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Row over Mustang debts escalating

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A ROW over debts owed by Mustang Marine, the uncertainty over Murco oil refinery, and an ambitious £70m plan for the redevelopment of Milford Docks were the main topics of Milford Haven Port Authority’s annual meeting on Friday (May 30). 

The chairman of Milford Haven Port Authority, Peter Jones, told a packed conference suite at the Cleddau Bridge hotel, that 2013 had been “a very difficult year” for the organisation, adding: “The £2.7m hole caused by the collapse of Mustang Marine was a matter of deep regret to us.” With a security guard keeping watch over proceedings, he went on to say that 2014 was set to also be a challenging year due to “the certainty over Murco Oil refinery which accounts for 20% of shipping movements on the haven.” Chief Executive of the authority, Alec Don, took to the podium next. He started off his speech by making his position clear over the failed boat building firm. With a handful of creditors sitting in the audience of the Annual Consultative Meeting he said firmly: “The legal position is that we are not liable for Mustang’s debts. Do we have a responsibility? Yes, we feel we have a responsibility, but not a legal liability.” He added: “We put resources in to help turn Mustang around, but it became clear that it wasn’t just a management problem. Once administration had occurred we worked with the administrator to ensure he could sell parts of the firm to people or new managers who could take those business forward. Mr. Don announced that Milford Haven engineering firm BDS was taking over the dry dock for at least the next five years, and a new firm called Haven Marine Services would be taking over some of the boat repair work. Both of these deals, he said, had secured the employment of some of the former Mustang workers. Bruce Evens, of Evens & Co. Accountants – at the meeting representing creditors of Mustang – took the mic and said that he had help found Haven Marine Services as a community interest company (CIC), but with the idea of putting profits back into a pot for creditors. He said that MHPA had agreed to give £10,000 by way of a grant to the CIC, but Mr. Evans said that MHPA should be doing more. He added: “Perhaps MHPA can find a way to help the community further. The problem that Haven Marine Services is new – making a profit will take time. What the creditors need is more help now. We have just seen that MHPA has got £9m sat in the bank right now.” He added: “Most people think that if it swims like a duck, and if it quacks like a duck, then it is a duck. We have to work together as a county. Many of the creditors did business with Mustang on the understanding that it was a subsidiary of MHPA. Alec Don then told the meeting: “We as the port are not seeking to recover our losses from the CIC, so that assists the CIC to help the local community” later adding: We’re not a charity. We have gone way beyond what any other commercial organisation would have done in terms of making sure that there were the resources around management and other issues to see that opportunity emerge.” He added: “What we had in Mustang was a 50% share, if we wanted a 60% or a 70% share then we would have bought a 60% or a 70% share.” But one creditor was not impressed. Mr Jo Polak of JP Junior Scaffolding, who is owed over £40,000 asked Mr Don one question. He said: “Would you please tell me if you think that the small, local businesses [who were working with Mustang] would have let the credit get so high unless they thought that Mustang was being backed by the Port Authority as a 50% shareholder?” Mr Don answered by saying he did not know what those businesses thought. Mr. Don told the meeting that outline planning permission had been submitted to Pembrokeshire County Council for the Milford Docks Master Plan “today.” He said that the plan, which The Herald has covered in detail in previous weeks, would create 600 jobs. To his critics who have said that the plans are too ambitious Mr. Don said: “We’ll its happening, in fact, we have already started with the Milford Dock Lock project, which itself is a £6m investment for us.” We have a separate article in this edition of The Herald about the master plan. The project, he said, would help develop tourism, leisure and fishing in the county. “The are currently 617 people employed at the port not including the oil refineries.” “Our aim is to increase that to 2000 jobs by 2020” he said. Speaking on the telephone on Wednesday, a spokesman for KO Carpets who are owed £4246 by Mustang Marine for fitting floors and carpets for boats told the Herald that they were “disappointed with the whole affair”

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Too many children in Wales living in poverty – Lib Dems want action

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THIS week in the Senedd, the Welsh Liberal Democrats renewed their demands for the implementation of child poverty targets.

According to a report from the Bevan foundation, 29% of children living in Wales are currently experiencing poverty (an estimated 190,000 children).

The same report highlighted that the largest percentage of children living in poverty are from working households or in couple households.

The Welsh Lib Dems are now renewing calls for the Welsh Government to create a set of targets for reducing child poverty, which the party argues will allow for more accountability.

The party has previously called for the implementation of targets, citing recommendations from the Calling Time on Child Poverty Report published in November last year.

Commenting, the Leader of the Welsh Liberal Democrats Jane Dodds MS said: “The latest statistics on childhood poverty in Wales paints a very distressing image of families across the country struggling to make ends meet.

Over the course of the last six years, the proportion of children in poverty has skyrocketed. Fuelled by worsening economic conditions and a complete lack of action from both governments in Westminster and Cardiff Bay.

We cannot act complacent about these figures nor accept the clear lack of progress in fighting child poverty, behind each statistic is a child that the state has failed.

It remains painfully clear that the Welsh Government is failing to make any meaningful progress in this fight, which is why they must follow through with the implementation of clear set targets that will allow for further accountability.

We as a party have continuously called for the creation of these targets and we will not be silenced. For the sake of future generations we urge the Welsh Government to listen.”

