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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

Llandeilo going for Fair Trade Status

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A NEW steering group has formed in Llandeilo to achieve Fair Trade status for the town.

“Many of our local shops and venues already stock or serve Fair Trade products and I believe Llandeilo deserves to be officially recognised for this,” says co-founder town councillor Christoph Fischer.

“It’s fantastic to see so many businesses and stakeholders committed to Fair Trade in Llandeilo,” says Candace Browne of Y Pantri Glas, Llandeilo’s Zero Waste and Natural Foods store. “However, for me Fair Trade extends beyond insuring workers growing imported exotic produce like bananas and chocolate are treated fairly but also to trading fairly with our local producers and sourcing good food locally. As Chair of Slow Food Cymru, Slow Food Town status with a shared vision of “Good Fair Food for All” would also be great for businesses to work towards for our community.”

The group, which has representatives of several businesses and interested individuals, are currently mapping all products that local shops, schools, groups and organisations offer and are lobbying the town council and other bodies to get behind the movement by declaring their own commitment to Fair Trade.

“As town councillor and as individual I feel this initiative fits perfectly well with the trend in town for fair trade,” says Fischer. “As Member Pioneer for the Llandeilo Coop part of my role is to initiate projects like this and bring all parts of the community together. We already had positive replies from Café 139, The Lighthouse, Heavenly, Ikigai, CK’s, Crown Stores, Umami and Llandeilo Primary.”

If you and your organisation want to commit to Fair Trade or are stocking Fair Trade products, please contact ChristophFFischer@googlemail.com

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Business

Council determined to close Aberystwyth’s window of waste

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ABERYSTWYTH town centre is provided with regular and reliable waste collection services. Unfortunately, some localised, seasonal issues continue to arise. One of the solutions to this is to close the Window of Waste!

The window of waste is the time between when waste is presented for collection and when it is actually collected. The longer the window of waste is open the more issues and problems that occur which includes the waste being ravaged by seagulls, other animals as well as the elements. This causes the problems that are experienced in some town centre locations mostly on and around waste collection days.

The County Council has been very proactive in Aberystwyth over recent years in introducing interventions and changes to waste collection arrangements with a view of addressing or improving long standing issues. These are currently being reviewed and include but are not limited to:

·         Additional early waste collections in the town centre to collect waste that has been presented too early.

·         Provision of wheelie bins on North Parade and heavy duty sacks at various streets to contain waste between the time it is presented and collected

·         Provision of free caddies and caddy liners for food waste and boxes for glass

·         Localised information provision

·         Closer working between Waste Collection and Street Cleaning teams

·         Closer monitoring

·         Ongoing liaison with residents and landlords

As part of Caru Ceredigion and Caru Aber all residents are encouraged to play their part in being part of the solution rather than the cause of the problem. This means working with us to ensure that:

·         Aber’s streets are kept clean and attractive at all times

·         Aber’s waste is dealt with in the most efficient way possible from a cost and environmental perspective

·         Aber remains a fantastic place to live and visit

·         Aber maintains the superb positive profile and image it deserves

We are asking all residents to help us close the window of waste by presenting the Right Waste in the Right Way and on the Right Day:

·         Right Waste: making full and proper use of the services provided for recycling and food waste which are collected every week

·         Right Way: presenting the waste in suitable containers, which includes the food caddies and glass boxes provided by the Council.  A range of bins from wheelie bins to traditional bins are available from local outlets or online to store and present waste.

·         Right Day: waste should only be presented for collection by 08:00 on the day of collection.

Businesses are reminded that they have a legal responsibility to have trade waste arrangements in place for all the waste their business produces

For the size and nature of the town, Aberystwyth is a clean town, which contributes to its overall attractiveness as a fantastic place to live and visit. If this were not the case then so many local people and visitors would not hold it in such high regard.  

For more information regarding Ceredigion County Council’s waste collection services, including a postcode finder, please visit www.ceredigion.gov.uk.

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Business

Lidl branded best value as expanded store opens in Aberystwyth

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Lidl has been revealed as the cheapest supermarket in May, according to the latest monthly analysis from Which?.

Which? compared prices for a trolley of 20 items every day throughout May and found that on average, shoppers would have paid £22.66 at Lidl, beating the big four and Aldi to the accolade. Products checked included own-label products such as tomatoes and chicken drumsticks and branded goods such as Nescafé coffee, to see how UK supermarkets compared. The announcement recognises Lidl’s continued commitment to offering customers top quality products at great value prices as the retailer expands further into the future. Earlier this year, Which? named Lidl as the Cheapest Supermarket 2020, demonstrating that Lidl continues to offer UK shoppers consistently unbeatable prices.

The news comes as the supermarket expanded its operation in Aberystyth.

This pic of the new store was taken by Rose Voon.

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