UK recession: Wales

Page last updated at 11:41 GMT, Tuesday, 19 January 2010

Harman International
Nearly 220 jobs are said to be under threat at a car speakers plant in south Wales, with claims they could go to Hungary.

The owner of a creamery says its staffing levels are "high and unviable" and consults workers on plans to cut 93 jobs.

Fears of more job losses are raised at a factory after 'months of difficulty' despite cutting 600 posts late last year.


FEATURES, VIEWS, ANALYSIS
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Around 100 people are applying for every job
Bank compensates customer, 91, after savings advice

A blast furnace at the Corus plant in Port Talbot is to be restarted, 10 months after it was mothballed due to the recession.

The owners of Pontin's Park in north Wales are to double accommodation for visitors as part of a 15m expansion.
Welsh-Irish power station backed
The go-ahead is given for a new power converter station to help link the electricity networks of north Wales and Ireland.


Plans for tallest tower scrapped
Plans to construct the tallest building in Wales as part of a 500m development are abandoned.


Builder 'optimistic' about future
One of the UK's largest house builders has resumed work on projects it was forced to stop at the height of the recession.


Threat to 50 city Lloyds jobs
Lloyds Banking Group says it will cut a further 200 jobs, taking its total number of job losses to 7,500 this year.


Cash help for car parts factory
A factory designing products for vehicles with hybrid engines lands 3.2m support to safeguard and create jobs.


Steel plant restarts production
Fresh orders mean production at a mothballed steel mill is to begin again, but the move will not reverse any of its job losses.




WHERE TO GET HELP
RECESSION BASICS
Find out how the downturn took shape
Puzzled by the jargon? We explain
What is GDP and how is it calculated?
TOOLS
Should you worry about your debts?
Debt Remedy is an online debt counselling service provided by CCCS

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