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Swansea Bay City Region
07:38, 30 SEP 2024
Blast furnace steel making at Port Talbot comes to an end
Enterprise
The last remaining blast furnace will cease operating today with Tata seeking to move to an electric arc furnace operation in a £1.2bn investment
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Cardiff forecast to have the strongest economic growth in the º£½ÇÊÓƵ outside of London
Pricewaterhousecoopers
The latest annual Good Growth for Cities Index from PwC predicts Cardiff and Swansea will see strong GVA growth this year which will continue in 2025
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Public consultation on Tata plans for £1.25bn electric arc furnace at Port Talbot
Swansea Bay City Region
Subject to planning consent work on the arc furnace will start next summer and become operational in late 2027
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Pembrokeshire firm Ledwood Mechanical Engineering creating 40 jobs as it targets £50m revenues
Employment
Ledwood has launch a new recruitment drive
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The ending of heavy steel making at Port Talbot with º£½ÇÊÓƵ Government statement due
Swansea Bay City Region
The move to an electric arc furnace operation at Port Talbot will see 2,800 job losses
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Swansea office rental growth one of the strongest in the º£½ÇÊÓƵ
Commercial Property
Co-Star said it is also one of the only º£½ÇÊÓƵ cities where demand is exceeding space vacated
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Swansea ladder maker Lyte stepping up its sustainability on increased lending facility
Deals
The company has increased its lending facility with Secure Trust Bank Commercial
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Former Debenhams store in Carmarthen being transformed into new health and leisure hub
Swansea Bay City Region
Bouygues º£½ÇÊÓƵ is the lead contract for the Carmarthen Health and Wellbeing Hwb project
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New chief executive of Neath Port Talbot Council revealed
Swansea Bay City Region
Frances O' Brien will take up her role at the end of October
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Seaweed and shellfish ocean farming community firm Câr-y-Môr expands with food venture acquisition
Enterprise
The St Davids company has acquired the Pembrokeshire Beach Food Company
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Early shutdown at Tata Steel's Port Talbot plant amid Unite strike and safety concerns
Swansea Bay City Region
The steel giant had planned to shut down one of the blast furnaces by the end of June and the second one by September - but the strike has brought forward the closure
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Record revenues for the Port of Milford Haven
Swansea Bay City Region
Its diversification strategy helped it post its best financial results in its 65th year
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Project developing low carbon platforms for floating offshore windfarms secures £1m funding boost
Swansea Bay City Region
The collaborative project, being led by Swansea-based Marine Power Systems, has secured backing from Innovate º£½ÇÊÓƵ
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Steelworkers at Port Talbot and Llanwern to start working to rule action
Swansea Bay City Region
Members of the Unite union said workers at Tata's Port Talbot steelworks and downstream Llanwern plant will also enforce a ban on overtime working
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Tramshed Tech on track for new venue at Swansea's historic Palace Theatre
Enterprise
It said its new co-working venue in the theatre, which has been transformed in a £10m investment, should open in September
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Company behind Swansea £37m leisure attraction aiming for 2027 opening
Swansea Bay City Region
New Zealand firm Skyline Enterprise said it could attract 450,000 visits in its first full year.
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The Dragon LNG terminal in West Wales in new ownership deal
Energy
Ancala has agreed to sell its 50% interest to VTTI
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Global Centre of Rail Excellence boosted with tie up with Spanish train maker CAF
Economic Development
The Welsh Government company behind the project said while fundraising for £400m is a challenge it remains positive.
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Steelworkers to strike over Tata plans to close Port Talbot blast furnaces
Employment
Tata will close the blast furnaces in September in a move that will see 2,800 job losses across its º£½ÇÊÓƵ operations
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Fast-expanding Swansea firm Consumer Energy Solutions has created 250 jobs so far this year
Swansea Bay City Region
The firm is looking to continue its strong growth trajectory
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New university role for former Confused.com boss Debra Williams
Economic Development
Dr Debra Williams has taken up a pro vice-chancellor role with the University of Wales Trinity St David.
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Port of Milford Haven secures new £40m funding line to support diversification plans
Swansea Bay City Region
The new lending facility is with HSBC
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Swansea University confirms nearly 200 voluntary redundancies as sector faces tough financial outlook
Economic Development
Swansea University like other Welsh universities are facing a challenging trading environment
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Major jet fuel facility in Port Talbot gets green light in investment creating 150 jobs
Enterprise
The proposal, named 'Project Dragon' and led by US-based firm LanzaTech, will see the creation of a sustainable aviation fuel production facility based in Port Talbot
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