Business
Welsh small businesses exposed to unqualified ‘accountant’ risk

WELSH small businesses could be inadvertently damaging their growth prospects by paying accountants who aren’t even qualified, warns ACCA (the Association of Chartered Certified Accountants).
The warning comes after research from cloud accounting software provider ClearBooksPro showed just 8 per cent of small businesses considered an accountant’s qualifications when choosing one. ACCA points out that there is no law preventing anyone from calling themselves an accountant, and that as a result small businesses could be unknowingly paying someone without the necessary skills to handle their finances and help their business grow, who isn’t regulated or insured against risk. There are estimated to be 192,632 SMEs (businesses with up to 249 employees) in Wales, with a total annual turnover of £43.4bn, many of whom could have hired an unqualified accountant. Ben Cottam, head of ACCA Cymru/ Wales said: “Unlike solicitors and some other professional roles, the term accountant is not protected by law, so absolutely anyone can call themselves one, even without any training. Even those with minimal training in book-keeping or just one aspect of accountancy, will not always have the same rigorous qualifications and insurance as a chartered certified accountant. They will also be limited in helping the business grow. “The ClearBooksPro survey showed that 32 per cent of small businesses, when asked what they wanted help with from their accountant, identified business strategy – the largest response to that question. A successful small business accountant (whether it’s an external practitioner or an in-house person) has to perform multiple roles and be able to provide strategic and operational input – it is impossible to get this from an unqualified person who has trained for book-keeping or tax only, because their skill-set is too narrow. “Equally, any business with serious growth potential needs a person who can adapt quickly to their changing management accounting needs, and ideally be able to build and manage a professional finance function. Business growth is never even and rarely goes according to plan, so it’s vital to have the right skills in place early.” ACCA says businesses should check an accountants qualifications before using their services. Ben Cottam said: “If you were employing someone for a job, you would check their qualifications. You should be even more thorough when you are hiring the services of someone who will be at the helm of your business strategy. To be sure you have the right kind of finance professional for your small business who has a wide skill-set the enterprise needs to grow, check they are ACCA qualified.”
Business
Mayor opens new Sapphire showroom in Milford Haven
New Charles Street base brings windows and doors firm closer to Pembrokeshire customers
THE MAYOR OF MILFORD HAVEN has officially opened a new showroom for Sapphire Windows & Doors in the town centre.

The company welcomed visitors to its new base at 61 Charles Street on Monday (May 18), with Mayor Mark Woodward attending the opening.
Sapphire Windows & Doors, established in 1989, supplies and installs windows, doors and glazing products across South and West Wales.
The new Milford Haven showroom has been opened following growing demand from customers in Pembrokeshire, many of whom had previously travelled to the company’s Ammanford showroom.
The Charles Street premises will allow customers to view products in person, compare colours and finishes, try different styles, and speak directly with the Sapphire team.
Products on display include uPVC windows, composite and aluminium entrance doors, aluminium sliding and bifold systems, and internal and external Crittall-style aluminium and steel doors.
Shaun Matthews, Director of Sapphire Windows & Doors said: “We are incredibly excited to open our new Milford Haven showroom and welcome both returning and new customers through the doors.
“We have already received such a lovely welcome on Charles Street, and we are looking forward to becoming part of the local community.

