News
Review Calls for Business Skills Guarantee to Tackle Youth Unemployment
15+ hour, 8+ min ago (317+ words) The Maple Review " an independent Government-backed Review " is calling for the introduction of a National Public-Private Partnership-backed Business Skills Guarantee for secondary schools and the creation of a National Micro-Capital System for asset-poor founders. The report concluded that existing support…...
Private Sector Anticipates Broad-Based Summer Weakness
3+ day, 13+ hour ago (296+ words) Firms across the private sector expect activity to fall in the three months to August (weighted balance of -24%), according to the CBI's latest Growth Indicator. Companies' expectations are broadly unchanged from April, when the report was last published, and extend…...
Recruiting Local Talent is Key to Resilient Economy, Says Accountancy Firm
3+ day, 13+ hour ago (229+ words) A rural accountancy firm with offices throughout South and West Wales says hiring locally is key to nurturing talent and to building a resilient economy." Mia Harries, from Gorslas, recently started with the Ammanford team of Ashmole & Co as a…...
Grocery Inflation Eases as Early May Grey Skies Dampen Sales of Summer Essentials
1+ week, 16+ hour ago (496+ words) Take-home sales growth at the grocers increased by 1. 5% in the four weeks to 17 May 2026, according to the latest data from Worldpanel by Numerator. Inflationary pressures at the supermarket tills eased for shoppers, with like-for-like grocery prices rising by 3. 1%, the slowest…...
What Rising Gilt Yields Mean for The Welsh Economy
1+ week, 14+ hour ago (723+ words) Dr Edward Thomas Jones Senior Lecturer in Economics The Albert Gubay Business School, Bangor University Over recent weeks, the UK economy has produced a series of mixed signals. Economic growth figures for the first quarter of 2026 surprised on the upside....
'Struggling High Streets Need Urgent Welsh Government Attention"
3+ week, 2+ day ago (238+ words) The new Welsh Government must act quickly to support struggling high streets, the Welsh Retail Consortium says." According to WRC-Sensormatic data,"Wales footfall decreased by 13. 8% in April (Yo Y), down from 1. 6% in March. Shopping centre footfall footfall decreased by 12. 1% in April…...
Welsh Business "Critical" Financial Distress Deepens Faster than UK Average
1+ mon, 4+ day ago (290+ words) The number of Welsh businesses in "critical" financial distress increased year-on-year by more than half (+50. 4%) to 1, 847 in the first quarter of 2026 compared to the same period last year. According to research from financial and real estate advisory group BTG, which…...
Why Efficiency Is No Longer Enough: The Case for Adaptive Productivity in Wales
1+ mon, 1+ week ago (780+ words) Menzies is a proudly independent UK business advisory and accountancy practice with national coverage and international connections. As a full-service firm with strong sector specialisms, we have a proven track record supporting businesses, not-for-profit and individuals to successfully reach their…...
Crucial Window" For Action as Inflation Rises, Food and Hospitality Sectors Warn
1+ mon, 1+ week ago (598+ words) The hospitality and food and drink industries are calling for action to mitigate the impact of rising inflation as March's figure hit 3. 3%. The Consumer Prices Index rose by 3. 3% in the 12 months to March 2026, up from 3% in the 12 months to February....
Monmouthshire Building Society Launches New Charity Savings Account
1+ mon, 3+ week ago (425+ words) Monmouthshire Building Society has launched a new savings account that will not only pay interest to its customers, but also to its charitable partner. The Support and Save Account will pay interest of 2. 25% AER/Gross a year " with its customers…...