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Young Tenby-based currency trader making £8k a day

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BBC ONE Wales show ‘Young, Welsh and Pretty Minted’ will feature Pembrokeshire-based currency trader Ashley Richards this week.

The successful young entrepreneur, who lives in Tenby, fuels a life of fast cars and expensive watches by making thousands of pounds per-day with just a few simple phone calls.

Ashley, 20, has been trading online for 4 years and discovered that he’d failed his GCSE exams on the same day that he also made £470 trading currency online.

“That’s the day I first found out that I could make money without any GCSEs or qualifications,” says Ashley confidently.

“I’ve always thought that I would want to do business at university and I was thinking to myself, ‘What’s the point of learning how to do business when you can do it and learn on the job?'”

From there, Ashley launched into a risky career that has given him an incredible £200,000 a year since.

Ashley spends his money on cars, he currently owns 4 including a BMW i8 that cost a staggering £115,000, but never forgets the Pembrokeshire council estate he grew up on, returning to visit regularly so he never forgets his roots.

A spokesperson for the show told The Herald “Ashley is living the fantasy life from his seaside home in Tenby.

Armed with only his laptop and a mobile, he has been known to bring home £8,000 in one day by trading currency online. He supports his appetite for fast cars and designer watches working just two hours a day, but with his mates all working full time, it can be a lonely place to be.”

A high risk career like currency trading can involve losing money, something Ashley is more than aware of: “You’ve got to have it in the back of your mind that you can possibly lose money. I’ve lost money before, but how I look at it is that I’ve just profited less than I would’ve.”

Ashley also uses his new found wealth to help his mother out “It’s every son’s or daughter’s dream to be able to really treat their parents. It is really nice.

“My mum has definitely done her bit so it’s only fair that I reward her. That’s one of the main reasons why I work so hard because I just want to make sure my family has an easier life.”

Ashley’s amazing story is on ‘Young, Welsh and Pretty Minted’ which will air on BBC One Wales tonight (Feb 24) at 10:35pm

Business

Saundersfoot 72-home development work set to begin

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PLANS by one of the UK’s largest housebuilders to build 72 homes, 25 of them affordable, on the outskirts of a Pembrokeshire seaside village have been given the final sign-off, with works due to start in the spring.

Back in 2022, Persimmon Homes applied to Pembrokeshire Coast National Park for the scheme on a 2.26 hectare area of land adjoining the northernmost houses of a long-established Sandyhill Park residential estate, Saundersfoot.

The application, including 47 open market dwellings, proposed a variety of detached, semi-detached, terraced and apartment properties to create an “attractive and integrated extension to Saundersfoot”.

The application was given delegated approval when it came before the national park’s July development management committee, with conditions including the completion of a Section 106 legal agreement relating to the affordable housing.

The affordable housing units will be split into four low-cost ownership units and 21 socially rented units, the report for national park planners said; the 35 per cent affordable percentage taking precedent over an affordable housing policy requirement of 50 per cent as it is designated as an allocated site.

As well as the affordable housing element and an open space provision, the scheme included a financial contribution to cover the contribution towards Active Travel Routes within the local area (Saundersfoot Harbour to New Hedges).

After that approval, Persimmon Homes West Wales and Pembrokeshire Coast National Park have now signed the S106 agreement and Persimmon is planning to begin groundworks next Spring, with sales launching soon after ahead of the summer season.

Welcoming the agreement, Persimmon Homes West Wales’ Managing Director, Stuart Phillips, said: “We’re pleased to have finalised the S106 agreement that will allow us to deliver 72 new, high-quality homes for local people in Saundersfoot.

“The development will provide a wide range of zero-carbon ready homes that will be of particular help to young families and first-time buyers, who otherwise might struggle to get onto the housing ladder in Pembrokeshire.

“Throughout the planning process, we have worked closely with officers and stakeholders to ensure that our homes are in keeping with – and enhance – the local area, and I’m thankful to officers and the project team for their collaborative efforts throughout.

“The scheme will deliver substantial community benefits, including new facilities, enhanced green spaces, and significant investment in public infrastructure, as well as the transfer of 25 properties to a local housing association.

“Persimmon has a proud record of delivery in Pembrokeshire, and we are excited about this latest development as we continue to build the best-value homes in sustainable and inclusive communities for local people.”

Local community council Saundersfoot had objected to the scheme on a number of grounds, also asking for a caveat that no property is bought for second-home holiday use.

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West Wales man raising funds for craft cider venture

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A PENYBRYN resident is appealing for community support to launch a small-scale craft cider business in West Wales. Olly Craigan, the organiser of the GoFundMe campaign titled “Craigans Cider,” has already raised £545 towards his goal of £12,000. The funds will go towards purchasing essential equipment to establish a permanent apple press and cider workshop.

Since 2014, Craigan has honed his cider-making skills under the mentorship of experienced cider maker John Whitfield. Now living on a community organic farm in Pembrokeshire, Craigan is seeking to create a dedicated space for producing his craft cider.

The funds raised will help purchase an apple press (£4,500), scratter apple mill (£1,500), filtration and pumping systems (£950), stainless steel tanks (£2,500), and bottling equipment (£1,000). Any donations beyond the target will support operational costs and community cider-making workshops.

Craigan plans to thank supporters by inviting them to a grafting day on the farm, where attendees can sample cider and take home an apple tree.

Further information and donations can be made on the GoFundMe page here.

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35 affordable homes plans for Cleddau Bridge Hotel site submitted

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A FORMAL application on plans to build 35 affordable homes on the fire-ravaged site of the former Cleddau Bridge Hotel, Pembroke Dock has been submitted to Pembrokeshire County Council.

A pre-application consultation on the plans was held in September and October ahead of the formal submission.

In a prime location at one of the entrances to Pembroke Dock the former Cleddau Bridge Hotel has been derelict since a fire in March 2019, which brought emergency services from as far afield as Ammanford, Aberystwyth and Swansea.

A previous planning application for the demolition of the hotel and siting of a residential care home and linked bungalows was submitted in October 2022 and which was subsequently granted permission in February 2023.

This permission, whilst in outline, is still live and allows for the loss of the hotel use of the site and its alternative redevelopment as a residential care home.

The site has now been purchased by Castell Group Property Specialists who specialise in delivering affordable housing in South Wales and have undertaken a joint development deal with Pembrokeshire County Council (PCC) and that deal was agreed back in April 2024.

Castell Group Property Specialists, through agent Hayston Developments & Planning Ltd, now wants to demolish what is left of the hotel, with a development of affordable housing units, with landscaping and ecological enhancements, the housing being 100 per cent affordable, a mix of social rent and affordable housing.

Initial discussions with the council were for 38 affordable units, which has been lowered to 35 in a mix of 16 one-bed units, 11 two-bed units, six three-bed units and two four- bed units.

The applicants say: “The application offers an opportunity to find a solution to the redevelopment of the site, which has now been vacant and derelict now for some five years, and to make a significant contribution towards meeting the affordable housing needs of the area. The proposal is unique in that the scheme would be in the form of 100 per cent affordable housing.”

The application will be considered by county planners at a later date.

Mid and West Wales Fire and Rescue Service has previously said the 2019 fire was started by a deliberate act.

Following a fire investigation, Dyfed-Powys Police said they found there to be insufficient evidence to identify a suspect.

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