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Welsh business confidence highest since 2014

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BUSINESS confidence in Wales has grown to its highest level since 2014, a new report from chartered accountancy body ICAEW has found.

The Business Confidence Monitor(BCM) report for Wales found that confidence had climbed to its highest level since the third quarter of 2014.

This was likely due to the successful rollout of coronavirus vaccines, which led Welsh businesses to expect a strong economic recovery with hopes of large increases in domestic sales following falls over the past year.

Businesses reported that domestic sales had fallen slightly, while exports suffered the biggest fall seen since the BCM began in 2004, as global demand fell sharply during the coronavirus crisis and lockdowns reduced companies’ ability to transport their goods abroad. The contractions in sales also led to profit levels falling for many businesses.

A third of Welsh businesses said customer demand was a growing problem, but regulatory requirements were the most widespread concern, cited by over a third of companies. This was likely because of post-Brexit customs controls which affected Welsh exporters who are more reliant on the EU market than in other parts of the UK.

Some 30% of businesses cited transport problems as a growing source of difficulty, compared to 16% the year before.

Employment levels stayed largely the same over the past year. This was helped by the extension of furlough scheme, which should continue to limit job losses, at least temporarily.[5]

Beverley Waters, ICAEW Regional Director for Wales, said:“It’s positive news for the Welsh economy that businesses are feeling more confident for the future, doubtless a reflection of the vaccine rollout and prospects of a strong recovery.

“While challenges remain, Welsh businesses expect domestic sales and exports to increase once again. This is a positive outlook for our economy, which is needed after a difficult year.

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Business

Lead distiller named Foundation Apprentice of Year at company’s awards

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Ffion Lewis receives the Foundation Apprentice of the Year award from Arwyn Watkins, OBE, managing director of Cambrian Training Company.

FFION LEWIS has been promoted to lead distiller at award-winning In the Welsh Wind Distillery, based at Tanygroes, near Cardigan, after completing a Foundation Apprenticeship in Brewing.

Now the 22-year-old’s learning journey has been rewarded with the Foundation Apprentice of the Year award at the annual Apprenticeship, Employment and Skills Awards held by Cambrian Training Company, one of Wales’ leading work-based learning providers.

There was a double celebration for In the Welsh Wind which also won the Small Employer of the Year award.

Ffion joined In the Welsh Wind as an apprentice distiller after returning home to Mid Wales from New Zealand where she lived for three years and has played a key role in the development of whiskey making at the distillery

With a background in laboratory work, the job was perfect for her. Having now progressed to a leadership qualification with Chwarae Teg Women’s Career Development Programme, Ffion says the Foundation Apprenticeship improved her confidence, self-esteem and employability.

Ffion, who is now supporting other apprentices within the business, said: “It means a lot to win this award. I think apprenticeships are really important. I had previously worked in a microbiology lab in New Zealand and didn’t have any experience in distilling before doing my apprenticeship.

“I was really happy to find a job in a job at In the Welsh Wind when I returned to West Wales.”

Recognising employers and learners who have excelled in apprenticeship, skills and employment training programmes delivered by Cambrian Training Company, the awards were held at The Metropole Hotel & Spa, Llandrindod Wells.

The other Foundation Apprentice of the Year finalist was Ryan Harding, 26, Kepak, Merthyr Tydfil who lives in Blaenavon.

With offices in Welshpool, Holyhead, Colwyn Bay, Llanelli and Llanelwedd, Cambrian Training Company delivers work-based apprenticeships across Wales.

Arwyn Watkins, OBE, the company’s managing director, congratulated Hannah and all the award winners and finalists for their achievement despite the challenging disruptions caused by the pandemic over the past two years.

“These awards showcase the dedication and commitment by individuals and companies to the apprenticeship programme here in Wales,” he added. “Ffion has demonstrated what can be achieved in career progression through apprenticeships.”

The Apprenticeship Programme in Wales is funded by the Welsh Government with support from the European Social Fund.

