WELSH financial, legal and technology businesses could gain improved access to the Swiss market under a major new trade agreement announced by the UK and Switzerland.

The UK Government estimates the agreement could increase British services exports to Switzerland by £5.2 billion a year in the long term, although no separate estimate has been published for the potential benefit to Wales.

However, Wales already has an established services trading relationship with Switzerland.

UK Government analysis found that Welsh businesses exported £175 million of services to Switzerland in 2020, with financial and insurance services making up the largest category.

The new Free Trade Agreement is intended to make it easier for lawyers, accountants, architects, consultants and digital businesses to sell their expertise in Switzerland.

It will also reduce barriers for businesses transferring employees between the two countries and provide greater certainty for firms considering investment or expansion.

Cardiff-based Capital Law, which already works in Switzerland and advises Swiss clients, said the agreement could strengthen the Welsh capital’s position as a growing professional services centre.

Christopher Nott, senior partner at Capital Law, said: “This FTA is a terrific result for Capital Law, our clients and Cardiff’s growing reputation as a leading professional services hub.

“The agreement locks in legal market access, reduces unnecessary barriers and provides the certainty we need to pursue opportunities in Switzerland.

“As a firm that already works in Switzerland and advises Swiss clients, with one of our partners based there, we understand the value of a strong and predictable trading relationship.

“It’s exactly the kind of practical, modern trade deal that helps UK businesses compete and succeed internationally.”

The agreement could also create opportunities for Welsh businesses operating in life sciences, financial technology, cyber security, digital services and the creative industries.

Switzerland is the UK’s sixth-largest services export market, with bilateral services trade worth more than £30 billion during 2025.

Services account for around 81 per cent of UK economic output and 83 per cent of employment, making improved access particularly significant for regions seeking to grow professional and technology-based businesses.

Secretary of State for Wales Jo Stevens said the agreement would open new doors for businesses across Wales.

She said: “The UK-Switzerland trade deal shows how the UK Government is delivering real results for businesses in Wales and across the UK.

“Wales already has a thriving services sector. This landmark agreement supports further economic growth and encourages job creation by opening new doors for businesses and enhancing Wales’s reputation on the world stage.”

Under the agreement, UK services professionals will be able to travel visa-free to Switzerland for up to 90 days a year.

British businesses will also be able to transfer employees to work in Switzerland for periods of up to five years without being subjected to some of the economic needs tests currently applied to work permit applications.

The Government said this would make it easier for British professionals and graduates working in areas including finance, insurance and consultancy to obtain Swiss work permits.

The deal also aims to reduce paperwork, support digital payments and remove requirements for certain back-office functions to be physically based in Switzerland.

Provisions will lock in future liberalisation of Swiss services markets, meaning British companies would automatically benefit from further easing of trading rules.

British travellers are also expected to receive practical benefits.

Under a separate initiative announced alongside the agreement, UK passport holders will soon be able to use electronic passport gates at Swiss airports.

The UK and Switzerland also intend to remove international mobile roaming surcharges, allowing tourists and business travellers to use their phones as part of their normal contracts without additional charges.

Around 800,000 visits are made to Switzerland by UK residents each year.

Prime Minister Sir Keir Starmer said: “Whether you’re growing a business or travelling for work, this agreement is about making life easier and creating more opportunity for people across the UK.

“It means British firms will find it easier to sell their expertise in one of our most important markets in Europe, supporting jobs and investment here at home.

“British people will also be able to enjoy using their mobile in Switzerland without extra roaming charges and, alongside the FTA, they will soon also have quicker trips through Swiss airports.”

Trade Secretary Peter Kyle described it as the most significant services trade agreement negotiated by the UK.

He said: “This deal will mean faster journeys through the border, cheaper phone use for families and business travellers to Switzerland, and new opportunities for British firms selling their world-class services overseas.”

Government figures estimate that exports to Switzerland supported 171,400 UK jobs in 2022, including 144,800 linked to services exports.

