Western Mail (Cardiff, Wales) back issues from October 2008:
Banking on a recession? Business editor Sion Barry assesses the turmoil in global financial markets after the US rejection of its planned EUR700bn bail-out of toxic debt and the impact on the Welsh economy as the UK faces up to the likelihood of recession.(Business)
Oct 01, 2008 ... Byline: Sion Barry IF a week is a long time in politics, then in the financial markets it must seem like a lifetime. Monday will rank as one of the most momentous in the history of the financial services sector, with the part nationalisation of Bradford & Bingley in ...
Uncertainty over Bosch plant as jobs cut.(Business)
Oct 01, 2008 ... HUNDREDS of agency workers will lose their jobs at Bosch's South Wales plant at Miskin, the company confirmed yesterday. Up to 300 agency contracts will be affected up to next March as the company looks to reorganize production and safeguard permanent jobs at one of its ...
Plan to set up biodiesel plant in Bay.(Business)
Oct 01, 2008 ... PLANS for a biodiesel processing plant for Cardiff have been unveiled. US business Flex Fuels Energy is looking to establish an oilseed processing and biodiesel centre in the UK and has identified Cardiff to built its plant. Graham Hilton, non-executive director of ...
'Wales needs to do more to raise its profile in London'.(Business)
Oct 01, 2008 ... Byline: Robert Llewellyn Jones WALES needs to raise its profile in London, claims the head of a networking organisation in the English capital. Chairman of Wales in London Robert John said it was important that the nation did more to promote itself in the English ...
B&B bailout bill a disgrace, says 'prudent' Welsh society; Anger as banking sector asked to stump up for plan.(Business)
Oct 01, 2008 ... Byline: Chris Kelsey THE head of a Welsh building society has described as "disgraceful" the revelation that the UK banking sector will have to meet the interest costs of the pounds 14bn loan used by the Government in its bailout of Bradford & Bingley. Alun Williams, ...
Super chamber of commerce to represent business in South Wales; Newport and Gwent body wins right to Cardiff chamber.(Business)
Oct 01, 2008 ... Byline: Aled Blake Business Correspondent A SUPER chamber of commerce is being established in South Wales after the British Chambers of Commerce backed the plans. The BCC has awarded the accreditation for a chamber in Cardiff to Newport's chamber - with a merged South ...
Innovative scheme accelerates to 10th anniversary; Fast Growth 50 WWW.FG50.COM.(Business)(Company overview)
Oct 01, 2008 ... A PROJECT dedicated to tracking the fasting-growing indigenous privately-owned companies in Wales will publish its 2008 findings in the Western Mail later this month. This year Wales Fast Growth 50th marks its 10th anniversary, with the list and profiles of the fasting-growing ...
Game store gains as mainstream sales grow.(Business)
Oct 01, 2008 ... A RARE note of cheer emerged from the high street yesterday after computer games retailer Game raised sales forecasts and delivered record profits. Buoyed by the launch of Nintendo's Wii Fit and Grand Theft Auto IV, the company said its products were being seen as a "more ...
Tesco hails its 'response to tough times' as profits jump; Supermarket giant's joy at 10% rise in first-half figures.(Business)
Oct 01, 2008 ... Byline: Aled Blake Business Correspondent THE UK's biggest supermarket yesterday said it racked up a 10% rise in first-half profits despite the "powerful economic headwinds" facing the business. Tesco, which had lost ground to discounters as hard-pressed shoppers ...
All hands to the pump as pub tenants struggle.(Business)
Oct 01, 2008 ... THE UK's second biggest pub group yesterday said it was offering special concessions to 850 licensees during the current trading conditions. Enterprise Inns, which has around 7,500 tenanted pubs, said the figure had increased in the most recent quarter to the end of September, ...
Wales must rise to golfing challenge of a lifetime; Louisville pulled all the stops out to make visitors to the recent Ryder Cup welcome. In 2010, it will be Wales' turn. Steve Howell, the chief executive of Cardiff-based Freshwater UK, says we must make the most of this once-in-a-generation opportunity.(Business)
Oct 01, 2008 ... Byline: Steve Howell LOUISVILLE sets a high standard for Wales to emulate. As the dust settles on the 2008 Ryder Cup at Valhalla Golf Club in Kentucky, the magnitude of the challenge facing Wales in 2010 is becoming clearer. When my plane touched down in ...
Ireland puts up deposit guarantee to get stability.(Business)
Oct 01, 2008 ... THE Irish Government yesterday decided to guarantee all deposits in the country's six main banks for the next two years. The safeguard applies to all deposits and borrowings in Allied Irish Bank, Bank of Ireland, Anglo Irish Bank, Irish Life and Permanent, Irish Nationwide ...
