Sion Barry
@sionbarry.bsky.social
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Business editor of the Western Mail and BusinessLive Wales (also content on WoL).
My take on Bristol Airport's legal challenge, which will be heard this week, against Welsh Government £205m subsidy plans for Cardiff Airport....
www.business-live.co.uk/economic-dev...
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Bristol Airport's £205m subsidy legal challenge against rival Cardiff Airport
Welsh Government plans to subsidy the airport over the next decade will be decided by the Competition Appeal Tribunal
https://www.business-live.co.uk/economic-development/bristol-airports-205m-subsidy-legal-33384369
about 1 month ago
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The life sciences firm sold for $10bn in which the Welsh Government once had a 20% stake
www.business-live.co.uk/enterprise/s...
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The firm sold for $10bn in which the Welsh Government once had a 20% stake
If the Welsh Life Sciences Investment Fund had kept its full stake in Verona for the long-term it could have been a huge success story for the Welsh Government
https://www.business-live.co.uk/enterprise/story-life-sciences-firm-sold-33251148
about 2 months ago
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Could this help get a funding deal for the Global Centre of Rail Excellence over the line?
www.business-live.co.uk/economic-dev...
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Major data centre plans for Global Centre of Rail Excellence
It has launched a competition to find an energy and data centre partner that could result in investment of several billion pounds
https://www.business-live.co.uk/economic-development/major-data-centre-plans-global-32579612
6 months ago
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Senedd committee report criticises the performance of city and growth deals in Wales, but CCR and Ambition N Wales hit back at the findings
www.business-live.co.uk/economic-dev...
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Performance of city and growth deals in Wales questioned by Senedd committee
The Cardiff Capital Region and Ambition North Wales have hit back at the findings of the report
https://www.business-live.co.uk/economic-development/performance-city-growth-deals-wales-32489779
6 months ago
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The amount the former owners of Cardiff Rugby should have invested before its collapse & what creditors are owed
www.business-live.co.uk/enterprise/a...
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The amount the former owners of Cardiff Rugby failed to invest
Joint administrators with PwC estimate that over a 100 unsecured creditors are owed collectively £2.4m.
https://www.business-live.co.uk/enterprise/amount-former-owners-cardiff-rugby-31496247
11 months ago
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Plans for 3 major offshore floating windfarms in the Celtic Sea take a major step forward.
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Major step forward for huge floating offshore wind farms in the Celtic Sea
The Crown Estate has drawn up a shortlist of bidders for its leasing round five with three Welsh ports confirmed as partners to assembly and help deploy the projects
https://www.business-live.co.uk/enterprise/major-step-forward-huge-floating-31365047
12 months ago
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Wales' share of annual £60bn in UK exports to the US more than 15%.
12 months ago
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Goods news for Newport and wider S Wales compound semiconductor cluster....
www.linkedin.com/posts/waleso...
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US firm Vishay confirms £250m investment at UK's biggest semiconductor… | BusinessLive Wales
Major investment announcement at the UK's biggest semiconductor plant in Newport https://lnkd.in/esUZjNk4
https://www.linkedin.com/posts/walesonline_us-firm-vishay-confirms-250m-investment-activity-7310959251575762945-1oXi?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAJOx8wBYHlbfMSR5xROJN1dzm-DahSwwtw
12 months ago
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Business intelligence venture Creditsafe creating 300 jobs at new Cardiff HQ
www.business-live.co.uk/enterprise/c...
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Creditsafe to create 300 jobs at its new Cardiff HQ
The business has relocated its HQ from Caerphilly to Cardiff where it has plans a major expansion
https://www.business-live.co.uk/enterprise/creditsafe-create-300-jobs-new-31288360
12 months ago
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Future home nations bid to host the men's soccer World Cup floated by FAW boss
www.business-live.co.uk/economic-dev...
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Joint home nations bid to host men's World Cup floated by Welsh soccer boss
Football Association of Wales chief executive, Noel Mooney, said a home nations bid for a future men's World Cup, after winning Euro 28 and seeking to stage the women's 2035 World Cup, could prove com...
https://www.business-live.co.uk/economic-development/joint-home-nations-bid-host-31211365
about 1 year ago
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New CEO at the DVLA..
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DVLA turns to senior Welsh Government civil servant for its new chief executive
Tim Moss will take up the role at the end of March
https://www.business-live.co.uk/enterprise/dvla-turns-senior-welsh-government-31075635
about 1 year ago
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Cardiff Capital Region facing £10m damages claim over awarding of Aberthaw Power Station demolition contract
www.walesonline.co.uk/news/wales-n...