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Crime

Welsh constabulary areas record another increase in shoplifting

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RETAIL trade union Usdaw is deeply concerned by today’s police recorded crime statistics showing that in 2023 there were significant increases in shoplifting across all constabulary areas in Wales. In the whole of England and Wales there has been a persistent upward trend since the pandemic, which continued with a 37% increase and has now risen to the highest level in 20 years.

The Office for National Statistics released figures showing a 39% increase in shoplifting incidents across Wales and by constabulary area as follows:

  • Dyfed-Powys +11%
  • Gwent +47%
  • North Wales +23%
  • South Wales +51% 

Usdaw’s 2023 annual survey of over 5,500 shopworkers found that 60% had suffered incidents of violence, threats and abuse that were triggered by shoplifting and armed robbery.

Paddy Lillis, Usdaw General Secretary says: “Shoplifting is not a victimless crime, theft from shops has long been a major flashpoint for violence and abuse against shopworkers. Having to deal with repeated and persistent shoplifters can cause issues beyond the theft itself like anxiety, fear and in some cases physical harm to retail workers. This 39% increase in shoplifting across Wales is further evidence that we are facing an epidemic of retail crime, which is hugely concerning.

“Our members have reported that they are often faced with hardened career criminals in the stores and we know that retail workers are much more likely to be abused by those who are stealing to sell goods on. Our latest survey results show that 7 in 10 retail workers suffered abuse from customers, with far too many experiencing threats and violence. 60% of respondents said theft from shops and armed robbery were triggers for these incidents.

“The scale of assaults, abuse and threats towards shopworkers and extent of the retail crime epidemic has been a disgrace for many years. This has been made worse by police cuts and a failure to legislate to protect retail staff. Usdaw has long called for action that includes a standalone offence for assaulting a shopworker and that has been vehemently opposed by this Government and their Conservative MPs on many occasions.

“Recently the Government performed a long overdue U-turn after many years of sustained campaigning by Usdaw and others. Our members have had to wait too long for their voices to be heard and common sense to prevail. We will have to see the detail of what Ministers are proposing and we are clear that it must be at least what we won in Scotland three years ago. It also cannot fall short of Labour’s commitments to 13,000 more uniformed officers, patrols on high streets, banning repeat offenders and ending the perverse £200 threshold for prosecuting shoplifters.

“The dither and delay by this Government on this issue over many years, has led to thousands of shopworkers needlessly suffering physical and mental injury. Today’s stats should ensure that their promise to legislate is done speedily. We hope that whatever the Government is proposing will be substantial and effective in giving shopworkers, key workers in every community, the respect that they have long deserved and regrettably too often do not receive.”

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Business

Paramount’s key role in transformation of McArthurGlen Designer Outlet

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FAST-growing Welsh company Paramount is relishing the challenge of creating an “irresistible dining destination” after winning the contract to play a key role in the multi-million transformation of the McArthurGlen Designer Outlet Bridgend.

The Cardiff-based design, build, fit-out and refurbishment specialist will spearhead the re-development project of the shopping centre after being handed responsibility for revamping its popular food court over the summer.

In the coming months, the development will see the Food Court transformed into three modern, and bright restaurants, welcoming new food and beverage brands to the centre and creating more than 100 new job opportunities for the local community.

Paramount’s Construction Director, Paul Thomas, said: “The team behind the scenes at McArthurGlen Designer Outlet Bridgend have fantastic plans for the future and we’re delighted to have been entrusted with the mission to help turn their exciting vision into a reality.

“Paramount prides itself on creating places where people want to be, and my team are relishing the opportunity to help create what will be an irresistible dining destination. It’s certain to be a complex project, but we have the expertise and local knowledge to deliver outstanding results in close collaboration with our project partners.”

The owners of the shopping centre, which has been attracting local people and visitors for more than 25 years, have promised a “substantial investment to redevelop the Food Court area and replace it with new and exciting restaurants”. 

Now the Paramount team is ready to lay the groundwork by removing some existing structures around the Food Court and will then introduce a series of new features as part of the overall facelift. These include new glazed entrance doors within glazed curtain walling shopfront, render and a new entrance lobby with new stairs and lifts.

The work to completely develop the Food Court in the shopping centre starts this week, and is expected to be completed in late autumn. As a result, customer favourites including Nando’s, McDonald’s and Chopsticks will be closed while work is under way.

Patrick Finney, Head of European Construction, McArthurGlen Group, said: “After celebrating our 25th anniversary last year, we’re extremely pleased to welcome Paramount on board in this important step of revitalising the Food Court area. 

“These are exciting times for everyone at one of South Wales’ best-loved retail complexes and we know Paramount will work closely with us to create a truly special place for diners and shoppers of all ages.”

Paramount, whose turnover reached £45 million in 2023, employs 60 people who own a majority shareholding of the business – 51 per cent – following completion of an Employee Ownership Trust  (EOT) scheme in 2021, a deal which marked a major milestone for Paramount after a period of sustained growth. 

The company is well known across Wales and England where it has created high-quality inspirational space for a number of leading companies. These include the multi-million-pound redevelopment of Hodge House and Fusion Point One in central Cardiff, and the fit out of Par 59 bars in South Wales and South West. 

Over the next few months, Paramount’s construction team will also be completing on a multi-million-pound social housing development in Porthcawl, Mid-Glamorgan with Valleys to Coast.

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