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Top story
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Ragan buys to build taxi empire
 Paul Ragan, the Motaquote insurance company founder, has bought Newport-based Dragon Taxis for £1.2m. Ragan, once the star of TV’s Secret Millionaire, acquired Dragon through Radio Cabs (Bridgend), the taxi firm which he took over after leaving Motaquote and Protectagroup.
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Deals
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Coxon and Gater lead Pensord buyout
Two directors have led a management buyout at Pensord, the printer based in Blackwood, South Wales.
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Wood takes charge at health group
Insurance entrepreneur Lyndon Wood is to be chairman and chief executive of Independent General Practice (IGP) and has taken a 15 per cent stake in the private doctor service.
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Holistic buys Dome
Holistic Services has taken a majority stake in Dome Consultants, a social housing specialist in Cwmbran.
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Companies
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Business in good shape, says RBS chief
UK companies are in better shape than they were after the last three or four recessions, Royal Bank of Scotland (RBS) chief executive Stephen Hester said on a visit to Cardiff.
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Smart phones boost IQE sales
IQE, the computer chip technology company, performed better than expected in the first half of 2010 due to the growing popularity of advanced mobile phones and a recovery in the wireless technology market.
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BAYV to recruit 155 staff
Buy As You View (BAYV), the household goods retailer and consumer finance provider, is to take on 155 staff as part of plans to double within five years.
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Property and construction
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Short move for Creative Packaging
Manufacturer Creative Packaging has moved into a new unit on Bridgend's Brynmenyn Industrial Estate.
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Government and politics
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Assembly Government re-thinks research
The Assembly Government hopes to boost Wales’ relatively low research and development income by making make more use of universities and research centres.
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People
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Charity Bank gets top advisers
Charity Bank, the social investment institution, has recruited six business, political and social leaders to its first Welsh advisory board.
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Mesher joins Grant Thornton
Grant Thornton, the advisory firm, has recruited former KPMG forensic leader Geoff Mesher to be partner in its forensic and investigation team in Cardiff.
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Kymin takes on Derwyn Jones
Derwyn Jones, the former Wales rugby international, has joined financial services firm The Kymin Partnership as a non-executive director.
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