Those employment figures are based on economic modelling and include people employed directly by exporters and those working for businesses within their supply chains.

While ministers have presented the agreement as a major opportunity for Welsh businesses, its precise economic value to Wales remains uncertain.

The £5.2 billion estimate applies to the whole of the UK and the Government has not yet published a Wales-specific assessment of the expected increase in trade, investment or employment.

The agreement will now move towards formal signature and implementation, subject to the usual parliamentary scrutiny.

HAVERFORDWEST VC HIGH SCHOOL has closed early today after extreme heat affected wall-mounted soundproofing boards around the building.

The school said several of the boards, including some positioned at height, could become unsafe and fall from the walls.

Pupils were initially moved to safe areas and placed under supervision while the situation was assessed by the school’s site management team and Pembrokeshire County Council maintenance officers.

Following discussions, a decision was made to close the school early so the boards could be removed safely.

School buses were due to arrive at 1.15pm to transport pupils who normally travel home by bus. Children attending a trip at Scolton Manor were expected to return to the school by 1pm.

Parents and carers who usually collect their children were asked to do so from 1.30pm.

Pupils who normally walk home were only permitted to leave after receiving parental permission. Parents could provide permission by sending their child a text message to show their form tutor or by contacting the school reception.

The school said it expected the affected boards to be removed today, allowing the school to reopen as normal tomorrow, Tuesday, July 14.

Parents will be updated through ParentMail if the work cannot be completed as planned.

SUMMER evenings at Carew Castle will be filled with mystery, music and family entertainment as two much-loved stories are brought to life in the historic castle grounds.

Audiences are being invited to pack a picnic, bring a rug or low-backed chair and enjoy professional touring theatre in one of Pembrokeshire’s most atmospheric settings.

Hot drinks and ice creams will also be available during the performances.

The first of this summer’s open-air productions takes place on Thursday, July 30, when the critically acclaimed Pantaloons Theatre Company presents a new adaptation of Sherlock Holmes and The Hound of the Baskervilles.

Featuring live music, audience interaction and inventive theatrical comedy, the production follows Holmes and Watson as they investigate the deadly secret behind the Baskerville family curse.

Suitable for all ages, although parental guidance is advised, the show promises an evening of suspense, mayhem and laughter.

The entertainment continues on Tuesday, August 4, when Immersion Theatre brings its trademark energy to a musical adaptation of The Jungle Book.

Packed with original songs, audience participation and larger-than-life characters, the production follows Mowgli, Baloo and Bagheera on a fast-paced jungle adventure.

The story features cheeky monkeys, a slithering snake and the fearsome tiger Shere Khan.

Recommended for children aged four and above, the show promises a funny, exciting and entertaining evening for the whole family.

Daisy Hughes, manager of Carew Castle, said: “What works so well about outdoor theatre at Carew Castle is the relaxed, sociable feel of it.

“People can bring a picnic, settle in with family and friends, and enjoy professional touring theatre without the formality of a traditional auditorium.

“This year’s productions offer two very different experiences, from the suspense and humour of Sherlock Holmes and The Hound of the Baskervilles to the colour, music and energy of The Jungle Book.

“They are exactly the kind of performances that work beautifully outdoors, with plenty for families and theatre fans to enjoy.”

Gates will open at 5.30pm for Sherlock Holmes and The Hound of the Baskervilles, with the performance beginning at 6.30pm.

The show will run for approximately two hours, including an interval.

For The Jungle Book, gates will open at 4.45pm and the performance will begin at 5.30pm.

The show has an approximate running time of one hour and 25 minutes, with an interval between acts.

Tickets cost £16 for adults and £12 for children aged between three and 16.

A family ticket, covering two adults and two children or three adults and one child, costs £50.

Booking is essential through the Carew Castle website.

Tickets are non-refundable and performances will go ahead in wet weather. Visitors are advised to wear warm, waterproof clothing and bring a torch.

Caption: Live theatre returns to Carew Castle this summer, bringing stories, songs and suspense to the historic grounds.