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
Junior chess match ends in thrilling draw

PEMBROKESHIRE JUNIORS IMPRESS IN CARMARTHEN FIXTURE
PEMBROKESHIRE JUNIOR CHESS CLUB travelled to Carmarthen on Monday (April 7) for a friendly fixture against their slightly older, but less experienced, counterparts. The match marked Carmarthen’s first official game.
Thanks to Peter Evans for organising the event, which saw 20 young players competing in a friendly but competitive atmosphere. A terrific evening of chess followed, with players mixing and matching across boards, ensuring each had at least two games—some even playing three or four.
The result of the first match was a tightly contested draw, finishing 5-5.
Standout players on both sides
For Pembrokeshire, standout performances came from:
- Suki, with 3 wins
- Huw, with 2 wins
- Joe, with 1 win and a draw
For Carmarthen, Matthew, William, and Eric stood out with impressive performances.
A return fixture in Pembrokeshire is already being planned before the season concludes. The club also hopes to arrange additional matches against Redhill Prep School and Castell Nedd Chess Club on May 29.
Strong performances in Redhill Festival
Ten Pembrokeshire players also took part in the Redhill Primary School Festival over the weekend, all performing with distinction. Special mention goes to Joe and Harry, who both won their first four rounds and competed in the final—Joe winning Gold, and Harry securing Silver.
Coach Martin Jones said he has been delighted with the progress made by all players this season, including the club’s younger and less experienced members, who are also showing great promise.
Martin also recently competed in the Bristol Chess Congress, where he took first place in his section out of 62 entrants.
“It’s great to see chess flourishing in Pembrokeshire,” he said.
Pembrokeshire Team (in board order)
- Barnaby Hinman – Ysgol Preseli
- Joe Othen – Home Schooled
- Harry Harling – Cosheston VC School
- Huw Holliday – Redhill Prep
- Sebastian Kummer – Neyland Community School
- Jude Taylor – St Mark’s VA School
- Henry Malone – Redhill High
- Suki-Rose Heulwen – Ysgol Bro Penfro
- Emily Thomas-Ward – Redhill Prep
- Carys Callan – Redhill Prep
Photos:
- Pembrokeshire Team
- Combined Pembrokeshire & Carmarthen Teams
Charity
RNLI issues warning as tidal knowledge gap puts millions at risk

Research shows 15% of people have been cut off by the tide as spring tides coincide with Easter break
AS FAMILIES flock to the Welsh coast for the Easter school holidays, the RNLI has issued a stark warning following new research revealing widespread gaps in public understanding of tidal safety.
The joint survey by the RNLI and Bangor University found that around 15% of people in the UK and Ireland—equivalent to 10 million individuals—have either been cut off by the tide or had a near miss. Worryingly, many of these incidents involved people who had not intended to enter the water at all.
With spring tides forecast during the Easter break—when beaches are expected to be busy—the RNLI is urging extra caution. In Wales, being cut off by the tide accounts for almost 8% of all lifeboat launches over the last decade, more than double the UK average. On days with higher tides, areas not typically at risk can quickly become hazardous.
One of the worst-affected locations is Sully Island, where the RNLI is once again deploying volunteers to patrol the causeway during peak tidal periods. This initiative, launched last year, significantly reduced the number of people stranded by the tide. The RNLI is now appealing for more volunteers to support the project this season.
A key finding of the Bangor University survey was that 60% of those who had been cut off were shocked by the speed of the incoming tide.
The study also revealed that:
- Four in ten people have no basic understanding of how tides work.
- Only half of respondents said they check tide times before visiting the beach.
- Just 24% feel confident reading and interpreting a tide timetable.
To better understand these knowledge gaps, Bangor University’s Impact and Innovation Fund commissioned a multidisciplinary team—including a marine social scientist, an ocean scientist and a discourse analyst—to conduct a nationwide survey and interview tidal incident survivors. The findings will inform future public safety campaigns.
The RNLI recommends checking tide times using reliable online sources such as the Met Office before setting out, and reminds coastal visitors that tide times vary daily and by location.
Chris Cousens, RNLI Water Safety Lead for Wales, said: “The results of the survey are eye-opening and show that a large proportion of the public have gaps in tidal knowledge.
“We’ll be using these findings to shape future safety campaigns and educational efforts.
“With spring tides forecast, people may find themselves cut off faster than usual—sometimes in areas not normally at risk.
“It’s hard to imagine how a simple walk can turn dangerous so quickly. That’s why it’s vital to check tide times at the start of your day, watch for the tide turning, and always leave enough time to return safely.”
Dr Liz Morris-Webb, Honorary Research Fellow at Bangor University, added: “In my 25 years of coastal research, I’ve seen everyone from tourists to seasoned marine professionals caught out by tides.
“The stories shared by those we spoke to show how a relaxing day out can turn into a life-threatening situation.
“Thanks to those who contributed their experiences, we’re now in a stronger position to raise awareness and improve public safety messaging.”
The RNLI’s top tips for coastal safety this Easter:
- Check tide times before setting out. If you’re unsure, seek local advice.
- Choose a lifeguarded beach and always swim between the red and yellow flags.
- If you get into trouble in the water, remember: Float to Live. Lean back, keep your mouth above water, and try to control your breathing. Use your hands to stay afloat.
- In a coastal emergency, call 999 and ask for the Coastguard.
Community
Artist donates rare Sunderland paintings to Heritage Centre

FOUR original paintings of Sunderland flying boats have been donated to the Pembroke Dock Heritage Centre by one of its leading supporters, Welsh aviation and military artist John Wynne Hopkins.
John, who lives in Llanelli, has also gifted several large prints and a collection of greetings cards, all depicting iconic images of the Sunderland aircraft.
“I have followed the excellent progress of the Heritage Trust over many years and I am so pleased that my art can support them,” said John. “The Sunderland is a favourite subject of mine and its long connections with Pembroke Dock have provided me with many topics to paint. I shall certainly continue this.”
The Heritage Centre already displays one of John’s earlier works — a dramatic World War I battlefield scene created in 2018 for its trench exhibit. The painting is featured in the original entrance of the Centre, housed in the former Royal Dockyard Chapel.
The Pembroke Dock Heritage Centre is open Monday to Friday, from 10:00am to 4:00pm.
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