Latest News

  • The Prince of Wales helped build one of the first new generation Ford EcoBoost 1.6 petrol engines when he visited the Ford Bridgend plant to mark its 30th Birthday at the end of June 2010.
  • The European Investment Bank has signed off a £450m commercial loan to Ford, which anchors the car giant’s £1.5bn investment in a new generation of low carbon vehicles.
  • A £40M project to equip businesses across Wales with the most advanced technology available is being launched today. High Performance Computing (HPC) Wales, a five-year project, will invest in the most modern computing technology, infrastructure and facilities on a pan-Wales basis.
  • Airbus is looking both East and West as its seeks to drum up orders for both its commercial jets and its military aircraft. Russian flag carrier Aeroflot is buying 11 Airbus A330-300 long-haul planes in a deal worth billions of roubles.
  • An Aerospace component maker with a factory in north east Wales has won a deal with Airbus expected to generate revenues of more than £40m over the next 10 years. Magellan Aerospace (UK) said it has secured more work on Airbus' new extra wide bodied A350 airliner.
  • On Monday 5th July the Welsh Assembly Government announced plans to transform the way it supports businesses and the Welsh economy. ‘Economic Renewal: a new direction’ is a vision to make Wales “one of the best places in the world to live, to work and to thrive”.
  • A deal for a new British light tank has been signed, safeguarding hundreds of jobs in south Wales, and creating 200 new posts over the next few years. The new Scout vehicles will be equipped at General Dynamics sites at Oakdale and Newbridge, Caerphilly.
  • Randy – the rubber rescue horse - a life-sized, fully articulated model used in animal rescue training exercises is proving to be a galloping success for it creators.
  • An ‘intelligent’ mattress cover that prevents patients developing pressure ulcers or bed sores - which currently costs the NHS more than £1billion a year - was launched in Wales today.
  • Pure Options, a new and innovative insurance intermediary has set up its business in Cardiff where it plans to create 185 jobs.

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