|
Top story
|
Construction group likely to be dismantled
A construction industry employer group is understood to be under threat because it does not fit into the Assembly Government’s industry sector strategy. The Welsh Built Environment Forum will be wound up unless its supporters can gain political support for a change of heart. One forum member said closing the group would leave major employers and drivers of the economy "without a clear voice".
|
|
Deals
|
PHS files Southampton acquisition
Caerphilly workplace services group PHS has expanded into the South of England with the acquisition of FileStore, a Southampton-based data and document management business.
|
|
Companies
|
Moneysupermarket's got talent as profits quadruple
Moneysupermarket.com, the online comparison site operator, enjoyed a 300 per cent jump in post-tax profits to £7.7m in 2010, which it said was driven by investment in its product and brand. The Flintshire company, which will sponsor Britain’s Got Talent this year, saw revenue rise by 9 per cent to £148.9m.
|
Match fixing row hits Glamorgan results
Glamorgan Cricket went into the red last year as it was hit by match fixing allegations over two England v Pakistan games played in Cardiff, borrowing costs and the tough economic climate. The club made a pre-tax loss of £366,301 in 2010 compared to a profit of £338,324 a year earlier, but predicted a return to profit in 2012.
|
|
Property and construction
|
Morrisons in store for Bargoed
National supermarket chain Morrisons has signed a deal to build a 56,000 sq ft store at a 5.4-acre retail development at Bargoed in the Rhymney Valley.
|
Gryphon acquires site for hotel
Plans for a 100-bedroom four-star hotel at Parc Pensarn have taken a step forward after the Welsh Assembly Government agreed to sell a 7.5-acre site to Gryphon Leisure.
|
TWL makes Capital move
TWL Voice and Data, the telecoms company, has moved to Capital Business Park in Wentloog, east Cardiff, from Barry.
|
|
Government and politics
|
Assembly Govt seeks home for rural business
The Assembly Government is looking to boost the availability of buildings for business in rural areas, particularly in mid and north west Wales.
|
Welsh economy up for debate
Economist Gerry Holtham and Cardiff University professor Kevin Morgan will be the star turns at an Institute of Welsh Affairs conference, Private Sector to the Rescue, on the Welsh economy on 11 March.
|
|
People
|
Davies helps Thomas, Carroll go private
Alison Davies is to join the main board of Thomas, Carroll Group, the insurance broker based in Caerphilly, and will run a newly created company, Thomas, Carroll Private Clients.
|
