News

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.

Economy Minister, Vaughan Gething was in Port Talbot today to congratulate the Celtic Freeport consortium on their successful bid to be Wales’ first freeport, which is set to deliver tens of thousands of new, high-quality jobs in south west Wales.

• Two new freeports set to be established in Wales - Celtic Freeport covering Milford Haven and Port Talbot, and Anglesey Freeport in North Wales.
• Both freeports aim to attract £4.9bn in public and private investments, with the potential to create around 20,000 jobs by 2030.
• Freeports designed to enhance Welsh Government investment and policies for stronger, fairer, greener local economies.

New funding to help maintain and strengthen Wales’ business, economic and research ties with European regions following the UK’s exit from the EU has been announced today by the Welsh Government.

Supporting North Wales businesses to build on their capabilities is key to success in international markets, North Wales Minister Lesley Griffiths has said.