News

• Economy Minister reveals Welsh Government in active dialogue with several tech companies who have expressed an interest in investing in Wales.
• Minister says companies may go elsewhere without assurances about UK Government support for the sector.
• Minister writes to Science & Technology Secretary calling for the UK Government to publish long-awaited Semiconductor Strategy without further delay and to confirm investment in Wales.

• Four priorities in a new Cyber Action Plan for Wales: Growing the cyber sector, building a talent pipeline, boosting resilience, and protecting public services.
• The plan brings together government, industry, academia, and law enforcement.
• The plan takes forward the Digital Strategy for Wales designed to create more user-friendly services in a stronger digital economy.

• The refreshed Manufacturing Plan for Wales is designed to ensure the sector is well placed to embrace and benefit from the technological change brought about by the fourth industrial revolution.
• The plan will help ensure Wales remains a leading manufacturing nation with a more prosperous, equal and greener economy.
• Wales’ manufacturing sector is facing a ‘perfect storm’ caused by global economic shocks, labour shortages, energy price rises and supply chain difficulties.

• UK’s innovation agency, Innovate UK and Welsh Government commit to a joint plan to help grow the Welsh economy.
• Memorandum of Understanding signed between the Welsh Minister for the Economy and the CEO of Innovate UK, representing the first MoU agreed with a devolved government.
• The plan will see Innovate UK and Welsh Government work together to create opportunities for innovators and entrepreneurs across Wales.

WWE’s “Clash at the Castle” event in Cardiff in 2022 delivered a massive 10:1 return on investment by channelling £21.8m back into the Welsh economy, a new report shows.

The Welsh Government is a full partner in the ambitious UK and Ireland bid to host UEFA EURO 2028, the First Minister of Wales has confirmed.

The Welsh Government is supporting Aberystwyth-based LEB Construction Limited to expand its operations at the town’s Glanyrafon Industrial Estate with a £537,000 investment which will help the company grow, Economy Minister, Vaughan Gething has announced today.

The Welsh Government is making £206,000 of additional funding available to help former 2 Sisters factory staff on Anglesey find new jobs, Economy Minister, Vaughan Gething has confirmed.

The Welsh Government has announced the sale of a 30-acre site on Baglan Industrial Estate to Glass Systems Limited, which will safeguard 500 jobs plus also create 100 new jobs.

The UK Government must do more to support businesses in Wales facing ever-increasing energy costs, Economy Minister Vaughan Gething has said.

Monmouthshire-based Creo Medical Limited is expanding and creating 85 well-paid jobs over 3 years, thanks to a £708,000 investment from the Welsh Government, Economy Minister Vaughan Gething has announced.

• Economy Minister confirms Welsh Government support for expansion of Newport’s compound semiconductor cluster is making progress.
• Minister met leaders from leading semiconductor equipment company KLA during trade visit to California to reiterate Welsh Government support.
• Welsh Government calls on UK Government to ’get on the pitch’ with a fully funded semiconductor strategy that matches ambition of global competitors.