News
Jeremy Miles’ Manifesto: Possible Benefits for Forex Traders

Jeremy Miles, the prominent figure vying for the position of Wales’ next first minister against Vaughan Gething, has recently revealed his comprehensive manifesto, outlining a vision for sustainable economic growth. His proposals include initiatives that cover a wide range of sectors, from housing and healthcare to education and transportation. While his proposed changes are intended to increase the well-being of Welsh citizens, the implications can extend to wider economic spheres, even affecting the forex (foreign exchange) market. As a forex trader, it’s essential to anticipate the market’s movement if Jeremy Miles becomes Wales’s first minister. Let’s take a closer look.
Homes and the Rent-To-Own Scheme
One of the key proposals from Jeremy Miles is the rent-to-own scheme, which will allow renters to become homeowners. Allowing individuals to transition from renters to homeowners by building up a lump sum towards a deposit while renting their home can increase the number of homeowners in Wales. The Shared Ownership scheme also allows individuals to buy property shares and pay rent on what remains.
The rent-to-own scheme can benefit those trading forex because it will stimulate activity in the real estate market, eventually affecting currency valuations tied to housing sectors. Increased demand for housing due to the rent-to-own scheme can lead to higher property prices and construction activity. These reflect economic conditions and investor sentiment that forex traders monitor.
Also, increased consumer spending on homeownership can increase currency value due to interest rates and inflation expectations. The changes in the real estate market can lead to positive developments like increased homeownership rates and stable housing markets, which attract foreign investment and improve investor sentiment and risk appetite.
Economic Changes and Business Support
Source: Suzy Hazelwood via Pexels
Jeremy Miles is also moving towards providing financial incentives for new and recent graduates to set up businesses in Wales. He will be pushing a ‘Make It In Wales’ campaign to attempt to bring Welsh people living in other countries back home. His focus is to create quality and sustainable jobs, innovate the rural economy, and place emphasis on AI, biotech and sustainability.
The incentives for entrepreneurship among graduates will lead to job creation and economic growth, which can impact currency movements. Entrepreneurship also has different economic benefits, including being advantageous to forex traders. This is because it leads to higher economic activity and consumer confidence, all of which are indicators for forex traders to consider.
It will also improve the balance of payments in Wales, which is a critical determinant of the currency value. As businesses expand and unemployment reduces, it leads to higher exports and lower imports and attracts foreign investments for a more robust local currency.
Education
Miles has highlighted the importance of education in his manifesto, as he aims to increase the standards and investment in schools. He has promised to increase the percentage of the Welsh government budget spent on schools.
This can benefit forex traders because increased spending on education can boost investor confidence in Wales as a sign of a government’s commitment to economic growth. With investors gaining confidence, they are more likely to invest in its currency, which can influence its standing in the forex market. A growing economy also leads to higher interest rates, attracting foreign capital that can benefit forex traders.
At the same time, it’s important to note that Miles’ plan to increase spending on education can lead to the Welsh government borrowing additional funds to finance these initiatives and impact inflation expectations, which will put downward pressure on the currency and affect forex traders in this way.
Transportation Infrastructure
Source: Burak The Weekender via Pexels
Furthermore, Miles emphasised the importance of investing in infrastructure, especially transportation. His plans include developing integrated rail and bus services and proposed initiatives to reduce congestion on major roadways.
Improving investment in transportation infrastructure can enhance connectivity and facilitate trade, which are indicators closely monitored by forex traders for their impact on currency values. Miles has mentioned that investment will be needed in rail and public transport and that he can finally use Wales’s fair share of the High Speed 2 (HS2) investment.
The expected increased investment in transportation infrastructure projects can influence the trade balances, which will appreciate the domestic currency and benefit forex traders.
UK Re-Joining the EU Single Market
Forex traders will be strongly impacted if Jeremy Miles achieves his goal of pushing the UK to rejoin the EU single market after the country left during Brexit. In his recent interviews, he supported the idea, saying that he would strongly advocate for this with Sir Keir Starmer, the labour leader, if he became the first minister of Wales.
The UK’s potential re-entry into the EU single market will be a positive development for forex traders, as it can make the GBP more stable and strengthen it against other currencies, boosting investor sentiment, economic growth and forex trades. However, remember that negotiating this can cause the currency market to be volatile in the interim.
Can Forex Traders Be Confident in Jeremy Miles’ Manifesto for Wales?
Jeremy Miles’ manifesto has outlined ambitious proposals to foster sustainable economic growth and solve societal challenges in Wales. The implications will extend to other economic spheres like the forex market. It’s recommended for forex traders to closely monitor the developments in Wales since, if Jeremy Miles wins, the potential impact on currency valuations and trading opportunities will be significant.
Community
Ground breaking event marks start of key Haverfordwest Public Transport project

