Welsh Households will be part of the Millions of UK Households benefiting from reduced Energy Bills, this April 🏴 💷 💡
Welsh tearoom gives diners lifetime bans for negative reviews on TripAdvisor – Wales Online
— Read on www.google.co.uk/amp/s/www.walesonline.co.uk/whats-on/food-drink-news/welsh-tearoom-gives-diners-lifetime-17679153.amp
According to the latest NatWest Wales PMI® data, private sector firms indicated a renewed fall in output during December.
The decrease in activity was linked to a further drop in client demand, with firms reducing their workforce numbers for the sixth month running. Nonetheless, the outlook for output over the coming year improved, as optimism improved to the strongest since July.
On the price front, the rate of output charge inflation softened to a marginal pace, despite a marked rise in cost burdens.
The headline Wales Business Activity Index – a seasonally adjusted index that measures the combined output of the manufacturing and service sectors – registered 49.3 in December, down from 50.8 in November, to signal a marginal decline in business activity across the Welsh private sector. The rate of contraction was in line with that seen across the UK as a whole. Local firms linked the fall to a further downturn in new order inflows.
December data indicated a fifth successive decrease in new business across the Welsh private sector. The rate of decline softened, however, and was only fractional overall. Companies stated that there were signs of domestic demand starting to pick-up.
That said, the trend in Wales contrasted with that seen at the UK level, where a fractional expansion was recorded.
Backlogs of work continued to decline at the end of 2019, with the rate of depletion remaining solid, despite easing to the weakest in three months. Panellists suggested that spare capacity was due to a sustained drop in client demand.
In contrast with the trend seen across the UK as a whole, Welsh private sector firms registered a further fall in workforce numbers at the end of the year. Lower staffing levels were reportedly due to the non-replacement of voluntary leavers.
Input costs continued to increase in December, with inflation quickening to a marked pace that was the fastest since June. The rate of increase was the joint-sharpest of the 12 monitored UK areas, with many local firms linking this to higher supplier prices.
Despite the faster rise in costs, the rate of increase in selling prices moderated and was among the slowest in four years. Service providers registered a slower rise in charges than manufacturers.
Finally, output expectations for the coming year improved in December, with the degree of optimism reaching the highest since July. That said, Welsh companies were among the least optimistic of the 12 monitored UK areas.
— Read on businessnewswales.com/renewed-fall-in-welsh-business-activity-in-december/
A 5G research centre, which will make Wales a global leader in the technology and change how the internet works, will be officially launched at M-SParc, Bangor University’s Science Park.
The Digital Signal Processing (DSP) Centre is run by professors and researchers from Bangor University, who are working on speeding up broadband, and are playing a vital role in enabling true 5G. With partners including Huawei and BT, this is global work which could be world-changing.
The centre will provide highly specialised research into digital communications systems like mobile phones, WiFi hubs and modern manufacturing lines.
— Read on businessnewswales.com/new-5g-research-centre-launches-in-north-wales/
A Chief Executive who helped build Penderyn whisky into one of Wales’ leading brands is to talk about work, whisky – and the company’s plans for North Wales –in a university lecture this month.
Stephen Davies, CEO of Penderyn, will be giving the lecture at Wrexham Glyndwr University’s Nick Whitehead Theatre on January 28.
During the talk, he will discuss how the Penderyn brand was built, how the company’s original distillery site, in the Brecon Beacons, proved a major tourism draw – and how they expect their new North Wales distillery, set to open in Llandudno in 2021 after a £5 million investment, to welcome even more visitors.
— Read on businessnewswales.com/penderyn-ceo-to-talk-about-the-firms-plans-for-north-wales/
Administrators at The Book People have made more than 150 workers redundant.
The Book People went into administration a week before Christmas sparking fears over hundreds of jobs.
— Read on www.business-live.co.uk/economic-development/book-people-makes-more-150-17547775
Wales is home to a great range of activities, restaurants, history and landmarks. Discover the huge range of things to do in the UK, with Visit Wales.
— Read more on www.visitwales.com/things-do