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<title>icWales - Business - Business News</title>
<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/</link>
<description>Read all about the latest business news in Wales. </description>
<language>en-gb</language>

<item>
<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/12/picture-financial-to-shed-half-its-workforce-91466-20896903/</link>
<title>Picture Financial to shed half its workforce</title>
<pubDate>Mon, 12 May 2008 11:32:00 GMT</pubDate>

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<description>A LOANS company has announced it will be halving its workforce with the loss of 85 jobs as a result of the credit crunch.</description>
</item>

<item>
<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/12/british-gas-rise-in-bill-warning-91466-20896321/</link>
<title>British Gas rise in bill warning</title>
<pubDate>Mon, 12 May 2008 09:57:00 GMT</pubDate>

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<description>BRITISH Gas owner Centrica  today warned that continuing high wholesale gas prices would hit its results this year, adding that customers could be hit by increased bills.

</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/12/hsbc-3bn-credit-crunch-losses-91466-20896053/</link>
<title>HSBC &#163;3bn credit crunch losses</title>
<pubDate>Mon, 12 May 2008 09:07:00 GMT</pubDate>

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<description>BANKING giant HSBC said today that a &quot;resilient&quot; performance had helped lift first-quarter profits despite an extra &#163;3bn in credit crunch losses.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/12/gas-bills-debacle-could-cost-accenture-182m-91466-20894147/</link>
<title>Gas bills debacle could cost Accenture &#163;182m</title>
<pubDate>Sun, 11 May 2008 23:00:00 GMT</pubDate>

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<description>BRITISH GAS yesterday confirmed that it is to sue the firm that designed its household billing IT system that it claims was behind a costly customer service debacle.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/12/jehu-sets-up-division-to-serve-west-wales-91466-20894146/</link>
<title>Jehu sets up division to serve West Wales</title>
<pubDate>Sun, 11 May 2008 23:00:00 GMT</pubDate>

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<description>ONE of Wales&#8217; longest-established construction and civil engineering companies, Jehu Project Services, has created an operating company to serve Pembrokeshire and the wider region.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/12/cost-rises-at-20-year-high-91466-20894148/</link>
<title>Cost rises at 20-year high</title>
<pubDate>Sun, 11 May 2008 23:00:00 GMT</pubDate>

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<description>MANUFACTURING firms have sharply increased the prices of their goods in a bid to tackle the strongest cost pressures for 20 years, claims a survey today.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/12/stunning-full-year-figures-to-belie-ba-s-torrid-story-91466-20894041/</link>
<title>Stunning full-year figures to belie BA&#8217;s torrid story</title>
<pubDate>Sun, 11 May 2008 23:00:00 GMT</pubDate>

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<description>ANNUAL results from supermarket giant Sainsbury&#8217;s and British Airways are the highlights of a busy week for corporate news.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/10/regional-growth-gap-set-to-narrow-91466-20888760/</link>
<title>Regional growth gap set to narrow</title>
<pubDate>Fri, 09 May 2008 23:00:00 GMT</pubDate>

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<description>THE worldwide credit crunch will significantly dampen UK growth prospects and narrow the regional economic divide, according to latest research from global information services company Experian.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/10/baa-turns-to-shareholders-amid-doubts-over-bonds-91466-20888761/</link>
<title>BAA turns to shareholders amid doubts over bonds</title>
<pubDate>Fri, 09 May 2008 23:00:00 GMT</pubDate>

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<description>AIRPORTS operator BAA yesterday said it was raising &#163;400m from shareholders amid concerns over its plans to refinance &#163;10bn in debts.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/10/tinopolis-to-be-taken-private-in-44-7m-deal-91466-20888764/</link>
<title>Tinopolis to be taken private in &#163;44.7m deal</title>
<pubDate>Fri, 09 May 2008 23:00:00 GMT</pubDate>

