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West Wales doing well, but serious concerns raised over other Welsh Growth Deals

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Senedd Committee warns North Wales and Cardiff schemes face major risks as Swansea Bay projects, including Pembroke Dock Marine, move forward

A SENEDD Committee has raised serious concerns about the performance of Welsh City and Regional Growth Deals, with particular criticism of the North Wales Growth Deal and the Cardiff Capital Region City Deal.

The Economy, Trade and Rural Affairs Committee has written to both the Welsh and UK Governments urging urgent monitoring of the deals, which are responsible for delivering economic growth with substantial amounts of public funding.

What are Growth Deals?

City and Growth Deals are agreements between governments and local regions to boost economic growth through long-term investment in infrastructure, skills, and innovation. Introduced in the UK in 2011, they are designed to bring together councils, business, and education institutions.

In Wales, four Growth Deals cover every region: Cardiff Capital Region, North Wales, Swansea Bay, and Mid Wales. Collectively, they represent more than £2.5 billion in investment when UK and Welsh Government contributions are combined with private sector funding.

North Wales Growth Deal behind targets

Collapsed: The Trawsfynydd nuclear project

The North Wales Growth Deal, signed in 2020, has a budget of £240m from both the UK and Welsh Governments over 15 years. It set out to create up to 4,200 jobs and generate £1bn in private sector investment.

But the collapse of the Trawsfynydd nuclear project has left it far short of targets. The project was expected to deliver 12.5% of job targets and 40% of investment goals. With Great British Nuclear deciding not to pursue the site for Small Modular Reactors, Ambition North Wales has so far reported only 35 jobs created and £1.8m of private investment.

The Committee has called for urgent clarity on funding and a review of decision-making processes.

Cardiff Capital Region concerns

The Cardiff Capital Region City Deal, signed in 2016, involves £1.2bn of investment, including £375m from the UK Government and £375m from local councils.

Its flagship project, the redevelopment of the Aberthaw Power Station site, is facing major challenges. The site was purchased for £8.6m, with £30m earmarked for demolition, but the overall cost could exceed £1bn. A procurement dispute has already cost £5.25m in settlement, and an independent review is now under way.

While there has been strong investor interest, the Committee warned of risks to public finances due to the scale of funding needed.

Swansea Bay progress

By contrast, the Swansea Bay City Deal — which covers Swansea, Neath Port Talbot, Carmarthenshire and Pembrokeshire — has been praised for its progress. It is worth £1.3bn, including £241m from each of the UK and Welsh Governments.

So far, 896 jobs have been created and £133m of private investment secured. The Deal has also been highlighted for its support to Port Talbot and Tata Steel workers during a period of major uncertainty for the steel industry.

However, the Committee warned that inflation is squeezing budgets and said the Deal needs greater flexibility in funding.

Theresa May signing the Swansea Bay City Deal as Prime Minister in 2017

What it means for Pembrokeshire

For Pembrokeshire, the Swansea Bay Deal is critical. The county is central to one of its flagship projects — Pembroke Dock Marine. This £60m development is designed to make Pembrokeshire a world leader in marine energy innovation, building on the county’s deep-water port facilities and expertise in renewables.

The project brings together Milford Haven Port Authority, Marine Energy Wales, ORE Catapult, and Wave Hub. It aims to create high-value jobs in research, testing and deployment of marine technologies, including floating offshore wind.

Other Pembrokeshire-linked schemes include investment in digital infrastructure and innovation centres that could benefit rural communities and local businesses.

With the Senedd Committee sounding the alarm about funding risks in other regions, questions will be asked about whether future Welsh and UK Government support could be diverted away from west Wales. Local leaders have long argued that Pembrokeshire needs sustained investment to unlock its potential in green energy and ensure that the marine sector delivers long-term jobs.

Mid Wales enters delivery phase

The Mid Wales Growth Deal, covering Powys and Ceredigion, was signed in 2020 with £55m each from the UK and Welsh Governments. It has only just entered its delivery phase and has not yet transferred to a Corporate Joint Committee model.

The Committee said it will closely monitor its progress given the unique economic challenges in mid Wales.

Committee chair speaks out

Andrew RT Davies MS, Chair of the Committee, said: “The four City and Growth Deals should be a key driver for economic growth in Wales and be creating a bright economic future. While there are promising signs, particularly in Swansea Bay, we must address serious concerns particularly in North Wales and Cardiff Capital Region.

“Proper monitoring and consistent leadership are essential to ensure all Deals are supported to reach their ambitious targets and deliver on the significant public investment. Transparency, clarity, and long-term vision are essential.”

The Committee has asked both governments to respond to its concerns and outline how they will ensure Growth Deals deliver for all regions of Wales.

 

Business

Herald expands sales team as Milford Haven growth drives demand

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THE PEMBROKEHIRE HERALD is launching a recruitment drive to bring in two new sales executives as the newspaper continues to grow its commercial operations across the county.

The move comes as the Herald strengthens its position as the leading independent news platform in West Wales, with increasing demand from local businesses looking to advertise both in print and online.

The expansion is being driven in part by the rapid growth of Milford Haven and the wider energy sector, with major investment in green energy projects, port activity and associated industries creating new opportunities for local businesses.

As the area continues to develop as a key energy hub, more companies are seeking to reach customers, partners and the wider community through trusted local media.

