Business
Serious Fraud Office probe into entrepreneur who bought local hotels
THE SERIOUS FRAUD OFFICE (SFO) has launched an investigation into entrepreneur Gavin Woodhouse, whose business dealings were revealed by an undercover investigation by the Guardian and ITV News.
The controversial ‘entrepreneur’ who took over one of Tenby’s most iconic seafront hotels, only to see the premises go into administration.
The Fishguard Bay Hotel was also another premises, amongst several in Wales, bought by Northern Powerhouse Developments, which was headed by Woodhouse.
Tenby’s Grade II-listed 40-bedroomed seafront Fourcroft Hotel situated along The Croft overlooking the North Beach and Carmarthen Bay, was was one of several properties acquired by Mr. Woodhouse’s Northern Powerhouse Developments company in 2017, after it was purchased from the family that had owned the Georgian-era premises for over 70 years. However, the hotel went into administration back in August 2019
The UK’s anti-corruption agency said it was investigating “suspected fraud and money laundering in relation to … Woodhouse and individuals and companies associated with him”.
It added: “The conduct currently under investigation by the SFO relates to investments offered in care homes and hotels between 2013 and 2019.”
Woodhouse raised more than £80m from amateur investors over several years to build care homes and buy and refurbish hotels, promising generous returns.
The Guardian and ITV News revealed in June 2019 that many of the projects were incomplete, several years after they were due to be operational, while the businessman’s firms had a multimillion-pound black hole.
At the time, several investors, who in some cases had paid hundreds of thousands of pounds into Woodhouse projects, said they had not received the annual dividends they had been promised.
The SFO said it has asked UK-based investors in the suspected fraudulent schemes to complete a questionnaire by 30 September.
It said the information provided “will help us to establish the circumstances of the investments offered, to identify and pursue new information, and to progress the investigation as quickly as possible”.
It is understood that investors living overseas could also be contacted at a later date.
In summer 2019, some of Woodhouse’s creditors took the entrepreneur to court, seeking to place his businesses into interim administration.
The West Yorkshire-based businessman subsequently lost control of several of his companies after a high court judge ruled that his business model appeared to be “thoroughly dishonest” and a “shameful abuse of the privileges of limited liability trading”.
Efforts by the Guardian to contact Woodhouse for comment about the SFO’s announcement were unsuccessful. At the time of the undercover newspaper investigation, he denied any wrongdoing.
The SFO inquiry into the entrepreneur’s business dealings had initially been running covertly, according to a person familiar with the investigation. Covert investigations are often used in cases where there may be a risk of destruction of evidence. The inquiry is now understood to be at a stage where the SFO wants to gain more information from Woodhouse investors, and so the agency can make it public.
The Guardian understands the SFO’s preliminary investigations into Woodhouse began in 2019.
John Mann, who at the time was Labour MP for Bassetlaw and a member of parliament’s influential Treasury select committee, urged the SFO in 2019 to look into the embattled entrepreneur’s business dealings.
It is understood the SFO opens only a couple of suspected investment fraud cases each year.
The agency is asking anyone who believes they have been affected by Woodhouse’s investment schemes to check its website for updates and information on support services.
If an SFO investigation produces enough evidence to support a realistic prospect of conviction, and if a prosecution is considered to be in the public interest, the agency has the power to bring charges, which often result in a court trial.
Business
Wales’ biggest Specsavers store opens in Haverfordwest
SPECSAVERS HAVERFORDWEST has relocated to a larger, state-of-the-art premises in the Riverside Shopping Centre, becoming the largest Specsavers store in Wales following a £1.2 million investment by local partners.
The grand opening of the new landmark store took place on Monday 16 December, with customers and local dignitaries, including several mayors, in attendance.
On arrival, guests were welcomed with performances from the Haverfordwest Male Voice Choir and local musician and dispensing technician, Kyle Kirkhouse, followed by a ribbon cutting by one of the store’s long-standing customers, Madaline Roberts, who runs the Milford Haven branch of the Macular Society.
William McNamara, owner of Bluestone National Park Resort and patient of Specsavers Haverfordwest was also in attendance.
To encourage guests to explore the new store and learn fun facts about optometry and audiology, staff organised an interactive treasure hunt.
‘After years of planning and preparation, we are delighted to officially open our brand-new store,’ says Wayne Jones, retail director. ‘We are confident that this investment will bring lasting benefits to the local community for years to come.’
He adds, ‘A heartfelt thank you to everyone who supported our relaunch event. It was incredible to see so many customers, both familiar faces and new ones, celebrating with us. I also want to extend my deepest gratitude to our incredible team, whose hard work and dedication made this all possible. Without their commitment, none of this would have materialised.’
The new premises at 21 Riverside Quay offers cutting-edge facilities and enhanced services to meet growing community needs with 14 test rooms, including two dedicated audiology suites.
As the largest Specsavers practice in Wales and one of the largest in the UK, the store is equipped with advanced diagnostic technology to deliver exceptional care. These services will also help alleviate pressure on local NHS resources, providing convenience and vital support to residents who previously had to travel significant distances for specialised treatment.
Narbeth local, Sandra Tarrant, previously needed private consultations in Swansea, but she was referred to ophthalmic director, Andy Britton by her consultant earlier this year, who recognised his expertise and the store’s advanced diagnostic equipment.
Mrs Tarrant explains: ‘The staff at Specsavers Haverfordwest are highly trained and genuinely care about your eye health. I no longer face long journeys for tests, and the team’s professionalism gives me complete confidence in their care. You feel like you’re in good hands, with staff who take you seriously and don’t pass you around.’