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<description>ONE of the UK&#8217;s biggest independent television production companies, Llanelli-based Tinopolis, is to be taken private in a &#163;44.7m deal.</description>
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<item>
<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/10/business-in-wales-finalists-marketing-91466-20888771/</link>
<title>Business in Wales finalists: Marketing</title>
<pubDate>Fri, 09 May 2008 23:00:00 GMT</pubDate>

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<description>THE finalists in the Excellence in Marketing category in the Western Mail Business Awards for Wales can be revealed today.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/10/cider-giant-hoping-for-sparkling-british-summer-91466-20888772/</link>
<title>Cider giant hoping for sparkling British summer</title>
<pubDate>Fri, 09 May 2008 23:00:00 GMT</pubDate>

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<description>MAGNERS maker C&amp;C yesterday pinned its hopes on a good British summer to help revive its UK cider sales after a torrid previous year saw earnings plummet by 37%.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/10/one-stop-shop-for-engineering-design-and-development-91466-20888774/</link>
<title>One-stop shop for engineering design and development</title>
<pubDate>Fri, 09 May 2008 23:00:00 GMT</pubDate>

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<description>ENGINEERING product development and testing facilities are being created at the business incubator facility in Llanelli.</description>
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<item>
<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/09/tinopolis-in-44m-acquisition-deal-91466-20885625/</link>
<title>Tinopolis in &#163;44m acquisition deal</title>
<pubDate>Fri, 09 May 2008 08:20:00 GMT</pubDate>

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<description>A &#163;44.7m private equity consortium takeover of  Llanelli-based media group Tinopolis has been announced this morning.
</description>
</item>

<item>
<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/09/funding-for-top-tv-producers-to-work-in-wales-91466-20883390/</link>
<title>Funding for top TV producers to work in Wales</title>
<pubDate>Thu, 08 May 2008 23:00:00 GMT</pubDate>

<guid isPermaLink="true">http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/09/funding-for-top-tv-producers-to-work-in-wales-91466-20883390/</guid>
<description>AN initiative aimed at bringing some of the UK&#8217;s leading television producers to Wales has been launched.</description>
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<item>
<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/09/building-firm-heads-west-to-find-land-of-opportunities-91466-20883391/</link>
<title>Building firm heads west to find land of opportunities</title>
<pubDate>Thu, 08 May 2008 23:00:00 GMT</pubDate>

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<description>ONE of Wales&#8217; oldest construction and civil engineering companies Jehu Project Services has created an operating company dedicated to serving Pembrokeshire and the wider region.</description>
</item>

<item>
<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/09/customers-stay-switched-on-to-virgin-media-91466-20883393/</link>
<title>Customers stay switched on to Virgin Media</title>
<pubDate>Thu, 08 May 2008 23:00:00 GMT</pubDate>

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<description>VIRGIN Media yesterday said it was on course for a return to revenue growth after stemming a customer exodus following last year&#8217;s spat with rival BSkyB.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/09/next-benefits-as-summer-arrives-on-the-high-street-91466-20883394/</link>
<title>Next benefits as summer arrives on the high street</title>
<pubDate>Thu, 08 May 2008 23:00:00 GMT</pubDate>

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<description>FASHION chain Next yesterday said the warmer weather had boosted trading as it looks to recover from a difficult start to the year.</description>
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<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/09/high-price-of-coal-is-a-boost-for-energybuild-91466-20883396/</link>
<title>High price of coal is a boost for Energybuild</title>
<pubDate>Thu, 08 May 2008 23:00:00 GMT</pubDate>

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<description>COAL producer Energybuild says it is on target to exceed market expectations for its first full year of trading on the stock exchange.</description>
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<item>
<link>http://icwales.icnetwork.co.uk/business-in-wales/business-news/2008/05/09/ing-to-lease-unused-space-at-cardiff-office-91466-20883437/</link>
<title>ING to lease unused space at Cardiff office</title>
<pubDate>Thu, 08 May 2008 23:00:00 GMT</pubDate>

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<description>DUTCH financial services group ING Direct has put half its office space in Cardiff on the market.</description>
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