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Top story
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Trio leave Broomfield to set up rival firm
A trio of senior business advisers have broken away from Broomfield & Alexander, the Cardiff accountancy firm, to create a rival operation. Steve Bickerton, Mark Hislop and Rob Davies have set up Advantage Accountancy and Advisory as an audit, tax and corporate finance firm in the capital.

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Deals
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Acquisitions are on the up, says Grant Thornton
More than a third of privately held businesses (PHBs) are planning to grow via acquisitions, according to Grant Thornton's latest international business report.

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Companies
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Leaner times for Morris McLellan
Bridgend engineering business Morris McLellan reported a 37 per cent drop in pre-tax profit to £388,533 for the year ended 30 June 2010, and predicted this year would be tough too.

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Performance dips at Pump Supplies
Turnover and pre-tax profit dropped at Port Talbot-headquartered Pump Supplies in the year ended April 2010 as the pump hire business was hit by the economic downturn.

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Welsh hotels felt the cold in December
The heavy snow experienced across Wales in December affected hotel occupancy levels across the country, according to monthly figures by PKF Hotel Consultancy Services.

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Job opportunities rise in Wales
Job opportunities across Wales rose considerably in January with some industry sectors recruiting their highest number in more than a year, according to Cardiff-based Yolk Recruitment.

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Property and construction
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Carillion wins £10m A487 contract
Carillion has been awarded a £10m contract by the Welsh Assembly Government to improve the A487 between Aberystwyth and Machynlleth.

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Government and politics
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Caerphilly business group backs yes vote
Caerphilly Business Forum has backed a “yes” vote in the 3 March referendum on allowing the Welsh Assembly to make laws without approval from Westminster.

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Green energy scheme for West Wales and Valleys
Seren, an £8.3m green energy project, has launched at Cardiff University. The project aims to help businesses in West Wales and the Valleys lead the way in developing new technologies and products, creating up to 150 jobs in the low carbon economy.

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People
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New boss checks in at Park Plaza
Cardiff’s Park Plaza hotel has recruited Margaret Waters from the Swansea Marriott hotel to be its general manager, replacing Hugh Hilary.

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