“When people are investing in new windows and doors, it is important they feel confident in what they are choosing. The showroom gives customers the opportunity to properly see the products, explore the options available, try them for themselves and receive clear, honest advice from our team.”
The company manufactures its own uPVC products in-house at its factory in Ammanford, while installations are carried out by directly employed fitting teams.
Sapphire says it offers free, no-obligation quotes and takes a no-pressure approach to sales.
Every installation is backed by a ten-year guarantee and a FENSA insurance-backed warranty.
The new showroom is now open at 61 Charles Street, Milford Haven, SA73 1SA.
For more information visit sapphirewindows.info.
Business
Halifax could disappear from high streets after 173 years
Only two Halifax branches remain in west Wales as banking giant considers major brand shake-up
HALIFAX could disappear from UK high streets after more than 170 years under plans being considered by Lloyds Banking Group.
The banking giant is understood to be looking at phasing out the Halifax name as part of a wider review of its brands, with Lloyds expected to become the main retail banking name in England and Wales.
If the plans go ahead, the move would mark the end of one of Britain’s best-known financial brands, which began life in 1852 as the Halifax Permanent Benefit Building Society.
No final decision has yet been announced, but reports suggest new Halifax account openings could be stopped later this year, with existing customers gradually moved across to Lloyds.
The Herald understands that branch banking in west Wales has already been significantly reduced, with only two Halifax-branded branches currently remaining in the region — in Llanelli and Swansea.
Customers in Pembrokeshire no longer have access to a Halifax branch, with banking services instead directed through Lloyds Bank branches, including Haverfordwest. Carmarthenshire customers are similarly directed to Lloyds Bank in Carmarthen.
The possible disappearance of Halifax comes amid continuing pressure on high street banking, with many branches already closing as more customers move to mobile and online banking.
Consumer groups have warned that the steady loss of bank branches risks leaving elderly customers, vulnerable people and small businesses without easy access to face-to-face banking.

For many towns across west Wales, the loss of familiar banking names has become part of a wider decline in high street services, alongside the closure of post offices, shops and public services.
Halifax became one of the country’s biggest mortgage lenders and was for decades associated with savings, home ownership and local branch banking. It later became part of HBOS before Lloyds took over the group during the financial crisis.
A final decision on the future of the Halifax brand is expected as Lloyds sets out its next strategic plans.
Business
Bluestone’s steep ravine enters ‘new chapter’ as reopening date confirmed
BLUESTONE National Park Resort has confirmed that its much-loved Steep Ravine will reopen on Saturday, May 23, marking the return of Camp Smokey and Smokey Joe’s Shindig, alongside new zip line adventures for guests to enjoy this summer.
The award-winning 5* resort in Pembrokeshire was forced to close the Ravine in December 2024 after severe storm damage left the area unsafe. Since then, work has been underway to restore the site and ensure it can be safely enjoyed by guests once again.
When visitors return this summer, they will find a landscape that looks different to how they may remember it – a change Bluestone says reflects both the impact of the storms and a conscious decision to take a long-term, nature-led approach to its recovery.
James McNamara, Director of Product and Programme Development at Bluestone, said the reopening represents “a new chapter” for the Ravine.
“We know how special the Steep Ravine is to so many of our guests and closing it back in 2024 was not a decision we took lightly,” he said.
“The storm damage meant the area was no longer safe, so it was important that we took the time to restore the Ravine carefully and responsibly, working closely with specialists throughout the process.
“Every step has been taken with care for the landscape and its future, while making sure guests can once again enjoy everything that makes this place so special.”
As part of the restoration work, areas of woodland affected by the storms were carefully managed to improve the long-term stability of the site. Bluestone says the landscape will continue to naturally regenerate and evolve over time.
As part of this approach, some fallen timber and natural woodland material has intentionally been left within the Ravine to help support the recovery process. Over time, this will help return nutrients to the soil, encourage new plant growth and create valuable habitats for insects, birds and wildlife as the landscape regenerates naturally.
“Steep Ravine has always been about bringing people together outdoors – whether that’s around the campfire at Camp Smokey or experiencing the adventure of the Ravine itself,” James McNamara added.
“We’re excited to welcome guests back this month and reopen a place that means so much to so many people.”
While the landscape has naturally evolved following the restoration work, Bluestone says the experience guests know and love is very much returning this summer.
Camp Smokey – the rustic outdoor dining spot at the foot of the Ravine – will once again serve lunches, BBQ feasts, drinks, marshmallow toasting around the fire and a brand-new lunch menu.
Evening entertainment also returns with Smokey Joe’s Shindig, featuring high-energy family sing-alongs, dancing and live entertainment at Camp Smokey.
Adventure seekers will also be able to experience two new guided zip line adventures.
The Summit Flight sends guests racing across the Steep Ravine on a high-speed 279m zip line experience, while the Double Glide features shorter zips designed to build confidence and excitement along the way.
“We’ve treated this special place with real care and respect,” James McNamara said. “It means a great deal to our guests and our team, and we’re proud to be reopening it in a way that keeps its spirit alive.”
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