News > Financial

05th February 2019

Future funding of social care a priority for government – Vaughan Gething

Health and Social Services Minister Vaughan Gething will today outline the ambitious programme of work to explore a social care levy for Wales. He will take over the work of chairing the inter-Ministerial group on paying for social care, which was set up last year to investigate the future funding options and social care models…

05th February 2019

£7m to improve the mental health of children and young people in Wales

An additional £7.1m will help to protect, improve and support the mental health of children and young people in Wales, Health Minister Vaughan Gething will announce today. The new investment will support the implementation of the Welsh Government’s response to the recommendations made by the National Assembly’s Children, Young People and Education Committee in its…

28th January 2019

CADR instrumental in securing £4.5m of UK funding for Bangor University to carry out new dementia research

Innovative ageing and dementia research at Bangor University will soon be underway, with a team from the Bangor Institute of Health and Medical Research in the School of Health Sciences being the only university in Wales to be awarded funding as part of the ESRC-NIHR Dementia Research Initiative 2018. Support from Health and Care Research Wales’ funded Centre for Aging…

23rd January 2019

£765,000 Grant for Swansea University-based Biotech Firm

Bionema Ltd, a leading biotech Swansea University-based company, has received a grant award from Innovate UK to further develop technology that could help combat pests which cost the worldwide economy billions every year. The £765,000 grant was awarded under Innovate UK’s Open Competition and will fund part of a collaborative project with the University of…

07th January 2019

Grant awarded for anti-biofilm interventions

Neem Biotech, a company focused on developing novel solutions to address antimicrobial resistance, together with the Welsh Wound Innovation Centre and Sheffield Collaboratorium for Antimicrobial Resistance and Biofilms (SCARAB), has been awarded a £50,000 inaugural National Biofilms Innovation Centre (NBIC) Proof of Concept grant. This inaugural grant has been awarded to expand the development and…

12th December 2018

Expert Advice: Keep up to date with payroll changes

Employers need to keep up to date with changes affecting payroll so that all employees have the right amount of tax deducted under PAYE. Here, we highlight some top tips on keeping ahead of the game: 1.    Tax codes are now more refined. Under the new dynamic coding system, HMRC issues an updated tax code…

28th November 2018

£200,000 For New Manufacturing Business in Llanelli

The Development Bank of Wales has confirmed a £200,000 investment in Dafen based DRL Partitions Limited (DRL), a new manufacturing business specialising in movable wall systems. Established by Managing Director Dennis Lewis, DRL manufactures sliding folding walls, expanding walls, operable walls and glass partitions for the education, health, leisure, community and commercial markets. Opportunities in…

20th November 2018

Swansea University to Co-Host Inaugural Biopesticide Summit

Swansea University and Swansea University-based company Bionema Ltd are to host the inaugural Biopesticide Summit next year to address the pressing need to develop alternatives to chemical pesticides. The recent banning of chemical pesticides by the European Union (EU) and Environmental Protection Agency (EPA) suggests that there are significant risks to food security, human health…

19th November 2018

Do Investors Feel SAD During Winter?

Investors have long debated the effect that the shorter days and cold weather have on markets. Now, analysis from Brewin Dolphin – one of the UK’s leading wealth managers – has suggested that it tends to be a positive time for share indices.
15th November 2018

Development Bank of Wales Announce £3m Investment in Motokiki

Maven Capital Partners (“Maven”) and the Development Bank of Wales have confirmed a £3 million equity investment in Motokiki, Britain’s first truly independent vehicle tyre comparison website.