The successful candidates will work directly with Pembrokeshire businesses, helping them promote their services to a growing audience through the Herald’s expanding digital reach and established print readership.

Editor Tom Sinclair said the recruitment reflects both the changing local economy and the Herald’s increasing audience.

He said: “Milford Haven is expanding rapidly, particularly with new energy and green projects coming forward, and that’s creating real opportunities for local businesses.

“At the same time, our audience continues to grow across both our website and social media platforms, meaning we can now offer advertisers a much bigger and more effective platform than ever before.”

The new roles will focus on building relationships with local firms, developing advertising campaigns, and identifying new opportunities across sectors including tourism, retail, trades, energy and professional services.

The Herald has continued to invest in its digital platforms, including Herald.Wales, alongside its well-established print edition, offering advertisers a multi-platform approach to reaching customers.

The recruitment drive also comes at a time when many local businesses are looking for cost-effective ways to promote themselves amid ongoing economic pressures.

Mr Sinclair added: “Local advertising matters. When businesses advertise locally, that money stays in the local economy. It helps create jobs, supports families and helps communities grow alongside the businesses within them.”

The roles are expected to appeal to motivated, target-driven individuals with strong communication skills and an interest in media, sales or marketing.

Both positions are based in Pembrokeshire, with opportunities for training and career progression within the Herald’s growing media group.

Anyone interested in applying is encouraged to email [email protected] with a CV and covering letter before Tuesday (Apr 1, 2026).

 

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Business

Jobs fall in Pembrokeshire as payroll numbers drop over past year

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Employment down by 124 year-on-year with further monthly decline recorded in February

EMPLOYMENT in Pembrokeshire has fallen over the past year, with new figures showing a drop of 124 jobs compared with the same period in 2025.

Data for February 2026 reveals that 47,801 people were on payroll across the county, representing a 0.3% decrease year-on-year.

The latest monthly figures also show continued pressure on local businesses, with payroll numbers falling by 82 compared to January — a 0.2% drop.

The data, based on analysis of Office for National Statistics payroll figures by employment app WageSight, paints a mixed picture for the county’s labour market.

Compared with other Welsh local authorities, Pembrokeshire ranks 12th out of 22 for employment change, placing it in the lower half of performers.

The Herald understands that while some parts of Wales have seen modest job growth, others — including Pembrokeshire — continue to experience a squeeze on employment levels.

Paul Hebden, Director at WageSight said: “The latest figures underline the continued pressure on employment in Pembrokeshire. Payroll remains down compared with last year, and recent month-on-month data suggests employers are still cutting back.”

Nationally, employment trends remain uncertain, with fluctuations across different regions and sectors creating an unpredictable backdrop for businesses.

It remains unclear whether the recent decline marks the beginning of a longer-term trend or simply a short-term dip, but the figures suggest that employers in Pembrokeshire are continuing to act cautiously in the current economic climate.

 

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Business

Haverfordwest cinema one of six council properties for sale

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SIX COUNCIL-owned properties in Pembrokeshire, including Haverfordwest’s Palace Cinema, a boatyard, and a former social services premises in Tenby, are to be put up for sale following a decision by senior councillors.

At the March 16 meeting of Pembrokeshire County Council’s Cabinet, members were asked to back the disposal of six properties in the county’s portfolio as well the earmarking of four properties for other purposes.

A report for members said: “The Property Department has recently undertaken a review of the council’s estate to identify underused or vacant properties that are no longer required for service delivery and could be transferred internally or disposed of to generate capital receipts.”

The report listed six assets which members were asked to declare surplus for disposal by freehold sale.

Those assets were: Iveston Farm, Maidenwells; land east of Cleddau Reach School, Llangwm; Palace Cinema, Haverfordwest; St Asaph, Trafalgar Road, Tenby – social services premises; land at East Llanion Marine, Pembroke Dock – boat yard area; and land at Maidenwells – development plot.

For those six properties, it said of Iveston Farm: “Farm homestead in need of extensive renovation. An approach to local agents will begin to market the homestead and surrounding land. The remainder of the land areas are to be re-let as part of the County Farm Estate.”

For the land east of Cleddau Reach School, it said: “Areas of land parcels that no longer form part of the school demise and offer no opportunity to the authority and is therefore to be declared surplus for disposal.”

For Palace Cinema, it said: “Freehold of property to be sold. The property is listed and requires significant investment.”

For St Asaph, Trafalgar Road, Tenby, it said: “The property is not required or suitable for other internal services and is therefore to be declared surplus for disposal.”

For East Llanion Marine, it said: “Freehold of the property to be sold. This is an area of land (0.29 acres) adjacent to Port owned land. Both parcels are leased to East Llanion Marine. The property is not required or suitable for other internal services and is therefore to be declared surplus for disposal.”

For the land at Maidenwells, it said: “The property is not required or suitable for other internal services and is therefore to be declared surplus for disposal.”

It also listed three assets in which cabinet was asked to declared surplus to the requirements of one council department and appropriated to another use within the council.

Those were: Portfield Social Activity Centre, Haverfordwest – for future education project; Eastgate Centre, Pembroke – for future re-development project; and land west of Cleddau Reach School, Llangwm – for future education project.

Members were also asked to remove one property declared surplus to council requirements, appropriated for a particular use within the council: Pembroke Dock Watersports Centre – Watersports centre in occupation.

Members backed the 10 recommendations.

 

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