News > Financial

30th March 2021

Two business relocate with Development Bank and Council Backing

Two businesses have relocated to new premises at Parc Pensarn after securing backing from the Development Bank of Wales and Carmarthenshire Council. Old Oak Dental Practice received a £1.2m loan from the Development Bank to purchase and fit-out a purpose built six-chair dental practice. Dr Adam Llewellyn owns and manages three surgeries in Llandeilo, Llandovery…

25th March 2021

ESRC and Health Foundation set up new £15m centre to use evidence to improve adult social care in Wales and rest of UK

A brand new national centre for adult social care will set out to put evidence from across the UK into practice to promote and maintain people’s independence and wellbeing. The Economic and Social Research Council (ESRC), part of UK Research and Innovation (UKRI), and the charity, the Health Foundation, have joined forces to support the…

24th March 2021

£40M Infrastructure Investment For Rutherford Health

Rutherford Health, a healthcare group focused on the provision of cancer care, has agreed an infrastructure investment with Equitix Investment Management for £40m. The investment is backed by the freehold transfer of the Rutherford Cancer Centre South Wales, and supported by other security to be put in place over the group’s other centres. The agreement is for a term…

23rd March 2021

Covid NHS recovery plan announced for ‘exhausted’ staff

A £100m recovery plan to help the NHS recover from the pandemic has been announced by the Welsh government.
12th March 2021

Development Bank Helps Natural Plant Fibre Grow Online Presence

A business which specialises in plant-based alternatives to household plastic use has used a micro-loan from the Development Bank of Wales to help grow its online presence. ShearWater Eco is the brainchild of entrepreneur Paaristha ‘Paris’ Oomadath who has more than 30 years’ experience in plant fibre manufacture and design. The entrepreneur launched her e-commerce…

02nd March 2021

Healthcare Manufacturer Expanding Premises with New Funding

A Welsh healthcare manufacturer has secured a seven-figure funding package from HSBC UK to develop an extension of its premises, supporting ambitious growth plans in both the UK and International markets. CellPath, based in Newtown, Mid-Wales, is a manufacturer and supplier of consumables, equipment and services to the global cellular pathology sector. The family-run business…

26th February 2021

£270m New Funding for the Development Bank

The Welsh Government today sets out how it will work to reconstruct and rebuild Wales’ economy so it is more prosperous, equal and green than ever before. This includes making available an additional £270m to support businesses through the Development Bank of Wales. Operating alongside other Development Bank support, this represents a major investment in…

26th February 2021

Funding to Support Growth At Healthcare Manufacturer

Paul Webber A Welsh healthcare manufacturer has secured a seven-figure funding package to develop an extension of its premises and support its growth plans in both the UK and International markets. CellPath, based in Newtown, is a manufacturer and supplier of consumables, equipment and services to the global cellular pathology sector. The family-run business has…

23rd February 2021

£270m New Funding for the Development Bank

The Welsh Government today sets out how it will work to reconstruct and rebuild Wales’ economy so it is more prosperous, equal and green than ever before.
17th February 2021

ARCH Innovation Forum opening in 2021

The ARCH Innovation Forum will again open its virtual doors in early 2021 and offers a platform for presenters to engage with a multi-disciplinary panel of experts from academia, NHS, and industry.