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Cardiff faces demand for millions after bungling massive demolition contract
Demolition firm Brown and Mason has won a court case in which it claimed that the way the Cardiff capital region handled the award of the £30m contract to demolish Aberthaw Power Station was unlawful
https://www.walesonline.co.uk/news/wales-news/cardiff-capital-region-faces-demand-30946529
about 1 year ago
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Senedd plans for new 120,000 sq ft new HQ building
www.business-live.co.uk/commercial-p...
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Plans for new 120,000 sq ft Senedd headquarters building out to tender
It has invited bidders to submit plans for a new 120,000 sq ft headquarters in Cardiff Bay but could ultimately opt to remain at Ty Hywel.
https://www.business-live.co.uk/commercial-property/plans-new-120000-sq-ft-30931999
about 1 year ago
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Good to catch up with Welsh tech billionaire Sir Terry Matthews...
www.business-live.co.uk/technology/b...
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Billionaire Sir Terry Matthews on catching the next tech wave
The Welsh billionaire said he is not money-orientated and is driven only by creating businesses in which giving equity to staff is important
https://www.business-live.co.uk/technology/billionaire-sir-terry-matthews-catching-30877787
about 1 year ago
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Another case for a fairer funding deal for Wales and the west of England
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Wales and the west of England needs billions in new rail projects says report
A programme of much needed rail enhancement projects for Wales and the west of England has been outlined by the Western Gateway Partnership
https://www.business-live.co.uk/economic-development/wales-west-england-needs-billions-30874751
about 1 year ago
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Raising finance for major projects can be a challenge and 2025 is a crunch year for realising the £400m Global Centre of Rail Excellence project as it confirms it is in talks on a major debt deal
www.business-live.co.uk/economic-dev...
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Global Centre of Rail Excellence project looking to close major financing deal
If funding can be secured the shovel-ready project in the Dulais Valley would see Europe's first integrated testing facility for trains and rail infrastructure
https://www.business-live.co.uk/economic-development/400m-global-centre-rail-excellence-30828765
about 1 year ago
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UK and Welsh governments agree that Wales needs funding to address decades of under investment in rail enhancement projects. But all roads lead to the Treasury and the multi-year spending review next spring
www.walesonline.co.uk/news/wales-n...
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UK and Welsh governments to announce direction of travel to address rail scandal
It builds on discussions between Welsh Transport Secretary Ken Skates his UK Government counterpart Heidi Alexander and Welsh Secretary Jo Stevens
https://www.walesonline.co.uk/news/wales-news/uk-welsh-governments-announce-direction-30755647
about 1 year ago
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Leader of Cardiff Council Huw Thomas says more than two years and still no planning decision on Cardiff Parkway project from the Welsh Government is indefensible and deterring investment into Wales
www.business-live.co.uk/economic-dev...
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Welsh Government planning decision delay on Cardiff Parkway indefensible
Huw Thomas has written to First Minister Eluned Morgan warning that the continued delay could also be deterring investment into Wales
https://www.business-live.co.uk/economic-development/welsh-government-planning-decision-delay-30717826
about 1 year ago
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Proposed phase 2 of Cardiff Crossrail a vital investment for public transport in the capital, but also helping to realise the full potential of the S Wales Metro writes
@swalesmetroprof.bsky.social
www.business-live.co.uk/opinion-anal...
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Next phase of Cardiff Crossrail project key to maximising benefits of the Metro
Professor Mark Barry said the second phase at a relatively modest cost of up to £200m would transform rail services in Cardiff but also benefit the wider South Wales Metro
https://www.business-live.co.uk/opinion-analysis/next-phase-cardiff-crossrail-project-30700838
about 1 year ago
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Biggest office letting deal in Wales since Covid with Lloyds confirming a new hub in the centre of Cardiff for 3,000 staff
www.business-live.co.uk/commercial-p...
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Lloyds Banking Group confirms new hub in South Wales for 3,000 staff
It has agreed a 10-year lease to occupy the entire soon to be completed John Street office scheme in the centre of Cardiff
https://www.business-live.co.uk/commercial-property/lloyds-banking-group-confirms-new-30612466
over 1 year ago
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Smart move from
@transportforwales.bsky.social
to install fibre as part of the South Wales Metro rail electrification project
www.business-live.co.uk/technology/t...
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Transport for Wales launches new high speed internet network
It has installed the network in tandem with electrifying the Core Valley Lines into Cardiff
https://www.business-live.co.uk/technology/transport-wales-launches-new-high-30606904
over 1 year ago
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The ability to weed out under performing Welsh Government civil servants and its 5,000 headcount cap explored by
@waterslee.bsky.social
in his latest Fifth Floor podcast. Efforts to block bus reform an alarming example of why ministers needs more control.
creators.spotify.com/pod/show/lee...
