Business news in Wales

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Station location is key to landmark hotel

THE first in a new generation of compact lifestyle hotels, which its backers plan to roll out across the UK, is under construction in the centre of Cardiff. Read

Union begins talks over Welsh pizza factory job cuts

A UNION began consultation yesterday over 300 job cuts at two pizza factories, including one in Flintshire. Read

Fast chain reaction to Debenhams’ falling sales rumours

DEBENHAMS dismissed fears over its financial health yesterday as the firm posted its first like-for-like sales rise since Christmas. Read

Airport director plans new projects

CARDIFF International Airport has appointed Steve Hodgetts to a newly created role of business development and commercial director. Read

Thomas Cook stays on course

TOUR operator Thomas Cook yesterday said it was on course to meet expectations after trading for the summer remained strong in “all major markets”. Read

Admiral plans hundreds of jobs for Newport

MOTOR insurance group Admiral is to open its first office in Newport in an investment that will create hundreds of jobs. Read

Recycling firm in talks over £9.1m bank debt

SEMICONDUCTOR recycling venture Pure Wafer said a global downturn in its sector had forced it to seek to renegotiate the terms of its banking covenants. Read

Tesco promises regeneration site store would bring 300 jobs

SUPERMARKET giant Tesco has unveiled plans for a new store in Port Talbot which would, if approved by planners, create 300 jobs. Read

Peters pie-maker looking to expand

THE makers of Peter’s pies have launched a major campaign to raise the profile of its products in England as part of a strategy to grow the branded side of the business. Read

Climate change certificate scheme launched

A CERTIFICATE scheme which aims to show consumers that companies are taking real steps to cut their carbon emissions has been launched. Read

British Gas moves 1,200-staff HQ

IN THE biggest office deal in Wales this year British Gas is to move to a new headquarters building in the centre of Cardiff, the Western Mail can reveal. Read

New director’s excited at public consultancy growth

PUBLIC affairs consultancy Morgan Allen Moore has appointed Jan Soloman to its board of directors. Read

Record low at Debenhams

DEPARTMENT store chain Debenhams saw shares hit a record low yesterday amid fresh City fears over the group’s financial health in a tougher retail climate. Read

New rules on ‘shorting’

THE investors betting on stock market pain for Halifax Bank of Scotland came out of the shadows yesterday as the lender’s £4bn cash-call came under more pressure. Read

Amazon aims for 1,000 jobs

ONLINE retailer Amazon is ramping up recruitment at its new distribution centre in Swansea. Read

Thousands willing to start up despite economic gloom

A TOTAL of 4,300 new businesses were launched in the first quarter (Q1) of this year in Wales, according to new research from Barclays Bank. Read

Royal post for Byron Lewis

BUSINESSMAN Byron Lewis has been appointed Lord Lieutenant of West Glamorgan. Read

Jobs saved at bakery chain Ferrari's

MORE than 200 jobs have been saved at one of Wales’ largest bakery chains. Read

Business Share Tips

EXITING the brewery and pubs business in 2001 may have seemed an odd decision at the time, but Whitbread’s subsequent focus on hotels and restaurants has more than paid off. Read