Wales, London, the North East, North West, South West and Scotland, have all seen a drop in their overall affluence, according to Barclays’ 2017 UK Prosperity Map. The report noted that the slowdown came against a backdrop of “fluctuating economic conditions” as well as ongoing Brexit negotiations.
Uncertainty over the UK-EU relationship has raised concerns that important funding from the European Investment Bank (EIB) could stall, Community Housing Cymru (CHC) has said. The EIB awards low cost, long-term loans for projects in various sectors.
Cardiff Metropolitan also acknowledges it is facing increasingly intense competition for students resulting from a demographic decrease in the current pool of 18-year-olds, the UK Government’s insistence in including international students in migration figures which they wish to reduce, and continuing uncertainty around the UK’s decision to leave the European Union.
Staff at Aberystwyth University are facing potential job losses as it tries to make £11.4m of cuts by April 2019. The university has blamed increasing competition for students, rising costs, and Brexit uncertainty for needing to make the savings.
Farming in Snowdonia will be wiped out by Brexit unless the next government matches subsidies under the EU’s common agricultural policy (CAP) pound for pound, the president of the Farmers’ Union of Wales has said.
Abraham Lincoln’s “think anew, act anew”, included in a letter he wrote to Congress, are the theme of the Convention on Brexit and the Political Crash, two days of debate, analysis and scrutiny on 12 and 13 May that will look at the threat to the liberal consensus in the west, as well as the...