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Supporting Ceredigion’s small businesses at the Eisteddfod

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THE NATIONAL EISTEDDFOD OF WALES visiting Ceredigion will be an excellent opportunity to promote local businesses and boost the local economy.

In addition to the surge in visitors to the county, a number of Ceredigion businesses have taken advantage of the opportunity to sell their products at trade stands at the Eisteddfod.

Ceredigion County Council supports local/small businesses, and we are pleased that some have accepted the invitation to showcase their products in wooden huts at Pentre’ Ceredigion’s stand on the Maes.

We welcome the opportunity to show that Ceredigion is a good place to do business, and it will be an opportunity for the businesses to promote and sell their products.

Around 15 companies from Ceredigion will take advantage of the wooden huts during the week. These include Pethau Melys, Galeri Gwyn, Bay Coffee Roasters, CreatEmAber, Yoga Essentials, Canfas, Tonnau Surf, U Melt Me, Gwella, L P-D, Atebol, Coffi & Bara, In the Welsh Wind, Recover Eden, and Aberdabbadoo.

There will also be an opportunity for people to learn more about food and drink companies in the county during the daily cooking demonstrations at 11:30am in Pentre’ Ceredigion. Pop by for a treat for your tastebuds.

One local company who has taken advantage of this is the craft business L P-D. Lowri Pugh-Davies from Llangybi said: “This is a brilliant opportunity for my small business. I’m extremely grateful for the privilege and the chance to trade along with other businesses from Ceredigion, and only a stone throws away from my home. The experience will be even more special for me as this will be the first Eisteddfod where I’ll be taking a stand, and the biggest event for my small business. Thank you very much for the invaluable opportunity.”

Why not visit other areas in Ceredigion during the Eisteddfod period. You can get a glimpse of what the county has to offer here: https://www.youtube.com/watch?v=GBFvGg23UqA

Councillor Clive Davies, Ceredigion County Council Cabinet Member for the Economy and Regeneration, said: “Ceredigion businesses have so much to offer and the National Eisteddfod’s visit to the county is a truly fantastic opportunity to celebrate and promote that. It will be lovely to see visitors venturing to every part of Ceredigion to get a taste and support local businesses, as well as finding interesting companies on the Maes itself. Ceredigion County Council is proud to support small businesses too by offering slots in the wooden trading huts during the week. Remember to drop by.”

You can see Pentre’ Ceredigion’s full timetable on our website: www.ceredigion.gov.uk/eisteddfod

You can also download the Eisteddfod app and find more Information on the Eisteddfod’s website, www.eisteddfod.cymru, and follow us on social media:

Facebook: @CeredigionCountyCouncil

Twitter: @CeredigionCC

Instagram: @CaruCeredigion

Remember to share your photos too by using the hashtags #Steddfod2022 and #EisteddfodCeredigion.

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New Quay RNLI is looking for volunteers to run the new shop

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NEW QUAY RNLI is looking for new volunteers to join their engagement team to run and manage the brand new shop being located in the centre of the town.

To entice potential volunteers the RNLI are holding an open day in the New Quay shop on Thursday 28 July. The RNLI is the charity that saves lives at sea. Its volunteers provide a 24-hour search and rescue service around the United Kingdom and Republic of Ireland coasts.

The RNLI operates over 238 lifeboat stations in the UK and Ireland and more than 240 lifeguard units on beaches around the UK and Channel Islands. The RNLI is independent of Coastguard and government and depends on voluntary donations and legacies to maintain its rescue service.

Catherine Jones, RNLI Community Manager for North and Mid Wales said, “We are holding an open day at the new RNLI shop in New Quay on Thursday 28 July between 11am and 3pm. The builders have recently been modifying the shop, and although the shop won’t be ready, it will give people a chance to come and take a look around and hear more about what volunteering with the RNLI means. Please do come by and say hello and find out how you can help save lives at sea.”

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