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Wales
Insider News
Wednesday 26 January 2022

LATEST NEWS

 

TOP STORY

An independent Welsh supermarket group has increased profits after pushing turnover past £60m and said it had adapted well to the impact of the Covid-19 pandemic.
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INSIDER FEATURE

Lee Bradley, tax director at Bevan Buckland LLP, is urging self-employed people to stay on track to file their self-assessment tax return before 31st January 2022, even though HMRC has scrapped penalties for those who file late. There is still an added consideration for those who have received Covid-19 grants too – to make sure these are declared accurately.
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DEALS

Dealmakers from Deloitte's South and Wales M&A team completed a record number of transactions in 2021, advising and supporting on 17 deals with a collective value of just under £2bn.
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Element Materials Technology Group, a global business specialising in testing, inspection, and certification services with bases across the UK, has been acquired in a multibillion-pound deal by Temasek from Bridgepoint.
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A consortium led by private equity group KKR has agreed to acquire the owner of iconic Nottingham bike maker Raleigh for €1.56bn.
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The Competition and Markets Authority (CMA) has served an initial enforcement order in relation to the agreed all-share combination of National Express and Stagecoach. The deal is expected to create a group with a fleet of about 40,000 vehicles and a workforce of approximately 70,000 people.
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INSIDER FEATURE

Rhian Owen, partner for Grant Thornton UK LLP based in Cardiff, explores the important role of 'human' skills in growing a business during the fourth industrial revolution.
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PROPERTY

Tail lift manufacturer Dhollandia has chosen Wrexham Industrial Estate as the site of its new UK assembly plant.
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Inland surfing company The Wave has signed an exclusive partnership agreement with a wave-making technology provider to bring forward at least six more developments across the UK and Ireland.
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BUSINESS

Comments from the UK Government’s levelling up secretary Michael Gove that there had been "fruitful negotiations" about a possible Freeport in Wales have been welcomed by Ynys Môn MP Virginia Crosbie.
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More than 80,000 additional homes and businesses in Wales are set to benefit from a major broadband boost following a £25m investment by digital network provider Openreach.
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Broadband company Ogi has entered a new three-year partnership with Cardiff Rugby.
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Travelodge has launched its 2022 recruitment drive and is looking to fill 600 positions across its 582 UK hotels and headquarters.
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MANUFACTURING

Atherton Bikes, the brand established by a family of world-champion mountain bikers, has launched direct to consumer sales through a new website.
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IG Design Group is taking urgent action to address its financial performance after being hit by major supply chain and cost challenges. The listed gift packaging and greeting cards maker expects its full-year earnings to be "significantly below" current market expectations.
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OTHER NEWS

 

MEMBER NEWS

 

 A North Wales architectural practice has launched a new feasibility service for professional property investors and developers.
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

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