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Wales retains fairer student loan repayment system

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THE MINISTER for Education and Welsh Language has announced Wales will retain our current fairer and progressive student finance repayment system, despite changes made in England.

Wales’s student support repayment system has historically been aligned to England’s, but adopting the new English system would mean Welsh students would repay loans over a longer period of time, with higher earners paying less and middle- and lower-income earners paying back more than at present.

Last year the Welsh Government had originally decided to temporarily retain the current student loans system for the academic year to assess the changes being made in England.

Jeremy Miles has now decided to retain the current, fairer and more progressive system for future years, subject to annual review to ensure it remains sustainable.

The current progressive system of student finance means that Welsh undergraduate students have less to repay on average than their English peers as we continue to provide non-repayable grants and they receive a guaranteed level of maintenance support irrespective of their household income.

The Minister for Education and Welsh Language said: “The UK Government’s regressive reforms benefit the highest earners and worsen the position of middle and lower earning graduates.

“Though Wales’ repayment system has historically been aligned to England’s, my view is that the new system in England is not a good deal.

“The reforms benefit the highest earners and worsen the position for middle and lower earning graduates. Women are also disproportionately affected.

“We certainly shouldn’t be asking teachers, nurses and social workers to pay more, while the highest earners pay less.

“I can therefore announce today that we will not move to the system adopted in England but will retain the current system. This means Welsh graduates will continue to repay loans for a 30-year repayment period rather than 40-years as will be the case in England.”

Business

Deposit Return Scheme diversion ‘illogical’ says Pembrokeshire brewery 

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TENBY HARBOUR BREWERY and local Senedd Member Samuel Kurtz have urged the Welsh Government to reconsider its decision to withdraw from a UK-wide Deposit Return Scheme (DRS) due to its insistence on including glass.

Earlier this week, Climate Change Secretary Huw Irranca-Davies announced that the Welsh Government would no longer participate in the development of a UK-wide DRS, citing issues arising from the UK Internal Market Act 2020. This decision is believed to be influenced by the Welsh Government’s plan to include glass in its scheme—a factor that contributed to the collapse of Scotland’s DRS in 2023.

The move has been met with frustration and anger from numerous organisations, who argue that this divergence will increase costs for Welsh producers and consumers.

Commenting on the matter, Samuel Kurtz said: “This decision is deeply frustrating, and to diverge from a UK-wide scheme shows that it is not one made with the best interests of Welsh consumers and producers at its core.

“The UK market is so interlinked that any decision which places Welsh businesses at a competitive disadvantage should not proceed. These calls from a range of industry and business representatives have been ignored by the Welsh Government.

“For the sake of our businesses and consumers, I urge the Welsh Government to reconsider its decision, align itself with the UK-wide scheme, and provide proper support to Welsh businesses.”

Industries, especially the micro-brewery sector, would be especially hit hard in Wales by the Welsh Governments choice.

Speaking following this announcement, Richard Johnson, Head Brewer at Tenby Harbour Brewery said:

“The brewing industry has had to tread a path through covid lockdowns, energy price increases, a cost of living crisis and rising wage and national insurance bills, making it increasingly difficult for brewers get good returns and re-invest in their businesses.

“Wales is a recycling nation, so a blunt ‘one size fits all’ approach creates additional logistical and financial burdens on the smallest producers, when the very largest producers are generating the majority of the recycling demand.

“It also seems illogical to diverge away from a UK wide scheme which will put Welsh brewers and drinks producers at a disadvantage.

“The UK and Wales has a proud brewing heritage, but adding in measures such as DRS to small brewers means that their time and money are directed to these activities, instead of using their time for innovation and R&D, of which the UK brewing scene is known and revered for.” 

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Business

Bluestone crowned ‘Best Small Company for UK Parks and Lodge Holidays’

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BLUESTONE is celebrating a major win after being named the Best Small Company for UK Parks and Lodges Holidays at the prestigious British Travel Awards 2024.

The announcement was made at the prestigious awards ceremony this week, marking yet another significant achievement for the popular West Wales destination.

This award recognises Bluestone’s commitment to providing exceptional family holiday experiences at its 500-acre resort in the stunning Pembrokeshire Coast National Park.

“We are absolutely thrilled to receive this award,” said Bethan Rees, Head of Marketing at Bluestone. “It’s a testament to the hard work and dedication of our entire team, who create magical and memorable experiences for families all year round. We are incredibly grateful to every single one of our guests who voted for us and who choose to visit us year on year.

“When you look at the array of other finalists, the award demonstrates why we’re so proud of winning it. This is due to our continued investment, team, and commitment to environmentally sustainable tourism.”

This award builds on Bluestone’s impressive track record. It has consistently received high praise for its family-friendly facilities, commitment to sustainability, and dedication to providing outstanding customer service. Earlier this year, Bluestone was again recognised by Which? as one of the UK’s top holiday destinations and the best rated in Wales.

The British Travel Awards are the largest consumer-voted awards programme in the UK. Winning this award highlights Bluestone’s position as a leader in the family holiday market and reinforces its reputation as a top choice for unforgettable family getaways.

Bluestone, which employs over 800 people and is one of the largest employers in West Wales, is also committed to investing in its people and local community. It provides extensive training and development through its People Services team and the Bluestone Academy. In addition, it supports a wide range of local projects and initiatives through the Bluestone Foundation.

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Multi-agency exercise at South Hook LNG Terminal

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A MULTI-AGENCY exercise is scheduled to take place at the South Hook LNG Terminal tomorrow (Sunday), between 8:00am and 3:00pm.

Local residents in the vicinity of the terminal have already been informed about the event. However, authorities wish to reassure the wider public that an increase in traffic and activity near the terminal is part of this pre-planned exercise.

The exercise is a routine collaboration among emergency services and stakeholders to ensure preparedness for potential scenarios.

Residents and commuters are thanked in advance for their understanding and cooperation.

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