Wales
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Queen’s Speech will include plans for devolution and London authority
Speculation is rising that the Queen’s Speech next Wednesday will include plans for the implementation of Scottish and Welsh devolution and the creation of a strategic London authority.
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Dorrell urges door to be kept open on devolution
Stephen Dorrell, the former health secretary, who is a contender for the Tory leadership, said it was essential to keep the door open to new thinking on devolution for Scotland…
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Toyota considers expansion of Derbyshire plant for new small car production
Toyota is looking to build a new small car at a European plant. It will start production in 2001. It could be located at its Burnaston plant, in Derbyshire, but…
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Rail regulator to make ruling on Prism Rail service
John Swift QC, the rail regulator, is expected to shortly rule whether Prism Rail’s South Wales & West can launch through-services from Penzance to Manchester and from Portsmouth to Liverpool…
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Ashtenne buys Welsh industrial estate for £3.5m
Industrial specialist Ashtenne has bought Baglan Industrial Park at Port Talbot from the Welsh Development Agency for £3.5m. Ashtenne and the WDA have entered a joint-venture to market the 13,935…
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Amec preferred contractor for LG semiconductor plant in south Wales
Amec is the preferred contractor to build a new semiconductor manufacturing plant at Newport, in south Wales. It is part of LG of Korea’s £1.7bn investment.
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Halla to open lift truck plant in south Wales
Halla, of South Korea, will open a £19m lift truck factory next month in South Wales. Britain’s lift truck production is the second biggest in Europe.
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Matsushita to build £13m factory next to existing Port Talbot plant
Japanese electrical company Matsushita plans to build a new £13m factory alongside its existing plant in Port Talbort, South Wales. The company will take on 285 new workers and start…
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Barberry House pays WDA £4.5m for Cleppa Park, South Wales
West Midlands-based Barberry House Properties has acquired Cleppa Park, near Newport, South Wales, for £4.5m from the Welsh Development Agency. The deal reflects a yield of 12%.
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NHP buys seven nursing homes for £12.6m following £100m securitisation
Nursing Home Properties has acquired seven nursing homes for £12.6m following the succesful completion of NHP’s £100m securitisation programme. NHP chief executive Richard Ellert told EGi that insurance companies including…
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Rural Wales wins European funds for job creation projects
Abercrave, Cardigan, Dolgellau, Llanfair, Caereinion and Rhyader, in rural Wales will each receive up to £90,000 each to establish job creation projects in sectors as diverse as crafts, tourism and…
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Reports of house prices up more than 5% in first quarter
A Royal Institution of Chartered Surveyors’ (RICS) study of more than 250 English and Welsh estate agents found that more than 10% reported house price rises of over 5% in…