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Sion Barry

Media Wales Business Editor

Media Wales business editor Sion Barry reports on all aspects of the Welsh economy from FTSE 100 Admiral to start-up businesses. He is a regions and nations category winner at the Harold Wincott Awards for business, economic and financial journalism.

Welsh Government says it cannot reduce high interest rate on WRU loan
Wales
It said it could face a legal challenge on subsidy support if if reduced the agreed rate
Youth organisation Urdd Gobaith Cymru appoints new chair
Wales
It has also appointed two new young trustees to its board of trustees
The latest appointments in Welsh business
Enterprise
Firms featured include AltraLaw, Blake Morgan, The Vale Resort, Chetwood Financial and FUW Insurance Services
Corporate advisory firm GS Verde in seven-figure fundraise to support its expansion
Banking & Finance
The Carrdiff headquarted firm has been admitted to secondary markets platform JP Jenkins
Chief executive of Welsh council is standing down
Swansea Bay City Region
Karen Jones will stand down from her role with Neath Port Talbot Council later this year
Crouch Waterfall and Partners acquired by French venture Vulcain Ingénierie
Deals
Cardiff-based corporate advisory firm Lexington acted on the sale of the civil, structural and geotechnical engineering consultancy
Welsh business remains optimistic but hesitant on investment
Wales
Chambers Wales South East, South West and Mid has released its latest quarterly economic survey
South Wales security and fire business acquired by sector leader
Deals
The growing business wil continue to trade under its own name following its acquisition
Swansea Bay Metro project will not happen unless rail is devolved says its architect
Swansea Bay City Region
Prof Mark Barry said the Swansea Bay Metro scheme has a strong business and investment case, but fears the UK Government will not fund it
Retail footfall in Wales saw big fall in key month of December
Retail & Consumer
Like all parts of the UK footfall in Wales was down in December year-on-year
Two-fifths of people setting up in business are children of entrepreneurs
Startups
New research by the UK StartUp Awards and Starling Bank also shows that founders have to use their own or parents' savings.
North Wales holiday expanding in multi-million-pound investment
Enterprise
The expansion of Pennant Holiday Park will see 55 new lodges
Two-thirds of Welsh firms expecting to become more profitable in 2024
Lloyds
A majority of Welsh firms also expect to grow revenues shows the research from Lloyds Bank
The Discovery pub in Cardiff under new ownership
Enterprise
It has been acquired by expanding pub chain Croeso Pubs
Civils venture Andrew Scott post strong financials and outlook for 2024
Manufacturing
The company has a strong order book and is upbeat for 2024 and beyond
Valleys supported living provider PoC acquired
Deals
The Ystrad Mynach-based firm has been acquired by Mysa Care.
British Business Bank taking its Start Up Loans programme in Wales in-house
Wales
The move will see Business in Focus which has overseen the programme for the last decade continuing to provide support in an affiliate role
New electric bus investment for Gwynedd
Transport
They will come into operation in February Transport for Wales and Gwynedd Council have confirmed
Reopening date for Treherbert Line as part of £1bn South Wales Metro project
Economic Development
New tram-trains on the route are expected to enter service next summer
Big fall in number of green advertised jobs in Wales
Climate Agenda
The state of recruitment in the green sector has been revealed in new research from Pwc
DVLA appoints David Jones as its new chair
Appointments
He will take up his non-executive role at the Swansea-based agency at the end of January
The story of the Welsh Government the Treasury 's £155m budget clawback and what happened in Scotland
Welsh Government
But what did the Treasury clawback from the Scottish Government?
Welsh Government abandons new apprentice manifesto target pledge in tough draft budget
Welsh Government
The Welsh Government had initially promised to support 125,000 new apprentice starts in this Senedd term.
Home Builders Federation appoint new EDI ambassador for Wales
Enterprise
Sean Taylor is a planning manager for housebuilder Dandara