KIER and Pembrokeshire County Council held a traditional ground breaking event at Haverfordwest Public Transport Interchange (HPTI) last month – celebrating the official start of work on site.
Council members including the Leader Councillor Jon Harvey, Deputy Leader Councillor Paul Miller, Cabinet Member for Residents’ Services Councillor Rhys Sinnett and for Haverfordwest Castle ward Councillor Thomas Tudor, joined Kier for the event with the ceremonial breaking of the ground marking a key milestone in the project’s progress.
The scheme includes the construction of a modern bus station and multi-storey car park to Haverfordwest’s town centre, providing a new interchange for buses and coaches, with upgraded passenger facilities.
Designed by architects BDP and built by Kier, the completed scheme will include more than 300 parking spaces, seven bus bays, public toilets and accessible changing facilities for people with disabilities.
The project also has a number of sustainable features including electric vehicle charging facilities and an array of solar panels on the roof which will supply the vast majority of the building’s energy usage and help Pembrokeshire County Council meet their commitment to be net zero carbon by 2030.
Ian Rees, regional director at Kier Construction Western & Wales, said: “We have been on site for a number of months now undertaking essential enabling works, this ground breaking ceremony is an important milestone as we progress into the construction phase of this vitally important transport hub.
“This transport interchange for Pembrokeshire County Council will really begin to take shape over the coming weeks and months and will ultimately deliver a much-needed, modern transport hub for the local community, improving connectivity and accessibility for residents and visitors alike.”
Cllr Paul Miller, Deputy Leader of Pembrokeshire County Council, said: “It’s great to see work starting on this new transport interchange, which is an important part of the wider Haverfordwest Masterplan. It’s designed to make it easy and convenient to visit Haverfordwest town centre which is a key part of our efforts to regenerate the town.
“I think we can all agree the previous multi-story car park had reached the end of its useful life.
“Once we’ve completed this project, the town centre will be easily accessible both by bus and of course by car with the car park element of the project benefiting from wider spaces, EV Charging, single tap exit and payment and of course a much nicer, lighter and safer environment for users.”
Architects, landscape architects and civil and structural engineers from multidisciplinary design practice BDP designed the transport interchange.
Matthew Mayes, architect director at BDP, said: “This significant regeneration scheme will be transformational for local people, offering improved access to bus, taxi and cycling facilities with excellent connectivity to the riverside, shopping centre and railway centre.
“Our designs include striking aluminium fins that wrap around the building with stone cladding at ground level to reflect the town’s historic features and a new public square with plenty of greenery and seating for people to relax.”
Built on the site of a demolished multi-storey car park and bus station, HPTI will form part of the South West Wales Metro project, which aims to better integrate sustainable modes of transport and complements the wider regeneration work in Haverfordwest.
The design of HPTI is being funded from the Welsh Government’s Local Transport Fund.
Kier has significant experience in south-west Wales spanning over 60 years and has included the delivery of schools, hospitals and even the home of Welsh television, S4C, in Carmarthen.
This project was procured by Kier through the South West Wales Regional Contractors Framework (SWWRCF).
News
Welsh Government unveils new legislation to transform bus services