No time for our politicians to veer away from issue of motorway congestion; The long view.(Business)
Oct 01, 2008 ... Byline: david rosser LAST week started with an engagement at the BBC studios to debate the merits of the proposed M4 relief road with a Friends of the Earth spokesman, and finished with a quarterly meeting of the CBI Wales Council at which transport featured highly. ...
Bank cyclists win praise and funds for raising diabetes diagnosis awareness.(Business)
Oct 01, 2008 ... A TEAM of cyclists from HSBC bank will this week complete a 500-mile tour of Wales raising funds for diabetes research and information. The eight-day trek involves the four cyclists travelling from Cardiff to Caernarfon and back again via Newtown, Llandudno, Aberystwyth, ...
Keep rental records in order to avoid a visit by the tax inspector; Warning for buy-to-let owners over tough laws on lost cash.(Business)
Oct 01, 2008 ... Byline: Sion Barry Business Editor BUY-TO-LET house owners in Wales are being warned that HM Revenue and Customs is stepping up its efforts to recoup lost revenue from tax avoidance in rental income. It means buy-to-let investors must keep accurate records or face ...
Former CBI head insists picture is not 'all doom and gloom' for UK traders.(Business)
Oct 01, 2008 ... THE international perspective of businesses will serve the UK well in the current economic downturn, according to Lord Jones of Birmingham. The former director-general of the CBI and now a Trade & Investment Minister said: "We are living in times previous generations never ...
Wales bucks the start-up trend.(Business)
Oct 01, 2008 ... THE number of business start-ups this year in the UK will be down on 2007, according to figures from Barclays. For this year the bank expects 380,000 firms being created - in 2007 there were 430,000. However, across Wales, business starts have increased for the ...
SkyB told to make its top packages more available; sky.(Business)
Oct 01, 2008 ... OFCOM is "requiring" broadcasting giant BSkyB to make its sports and movie packages available to a wider audience, the regulator said yesterday. Following concerns in early 2007 from BSkyB's rivals BT, Setanta, Top Up TV and Virgin Media, Ofcom opened an investigation into the ...
Downturn 'may help Wales catch richer regions' Even the darkest clouds have a silver lining, says academic.(Business)
Oct 01, 2008 ... Byline: Aled Blake THE economic downturn triggered by the credit crisis may help Wales catch up with wealthy regions in the UK, claims a leading academic. Professor James Foreman-Peck, of Cardiff Business School and director of the Welsh Institute for Research in ...
Act now, urges UES, so you don't get burnt by rising energy costs.(Business)
Oct 01, 2008 ... EXECUTIVES are being warned that not enough of them are planning for increasing energy costs. Hengoed utility management consultants, UES, say that many Welsh businesses are not planning for huge increases in energy prices when contracts are typically renewed this month and and ...
Stradform starts on 'green' care home.(Business)
Oct 01, 2008 ... CONSTRUCTION company Stradform has begun work on a pounds 5m 70-bedroom community care home in Newport. The project is being undertaken on behalf of Linc-Cymru Housing Association and includes many environmentally-friendly features, including solar heating and the harvesting of ...
Sunrise industry is now a design classic; After 15 years in the front, sustainability is new trend.(Business)
Oct 01, 2008 ... Byline: Aled Blake Business Correspondent SHOW home interior design firm Sunrise Interiors is celebrating 15 years of trading and 10 years as a limited company. Established 15 years ago and first operating from a dining room in Cardiff, Sunrise Interiors has grown to ...
Lawyer Campbell is shortlisted for UK award.(Business)
Oct 01, 2008 ... A LAWYER at a Cardiff law firm has been shortlisted for a national award later this year. Andrew Campbell, head of motorcycle claims at New Law Solicitors, has been named one of three finalists in the category of Personal Injury Lawyer of the Year (Claimant) as part of the ...
Keeping your eye on law changes could keep your mind off tribunals; Changes in employment laws mean vigilance by employers is now even more important, writes Daniel Wilde, employment law partner at Dolmans Solicitors.(Business)
Oct 01, 2008 ... Byline: Daniel Wilde WITH a vast number of changes to employment legislation over the past 12 months, Welsh employers have had to remain vigilant to ensure that they comply with the changing laws and do not make any decisions which could result in a tribunal. What businesses ...
Real-life challenge gives PR student a flying start.(Business)
Oct 01, 2008 ... A PUBLIC relations student has won the prize in an annual competition set by corporate communications company, Quadrant. Oliver Christophers, 23, a student on the masters degree course in international PR at Cardiff University, received the award for writing a public affairs ...