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3 - Dysfunction (The Civil Service - part two) by Y Pumed Llawr - The Fifth Floor
This is the second part of a look at the Welsh Government civil service, and why Ministers are frustrated at the pace of change.Speaking to former civil servants, Special Advisers and Ministers the ep...
https://creators.spotify.com/pod/show/lee-waters2/episodes/3---Dysfunction-The-Civil-Service---part-two-e2sbu4g
over 1 year ago
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Cross-border Western Gateway Partnership facing loss of UK Government core funding
www.business-live.co.uk/economic-dev...
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Cross-party Western Gateway Partnership facing loss of £1m core funding
The lose of funding would undermine the momentum built up by the partnership over the last four years and could even lead to questions over its viability
https://www.business-live.co.uk/economic-development/cross-border-western-gateway-partnership-30573540
over 1 year ago
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Bridgend dart and dartboard manufacturer Nodor targeting global expansion on major private equity investment
www.business-live.co.uk/enterprise/d...
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Dart and dart board manufacturer Nodor Group in major private equity deal
The Bridgend headquartered business has become majority owned by mid-market private equity firm Inflexion
https://www.business-live.co.uk/enterprise/dart-dartboard-manufacturer-nodor-group-30545028
over 1 year ago
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Understand there was interest from Transport for Wales but deal struck that sees new operator for Carmarthen to Paddington route starting in 2027
www.business-live.co.uk/enterprise/p...
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Planned South Wales to London train service has a new operator
Grand Union Trains has sold its open access rights for the new route to FirstGroup
https://www.business-live.co.uk/enterprise/planned-south-wales-london-train-30522116
over 1 year ago
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Welsh Sec
@jostevenslabour.bsky.social
on Wales' place in the new industrial strategy of the UK Gov't, addressing rail underinvestment in Wales and the Cardiff Parkway project
www.business-live.co.uk/economic-dev...
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Welsh Secretary Jo Stevens on the economy, rail investment and Cardiff Parkway
https://www.business-live.co.uk/economic-development/welsh-secretary-jo-stevens-economy-30505762
over 1 year ago
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The third venue in Wales from
@cosyclub.bsky.social
will be in Swansea
www.business-live.co.uk/commercial-p...
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Cosy Club opening its first restaurant in Swansea
It plans to open next year on the ground floor of the historic Exchange Building
https://www.business-live.co.uk/commercial-property/cosy-club-opening-first-restaurant-30501946
over 1 year ago
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Strong H1 investment activity from the Development Bank of Wales
www.business-live.co.uk/professional...
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Development Bank of Wales invested £62m in first half of its financial year
It directly provided nearly £62m of debt and equity to support the growth plans of SMEs which leverage co-investment of £42m,
https://www.business-live.co.uk/professional-services/banking-finance/development-bank-wales-invested-nearly-30498324
over 1 year ago
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Transport for Wales and
@welshgovernment.bsky.social
have developed strong rail enhancement investment business cases (Burns stations etc) aimed at addressing significant UK Gov't underinvest in Wales. So disappointing to see no clear Welsh voice here:
www.gov.uk/government/g...
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Department for Transport Capital Review Panel
An advisory panel which provides independent advice to the Secretary of State for Transport on strategic considerations for the department’s capital portfolio.
https://www.gov.uk/government/groups/department-for-transport-capital-review-panel#:~:text=An%20advisory%20panel%20which%20provides,for%20the%20department's%20capital%20portfolio
over 1 year ago
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Welsh Secretary
@jostevenslabour.bsky.social
reveals new economic advisory group
www.business-live.co.uk/economic-dev...
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Welsh Secretary Jo Stevens reveals new economic advisory group
Chaired by the Welsh Secretary it will meet for the first time in Cardiff next week
https://www.business-live.co.uk/economic-development/welsh-secretary-jo-stevens-reveals-30474530
over 1 year ago
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New global investment summit in Wales announced by
@prifweinidog.bsky.social
www.business-live.co.uk/economic-dev...
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Wales to stage international investment summit
First Minister Eluned Morgan said the event will be staged next year with hopes of it resulting in new investment from around the world into Wales
https://www.business-live.co.uk/economic-development/wales-stage-international-investment-summit-30472670
over 1 year ago
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First phase in plans by US tech firm Vishay Intertechnology, Inc. to invest £1bn and create hundreds of hi-tech jobs at Newport plant in boost to wider S Wales compound semiconductor cluster
www.business-live.co.uk/technology/f...