PROPOSALS to overhaul the way local bus services are planned and delivered across Wales have been published today, with the aim of improving services for passengers and encouraging more people to use public transport.
A new Bill has been laid before the Senedd which, if passed, will grant powers to establish a fully integrated bus network that puts passenger needs first.
Key proposals include creating one network, one timetable, and one ticket system across Wales. Services will be designed based on local knowledge but coordinated nationally by Transport for Wales, working in close partnership with local authorities and Corporate Joint Committees. The new system would primarily operate through franchised contracts delivered by private, public, and third sector operators.
Welcoming the Bus Services (Wales) Bill, Cabinet Secretary for Transport and North Wales Ken Skates said the legislation had the potential to transform bus travel for communities across the country.
“This is a historic day for public transport in Wales as proposals for bus reform begin their journey through the Senedd,” said Mr Skates. “This is about putting people first—offering one network, one timetable and one ticket across Wales.
“Change is needed. While some areas are well-served, it’s not the case everywhere. I want a bus network that is reliable, affordable, easy to use, and better integrated with other modes of transport such as trains and active travel.
“The benefits are clear: improved access to services, greater equity for those most reliant on public transport, and a meaningful alternative to car travel.”
Buses carry around 190,000 passengers a day in Wales and account for three-quarters of all public transport journeys. The Bill aims to address common barriers to bus use—such as poor reliability, lack of ticket interoperability between operators, and weak links with other transport modes.
The public will benefit from clearer, easier-to-navigate timetables and more seamless transitions between buses and trains. Ticket revenue will be reinvested across the country, improving services in both rural and urban areas.
Mr Skates highlighted current examples of successful integration, including the TrawsCymru T1 service, which already offers joint bus and rail tickets, and the 1bws ticket in North Wales, valid on almost every local bus in the region.
“These examples show what can be achieved with joined-up thinking,” he said. “I don’t underestimate the scale of change this Bill represents, which is why the rollout will happen region by region. But when complete, it will be truly transformational.”
The rollout is expected to begin in South West Wales in 2027, followed by North Wales in 2028, South East Wales in 2029, and Mid Wales in 2030. However, Mid Wales will benefit from earlier improvements through the Bridge to Franchising programme, already underway.
Education
Welsh pupils harness Minecraft to explore offshore wind and climate careers

PUPILS at Golden Grove School in Pembrokeshire are diving into the world of renewable energy and marine conservation through the immersive Minecraft Education world Offshore Wind Power Challenge—a collaboration between The Crown Estate and Microsoft UK.

Available in both Welsh and English, the virtual world enables students to design and build their own offshore wind farms to power a coastal village. Along the way, they gain insights into climate change, environmental protection, and careers in sustainability, engineering and conservation.

The initiative has now been expanded with new classroom resources tailored for younger learners and aligned to the Welsh curriculum. Lesson plans for teachers are also being provided to support the integration of the material into everyday teaching.
As part of their focus on developing green skills in schools across Wales, The Crown Estate partnered with education specialists Dosbarth to create the new learning content. The organisation is currently delivering taster sessions across the country, including to Year 5 and 6 pupils at Golden Grove.
Wales is emerging as a leader in renewable energy, with new floating offshore wind farms set to be developed in the Celtic Sea under The Crown Estate’s latest seabed leasing round. These projects have the potential to generate up to 4.5GW of electricity—enough to power more than four million homes. Independent research estimates the economic value of these developments could reach £1.4bn, supporting up to 5,300 jobs.*
Rebecca Williams, Director of Devolved Nations at The Crown Estate, said: “This is an exciting collaboration that brings new educational content to schools through the best-selling game of all time. This Minecraft Education world provides students and teachers with a fun way to explore the opportunities and challenges of our energy transition while protecting the natural environment, through the languages that matter most to them.
“The Crown Estate is committed to creating partnerships that have a positive impact. We hope this initiative will inspire young people to develop their skills and discover the green careers of the future.”
Karen Jones, Managing Director of Dosbarth, added: “By creating new materials for younger audiences that align with the Welsh curriculum—and providing accessible lesson plans for busy teachers—we believe these resources will inspire even more pupils across Wales to become the next generation of environmental leaders and problem-solvers.”
-
Charity7 days ago
Emergency services unite for charity at Pembroke Dock Fire Station
-
Sport7 days ago
Kildunne hat-trick rips Wales apart in record-breaking Six Nations clash
-
Community7 days ago
Tenby comes alive with eccentricity as Steampunk Festival returns in style
-
Education7 days ago
Supported employment learners take off on airport adventure
-
Community7 days ago
Funeral arrangements confirmed for popular local entertainer, Matt Baker
-
Business4 days ago
SpaceX eyes Milford Haven for new UK facility
-
Crime5 days ago
Pembrokeshire farm worker accused of threatening to burn employer’s farm
-
Crime5 days ago
‘Yeah but no but’ insult to female officer lands Monkton man with court fine