Furniture retailer marks 40 years with news of sales joy.(Business)
Oct 01, 2008 ... A LEADING independent furniture retailer is celebrating 40 years in business with a 25% increase in turnover. The Place For Homes, which operates out of a former aircraft hangar in Llandow near Cowbridge, has been able to withstand the turbulent economic climate, reporting a ...
Fresh cash injection keeps retirement village on track; Willow Court development continues to take shape.(Business)
Oct 01, 2008 ... Byline: Aled Blake Business Correspondent THE second phase in the development of a pounds 21m retirement home in Swansea is under way. Work on the Willow Court Retirement Village in Mumbles has started after the project was given a new funding package from the Royal ...
Hall opens Welsh office.(Business)
Oct 01, 2008 ... BUILDING services company SPIE Matthew Hall is opening a Wales office in Cardiff. The company, with a group turnover of EUR3.5bn employing 27,000 across 28 countries, is looking to develop its business in Wales, offering a range of design, supply, installation and commissioning ...
Guide to help firms.(Business)
Oct 01, 2008 ... A SERVICE guide for employers is being launched by the University of Wales, Newport, to help businesses through innovation, education and enterprise. The guide, produced by the university's research and enterprise department, provides businesses and organisations with details ...
Co-op offers pick 'n' mix; PERSONAL FINANCE.(Business)
Oct 01, 2008 ... THE Co-operative Bank has launched a pick 'n' mix style packaged account that enables consumers to choose some of the benefits they receive. The bank believes the account, which was available from Monday, is the first of its kind to give consumers a choice about what they get. ...
Don't be drawn into fraudsters' web, payment body warns; PERSONAL FINANCE.(Business)
Oct 01, 2008 ... Byline: Aled Blake PEOPLE have been warned about inadvertently acting as money mules for fraudsters following a jump in adverts trying to recruit people to carry out money transfers. Payments body Apacs said it had come across 873 adverts to recruit money mules ...
Landlords think about long term and plan to ride out credit crunch; PERSONAL FINANCE.(Business)
Oct 01, 2008 ... FOUR out of 10 investment landlords plan to buy a property during the coming year despite falling house prices, research has revealed. More than three-quarters of buy-to-let investors also said they did not intend to sell any of their properties because of the current market ...
More space and longer lease for info provider; Expansion at Cardiff Waterside COMMERCIAL PROPERTY.(Business)
Oct 01, 2008 ... Byline: Aled Blake Business Correspondent LEADING online business information company the Creditsafe Group has expanded its European Service Centre at Cardiff Waterside to occupy a third more office space while doubling its lease length. Creditsafe, which has more ...
First phase completed of strategic industrial park; COMMERCIAL PROPERTY.(Business)
Oct 01, 2008 ... THE first phase of one of the largest new industrial park projects in Wales has been completed. The Severn Crossing scheme at Chepstow has planning consent for 525,000sqft of units. The first unit, built speculatively, covers 182,00sqft. The park is being ...
Nominations sought for the Props Awards; COMMERCIAL PROPERTY.(Business)
Oct 01, 2008 ... THE SEARCH is onto honour the best in the Welsh commercial property sector. Nominations are being sought for the People in Property: Props Awards Wales. The 2008 event, organised on behalf of the Variety Club children's charity, will take place at Cardiff's City Hall ...
New PR face in fresh job; on the move in association with StrataMatrix.(Business)
Oct 01, 2008 ... PUBLIC relations firm freshbaked PR, a division of the freshbaked group, has expanded after five months in operation with a new appointment and office move. The firm has has moved into a purpose-built office in The Maltings, Cardiff. The company has also recruited PR ...
'Ideas man' is joining Presentable; on the move in association with StrataMatrix.(Business)
Oct 01, 2008 ... MARTYN INGRAM is to join Cardiff-based TV company Presentable as the company's head of development. For the past six years Mr Ingram has been commissioning editor for independents at BBC Wales, commissioning in all major genres: drama, factual, specialist factual, entertainment, ...
Manager looks to achieve top standards; on the move in association with StrataMatrix.(Business)
Oct 01, 2008 ... ALAN JONES has joined independent chartered accountants BPU as manager in audit and accounts. His appointment is part of the firm's recruitment drive following rapid growth in fee income in the past three years. Mr Jones, 28, from Cwmbran, took a degree in Business ...
Hannah's care posting; on the move in association with StrataMatrix.(Business)
Oct 01, 2008 ... INDEPENDENT care provider Angels Care Services has appointed a new registered manager at its offices in Cowbridge. Hannah Matthews, from Cowbridge, has been promoted from administrator and office manager to registered manager. At 24, this makes her the youngest manager for the ...