Partners Andy Britton and Wayne Jones are also passionate about shaping the future of optometry. The new store will provide hands-on training opportunities for optometrists pursuing advanced qualifications such as Glaucoma and Independent Prescribing certificates, ensuring they gain essential clinical experience in a world-class facility.
The new Specsavers Haverfordwest store will be open seven days a week, offering flexible appointment times to cater to the community’s needs. To book an appointment or learn more about the services available, visit www.specsavers.co.uk/stores/haverfordwest.
Business
Ferry traffic surges at Pembroke Dock due to Holyhead closure
FERRY traffic at Pembroke Dock Ferry Terminal has surged following the temporary closure of Holyhead Port due to severe damage caused by Storm Darragh. The Port of Milford Haven, which owns and operates the terminal, has implemented measures to manage the increased volume of vehicles and minimise disruption in the area.
Holyhead Port, a key hub for ferry services between Wales and Ireland, has been closed since December 7. Repairs to storm-damaged infrastructure are ongoing, with reopening not expected until at least Thursday, December 19. The closure means more lorries in Pembroke Dock.
Irish Ferries has temporarily replaced the Isle of Innisfree ferry with the larger James Joyce on its Rosslare route..
Traffic management plans in place
Tom Sawyer, Chief Executive at the Port of Milford Haven, said: “We are expecting to see ongoing increased traffic to Pembroke Dock Ferry Terminal. To manage traffic in the area, we have opened up different areas of the Port to reduce the number of vehicles queueing at the Port entrance. We have also been liaising with Pembrokeshire County Council’s Emergency Planning team to identify other areas for longer-term parking, if needed, so that traffic around Pembroke Dock is managed as effectively as possible.”
Sawyer acknowledged the inconvenience to local residents and businesses and expressed gratitude for their understanding: “Our priority is to ensure the safe and effective operation of all traffic on the Milford Haven Waterway. We’d like to thank everyone, particularly those living in and around the Pembroke Dock area, for their understanding and support. We will endeavour to take all actions possible to keep the area as uncongested as possible.”
Concerns over Christmas delays
The closure of Holyhead Port has raised concerns about delayed Christmas deliveries, as the route is a critical link for goods between Ireland and the UK. An Post, the Irish postal service, has reassured customers that alternative routes are being utilised, and the backlog of parcel trucks at Holyhead is decreasing.
A spokesperson for Holyhead Port stated: “Safety is of paramount importance to Holyhead Port, and a thorough investigation into the extent of the damage and repairs required is ongoing. At this point, it is estimated that the berths will reopen for ferry traffic on Thursday, December 19, at the earliest.”
Local impact and advice
Residents near Pembroke Dock have reported increased congestion due to the diversion of ferry traffic. The Port of Milford Haven continues to monitor the situation closely, working with local authorities to alleviate the impact on the community.
Photo Caption: Increased ferry traffic at Pembroke Dock Ferry Terminal due to Holyhead Port closure (Pic: Martin Cavaney/Herald).
Business
Global green hydrogen pioneers choose Milford Haven as new HQ
HAUSH LTD, a leading green energy and technology company specialising in green hydrogen, has announced Milford Haven as the location for its new UK headquarters. The move marks a significant step toward making the area a global powerhouse for green hydrogen production and innovation.
Pioneering green hydrogen solutions
Haush Ltd aims to be the first company of its kind to provide green hydrogen solutions for decarbonising land, sea, and air transportation, as well as exporting fuel to Europe. The company’s new headquarters will be established at Fleet Surgeons House, where work is set to begin immediately. The project will create local jobs and includes plans for an education centre to promote skills development in the community.
The Welsh Government is backing Haush through the HYBRID SBRI Hydrogen Port Re-Fuelling Project (HyPR). This initiative focuses on fast-tracking hydrogen production and refuelling services for onshore and offshore fleets, including the design of a permanent hydrogen refuelling solution for the Port of Milford Haven.
High-profile visit to Milford Haven
Economy, Energy, and Planning Cabinet Secretary Rebecca Evans toured the new site on Thursday (Dec 12). She was accompanied by Haush CEO Richard Winterbourne, Chief Technology Officer Joanna Oliver, Chief Operating Officer Adam Hill, and Chief Financial Officer Peter Kristensen.
Rebecca Evans said: “Jobs and green growth are a priority for this Welsh Government, so I am delighted Haush has chosen Milford Haven as the base for its new UK head office.
“The company’s ambitious growth plans align with our aspirations to see Wales become a global leader in renewable energy. This investment will benefit both our climate and economy, generating quality, skilled jobs.
“Haush has committed to training local residents to the highest standards and expanding their educational initiatives to benefit the wider community.”
Driving green innovation
Haush CEO Richard Winterbourne expressed excitement about the project:
“Haush is delighted to make this announcement and move forward with this groundbreaking green hydrogen production project. We look forward to working closely with the Welsh Government to maximise training and educational opportunities for the local community, equipping a future workforce with valuable, transferable skills.”
Chief Technology Officer Joanna Oliver emphasi sed the company’s innovative approach:
“Haush is operating at the forefront of green hydrogen technology and aims to play a significant role in advancing the local green energy transition.”
A brighter, greener future
Haush’s decision to base its UK headquarters in Milford Haven underscores the town’s growing importance as a hub for renewable energy innovation. With strong support from the Welsh Government and a focus on local job creation, the project promises to boost the regional economy and contribute to global efforts to combat climate change.
(Photos by Martin Cavaney/Herald)
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