 29.

“A search was conducted for the man, who was located and taken to hospital.”

The Herald understands officers acted quickly after the report was made, and the man was found alive and given medical assistance.

 

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