Traders grapple with political machinations; Analysis in association with arad consulting robert huggins ASSOCIATES.(Business)
Oct 01, 2008 ... Byline: Tim Jenkins YOU don't need me to tell you that the last two days have been, well, let's just say, less than ideal. If the prohibition on shorting financials wasn't in play, you could say the conditions were ideal. But of course it's no longer politically correct to even ...
London lifted by hopes US deal can be revived; city bulletin in association with arad consulting robert huggins ASSOCIATES.(Business)
Oct 01, 2008 ... Byline: Sion Barry HOPES that the US Government's EUR700bn bank bail-out may not be dead in the water, helped the London market bounce back nearly 2% yesterday. A vow from President Bush to get the package through Congress despite Monday night's shock rejection, saw ...
Why we all need the USA to push the bail-out button.(News)
Oct 01, 2008 ... PRESIDENT George Bush yesterday promised the world he would do all he could to ensure his EUR700bn plan to rescue the US economy was passed by Congress. Financial markets across the world held their collective breath yesterday, expecting a financial meltdown after the ...
PM says guarantee of pounds 50,000 is enough; FINANCIAL CRISIS.(News)
Oct 01, 2008 ... PRIME MINISTER Gordon Brown welcomed cross-party co-operation on the economy but rejected calls for the Government to guarantee all savings. He repeated his pledge to do "whatever is necessary" to get Britain through the global financial turmoil after Chancellor Alistair ...
Sugar: 'I hope we have seen the worst' FINANCIAL CRISIS.(News)
Oct 01, 2008 ... ENTREPRENEUR and TV star Sir Alan Sugar said he believed the current world economic crisis was a levelling process following a period he described as a "mad financial Disney World". But Sir Alan praised the Government's handling of the banking problems facing the UK and said he ...
FTSE bounces back but banks are still feeling strain despite the brief revival; FINANCIAL CRISIS UK markets are spared further bloodletting as Bush vows Wall Street bail-out will go through.(News)
Oct 01, 2008 ... Byline: Western Mail reporter The FTSE 100 Index avoided another bloodbath yesterday amid hopes a rescue of the US financial system could still be on the cards. Further heavy losses for world markets had been feared after Monday's shock US Congress rejection of the ...
US president warns Congress they must act to avoid 'painful and lasting' damage; FINANCIAL CRISIS UK markets are spared further bloodletting as Bush vows Wall Street bail-out will go through.(News)
Oct 01, 2008 ... Byline: Western Mail reporter PRESIDENT George Bush was forced into making his fourth address to the nation in a week yesterday as the US financial crisis stumbled on. He warned that quick decisive action was needed to avoid "painful and lasting" damage to the nation after the ...
Irish leader hits back at criticism of guarantee; FINANCIAL CRISIS.(News)
Oct 01, 2008 ... IRISH Taoiseach Brian Cowen last night defended a radical 400 billion euro (pounds 318bn) state guarantee of all deposits and loans amid claims the deal has handed the country's biggest banks a blank cheque. Mr Cowen said the controversial two-year agreement was put in place to ...
uk news bulletin: Midwife sues after trip on family stairs.(News)
Oct 01, 2008 ... THE parents of newborn twins are facing legal action after a midwife tripped on their stairs. James and Michelle Hudson, of Hull, said they received a solicitor's letter telling them they were liable for a back injury midwife Caroline Waller allegedly sustained in the incident ...
uk news bulletin: How Diana tried to marry off Charles.(News)
Oct 01, 2008 ... A LETTER written by the Princess of Wales in which she describes trying to marry off her sister to future husband the Prince of Wales was auctioned yesterday for more than pounds 12,000. Diana describes in the note, written in 1978, how she played matchmaker between Charles and ...
uk news bulletin: 'Jump' shouts crowd to would-be suicide.(News)
Oct 01, 2008 ... POLICE condemned onlookers who goaded a teenager who later fell to his death from a shopping centre car park. Shaun Dykes, 17, died after he fell from the site on the roof of the Westfield shopping centre in Derby on Saturday afternoon ....
world news bulletin: 168 killed in Indian temple stampede.(News)
Oct 01, 2008 ... AT LEAST 168 people were killed and 100 injured yesterday when thousands of pilgrims stampeded at a Hindu temple in Jodhpur in western India. Severe overcrowding apparently caused the crush as more than 12,000 people gathered at the temple to ...
world news bulletin: Top Mafia bosses held after raids.(News)
Oct 01, 2008 ... SCORES of suspected Mafia members were arrested in a series of raids by Italian police yesterday including three top men linked to the murder of six immigrants earlier this month. The operation in Naples and surrounding areas, where the Camorra crime syndicate is based, ...
world news bulletin: Mother 'put dead daughters in freezer'.(News)
Oct 01, 2008 ... A MOTHER is suspected of killing her two adopted daughters aged nine and 11 and storing their bodies in the household freezer. Police in Lusby, Maryland, USA, were investigating an ...