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First phase investment in Vishay plans to plough £1bn into Newport facility
The US tech firm is investing £51m into its facility with backing from the Welsh Government where it plans to create hundreds of new hi-tech jobs
https://www.business-live.co.uk/technology/first-phase-investment-vishay-plans-30455727
over 1 year ago
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Worrying fall in the number of new apprentices in Wales
www.business-live.co.uk/economic-dev...
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Number of new apprentices in Wales facing a 6,000 dip shows new research
Independent research from Cebr highlights the damaging economic impact from the Welsh Government's funding cut to its flagship apprenticeship programme in the 2024/25 financial year
https://www.business-live.co.uk/economic-development/number-new-apprentices-wales-facing-30452535
over 1 year ago
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Big fall in the number of new apprentices in Wales
chartbeat.com/publishing/d...
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over 1 year ago
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Fascinating and insightful delve into the workings of @WelshGovernment, its spads and the civil service, in the first episode of a new podcast series from former minister
@waterslee.bsky.social
music.amazon.co.uk/podcasts/b0a...
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For the best experience accessing Amazon Music, we recommend using the latest version of Firefox, Chrome, Safari or Edge.
https://music.amazon.co.uk/podcasts/b0a61866-42fd-4559-bb72-6667c3985779/y-pumed-llawr---the-fifth-floor?ref=dm_sh_Jy1Rp9LABKZCU7hcQZuhcifRy
over 1 year ago
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Big deficit spike for Cardiff University and more pain to get to £28m planned deficit by financial year end.
www.business-live.co.uk/economic-dev...
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Cardiff University deficit widens to £65m as it faces major hit from NI hike
The university is looking to reduce the deficit to £28m at the end of its current financial year
https://www.business-live.co.uk/economic-development/cardiff-university-deficit-widens-65m-30433241?utm_source=twitter.com&utm_medium=social&utm_campaign=sharebar
over 1 year ago
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The £130m Investment Fund for Wales on its first year and deal flow outlook
www.business-live.co.uk/professional...
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British Business Bank on the performance of its £130m Investment Fund for Wales
The bank said £10m was deployed in the fund's first year and will now be accelerated with the £40m reserve also being utilised
https://www.business-live.co.uk/professional-services/banking-finance/british-business-bank-performance-130m-30405976
over 1 year ago
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Latest on new S Wales to London train service
www.walesonline.co.uk/news/wales-n...
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New train service to launch from south Wales to London
Grand Union Trains secured approval to run trains from Carmarthen to London in competition to First Great Western back in 2022
https://www.walesonline.co.uk/news/wales-news/new-train-service-launch-south-30411280.amp
over 1 year ago
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The British Business Bank on the first year of its £130m Investment Fund for Wales and the deal outlook
www.business-live.co.uk/professional...
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British Business Bank on the performance of its £130m Investment Fund for Wales
The bank said £10m was deployed in the fund's first year and will now be accelerated with the £40m reserve also being utilised
https://www.business-live.co.uk/professional-services/banking-finance/british-business-bank-performance-130m-30405976
over 1 year ago
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Two of Cardiff's historic arcades are thriving with strong occupancy levels
www.business-live.co.uk/retail-consu...
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The Cardiff Victorian built arcades which are thriving
The Morgan Quarter, which includes the Morgan and Royal arcades, is close to full occupancy with just one unit available to rent
https://www.business-live.co.uk/retail-consumer/cardiff-victorian-built-arcades-thriving-30406937
over 1 year ago
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Welsh Government confirms match funding for Cardiff Crossrail
www.business-live.co.uk/economic-dev...
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Cardiff Crossrail city centre to Cardiff Bay tram link gets funding approved
The go-ahead comes after the Welsh Government confirms its required £50m match funding
https://www.business-live.co.uk/economic-development/cardiff-crossrail-100m-city-centre-30398748
over 1 year ago
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New city centre HQ for the IBO in Wales. Cardiff's pipeline of new grade A office stock looking pretty scarce at the moment with construction costs and a low headline rent v competitor cities like Bristol ( at around £50 per sq compared to Cardiff's £28).
www.business-live.co.uk/commercial-p...
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International Baccalaureate Organisation confirms new Welsh HQ
In one of the biggest office letting deals in Wales this year it is moving to the Fusion Point One office building in the centre of Cardiff
https://www.business-live.co.uk/commercial-property/international-baccalaureate-organisation-confirms-new-30371078
over 1 year ago
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Good to see tangible progress on rail's South Wales Metro project
www.business-live.co.uk/economic-dev...
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First electric powered trains introduced on the South Wales Metro
The Welsh Government said the trains would make 'passengers journeys more comfortable'
https://www.business-live.co.uk/economic-development/first-electric-powered-trains-introduced-30392516
over 1 year ago
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