News
Santa visits Cardigan banks with some motley elves, and a polar bear
IF YOU WENT down to Cardigan last week, you may have seen Santa, some motley elves, a polar bear and a bank manager making some visits.
They were visiting all the banks in town, and looking at whether they have been naughty or nice this year. Those which have been naughty, through funding an expansion of fossil fuels were given a potato as a mark of disapproval, while any which have made moves away from this were rewarded with chocolate.
While this was a fun spectacle, put on by the Cardigan Extinction Rebellion group, there was a serious message behind it. One of the group, Jane Mansfield explained,
“We have just experienced the warmest year on record, record wild fires and the lowest ever recorded levels of sea ice. The science is clear. In their report Net Zero by 2050, The International Energy Agency told us categorically that we could have no new oil and gas if we are to have a chance of limiting warming to 1.5°C
And yet the Rainforest Action Network report, Banking on Climate Chaos 2023 shows that Barclays remain the world’s 7th largest funder of fossil fuels, shamefully still financing new oil and gas projects, often in extremely vulnerable parts of the world such as the Amazon and the Arctic.”
Sian Vaughan, a retired head teacher, dressed as an elf last week, added, “In the last 12 months for which figures are available (2022) Barclays have funded new coal mining, new arctic oil and gas, new tar sands, new oil and gas in the Amazon, new offshore oil and gas, new fracking and new liquid natural gas. So it is one of the key banks accelerating climate breakdown by financing the burning of fossil fuels and biomass and the destruction of nature.”
The Extinction Rebellion group said that HSBC’s record is only marginally less ‘naughty’ than Barclays, so they also received a potato from Santa.
Jim Bowen, CEO of Clynfyw Care Farm, who was the tallest elf, pointed out that not all high street banks are equally bad. “Lloyds bank has definitely moved in the right direction. It has the lowest fossil fuel investments of any of the major UK banks. and put no new money into fossil fuels last year. So Lloyds Bank in Cardigan were given chocolates by Santa this year.” And he added, “While we want high street banks in town, we want them to improve their policies – for the sake of the planet and the future of all of us”.
Apart from the banks, 2 shops also received an unexpected visit from Santa and his helpers – Oxfam and the Eco Shop, to thank them for all their good work for the planet.
Business
Stena announces redundancy plan amid uncertainty for Pembrokeshire
FREIGHT carrier and ferry operator Stena Line, which runs services between Fishguard and Pembroke Dock, has announced plans to cut up to 80 staff members following an internal review.
Uncertainty looms over whether any of these redundancies will impact staff operating our local ferry services.
Stena CEO Paul Grant shared the news in an email to employees on Monday, citing a need to “future proof the company.” He explained that an internal assessment revealed the company’s current organisational structure as “too big and expensive” compared to its revenue.
The decision comes amid rising costs and increased competition in the freight and travel sectors.
According to Mr. Grant, “Cost pressure due to higher inflation has led to our customers having less money to spend, and with the introduction of the European Emission Trading Scheme (ETS), increasing our prices, we see a decline in volumes for both travel and freight.” Additionally, disappointing sales during the summer season and unmet market growth expectations for 2024 contributed to the restructuring.
The program, designed to strengthen Stena’s long-term business viability, includes a reduction of costs, prioritization of investments, and staff cuts that will primarily impact support functions and consultants. The workforce will be reduced by 80 positions by early 2025, along with 30 consultants also set to leave the company. Discussions with unions and work councils are expected to last several months, with all affected staff to be informed of their status by January 31, 2025.
In response to this announcement, the Transport Salaried Staffs’ Association (TSSA) has demanded a meeting with Stena Line to clarify the impact of these cuts, particularly on their members.
TSSA General Secretary Maryam Eslamdoust expressed disappointment over the handling of the announcement, stating: “Our members are shocked by this news and outraged that Stena has chosen to sidestep established industrial relations processes. Stena must meet with us urgently to clarify who is at risk and address the potential impacts on our members.”
The layoffs are part of a broader restructuring effort aimed at securing Stena Line’s future amid sustainability challenges. CEO Niclas Mårtensson acknowledged the difficult decision, stating, “Stena Line has been a successful company over the past few years; however, we need to ensure a lower cost base to be able to future proof the company. With 40 vessels in Europe and the Mediterranean, we have significant sustainability challenges ahead of us, and this program will enable us to make necessary investments for the future.”
The TSSA’s letter to Stena reiterates the union’s commitment to supporting affected employees and calls for an immediate discussion to clarify the situation, especially for staff at Fishguard who may be impacted.
News
UK government to appoint first Wales Crown Estate Commissioner
FOR the first time, the UK government will appoint a Crown Estate Commissioner dedicated to advising on matters in Wales, further integrating Welsh interests in board-level decisions. This move supports existing efforts to ensure that Wales benefits from the push for clean energy, following an agreement facilitated by the Welsh Secretary.
An amendment to the Crown Estate Bill, with cross-party backing from Labour, Plaid Cymru, Liberal Democrats, and crossbenchers, will be accepted at today’s Lords Report Stage (Nov 5). This change mandates the appointment of a Wales-specific Commissioner through the Public Appointments process, with input from the Welsh Government. The appointee will bear “an additional responsibility” to represent Welsh conditions and interests, amplifying Wales’s voice within the Crown Estate.
Welsh Secretary Jo Stevens has collaborated with the Treasury, The Crown Estate, House of Lords members, and the Welsh Government to secure this legislative advancement. The Crown Estate, instrumental in drawing international investment to Wales, supports projects like Floating Offshore Wind in the Celtic Sea, which promises cleaner energy and job creation.
The introduction of a Wales-specific Commissioner strengthens The Crown Estate’s mission to serve the entire UK while averting potential market fragmentation and protecting international investor confidence critical to the net-zero transition.
In a related effort, Great British Energy, the government’s new public energy firm, recently partnered with The Crown Estate to expedite renewable energy advancements. This initiative could attract up to £60bn in private investment, boosting the UK’s journey toward energy independence.
Welsh Secretary Jo Stevens stated: “This is a landmark step toward ensuring that Welsh prosperity is at the heart of the government’s mission to become a clean energy superpower. Our nation stands to benefit hugely from investment in floating offshore wind, and we now have the representation we need to help seize that moment. This demonstrates how Wales benefits directly from its two governments working together, and I’m grateful to Lord Livermore, The Crown Estate, and others for helping to make this happen.”
Sir Robin Budenberg CBE, Chair of The Crown Estate, said: “In seeking to increase the number of Commissioners from eight to twelve, The Crown Estate welcomes the opportunity now presented by this amendment to bring even more direct knowledge and understanding of the areas in which we operate and further strengthen our ability to deliver benefit to the whole of the UK.”
Crime
Arrests made after large-scale cannabis operation raided in Pembroke Dock
POLICE in Pembroke Dock have uncovered yet another large-scale cannabis operation, as part of an ongoing clampdown on illegal farms in the area. On Monday (Nov 4), Dyfed-Powys Police executed a search warrant at a property on Dimond Street, where officers found over 500 cannabis plants in a sophisticated cultivation setup.
Two men, aged 26 and 34, have been arrested in connection with the investigation and are currently in police custody. The raid follows a series of similar operations in Pembrokeshire, targeting properties used for illegal drug cultivation.
(Photos: Martin Cavaney/Herald)
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