Gurkhas celebrate victory in their battle to live in UK; UK & WORLD NEWS.(News)
Oct 01, 2008 ... GURKHAS celebrated a victory in their court battle for the right to settle in Britain. Hundreds of the Nepalese fighters and their families cheered outside the Royal Courts of Justice in the Strand yesterday after a High Court judge ruled the Government's immigration policy ...
No point in Belfast Executive meeting - Sinn Fein.(News)
Oct 01, 2008 ... THERE is no basis for a meeting of Northern Ireland's ministerial Executive tomorrow, the Deputy First Minister said last night. Efforts to agree an agenda have not succeeded and no progress has been made, Sinn Fein's Martin McGuinness said. The Executive has not met ...
Natasha breaks the story of her headline maker.(News)
Oct 01, 2008 ... NATASHA Kaplinsky shows off her latest news - the first picture of her baby boy. The newsreader's baby, who has not yet been named, was born at a London hospital on Thursday at 8.30am. The photographs were taken of the tot, alongside his mother Kaplinsky and her ...
Three held over killing of banker who stood up for attack victim.(News)
Oct 01, 2008 ... THREE men were arrested yesterday in connection with the murder of a banker allegedly set upon after remonstrating with a gang attacking a homeless man. Father-of-two Frank McGara-han, 45, of Much Hadham, Herts, died in hospital on Monday after being injured in central Norwich ...
Dying man leapt to his death so as not to be a burden.(News)
Oct 01, 2008 ... A TERMINALLY-ILL former Royal Marine leaped to his death from Beachy Head because he did not want to become a burden to his loved ones, an inquest heard. Falklands veteran David Frost, 44, told his friends and family of his intention to end his life long before the symptoms of ...
We won't take Cluj lightly - Scolari.(News)
Oct 01, 2008 ... LUIZ FELIPE SCOLARI has demanded Chelsea's "football machine" dish out a stiff Champions League reality check to European minnows CFR Cluj tonight. The Romanian double-winners produced a shock 2-1 victory away at Roma on their Champions League debut a fortnight ago and tonight ...
Berbatov off the mark as United ease past Danes.(News)
Oct 01, 2008 ... Aalborg 0 3 Man Utd Rooney 22 Berbatov 55 89 DIMITAR BERBATOV finally broke his Manchester United duck as the Champions League holders swept aside Danish minnows Aalborg to kick-start their campaign. After three matches without a goal, the whispers were ...
Van's the man as Gunners hit four.(News)
Oct 01, 2008 ... Arsenal 4 0 FC Porto ROBIN VAN PERSIE led the rout as Arsenal resumed normal service at the Emirates Stadium, with a thumping Champions League victory over Porto. Gunners boss Arsene Wenger had demanded an emphatic response from his team following their shock 2-1 ...
Senna's stunner downs Celtic; Villareal 1 0 Celtic.(Sport)
Oct 01, 2008 ... VILLARREAL captain Marcos Senna's brilliant free-kick consigned Celtic to yet another defeat on their Champions League travels. The Hoops had taken one point from a possible 45 away from Parkhead in this stage of the competition before their second Group E game of this ...
Benitez calls for calm approach.(Sport)
Oct 01, 2008 ... LIVERPOOL manager Rafael Benitez has warned of the danger of getting carried away with his team's impressive start to the season ahead of his 250th game in charge against PSV Eindhoven in the Champions League. The Reds are unbeaten in the Premier League and are only behind ...
Pompey vow to back Campbell in abuse row.(Sport)
Oct 01, 2008 ... PORTSMOUTH have promised skipper Sol Campbell they will support him if he wants action to be taken against Tottenham fans who verbally abused him at Fratton Park last weekend. It is not yet clear whether Campbell will ask Pompey to step up pressure on the authorities to deal ...
Poles given clear warning over 2012.(Sport)
Oct 01, 2008 ... UEFA have warned the Polish government that their suspension of the country's FA could threaten their hosting of Euro 2012. The Polish football federation was suspended on Monday for allegedly failing to address corruption, and the government have appointed an administrator to ...