Bulletin

Wales has reasons to be cheerful says Santander chief economist

Santander UK chief economist Barry Naisbitt has said that Welsh businesses are reporting levels of optimism above the UK average, but he warned there is a risk that the eurozone's woes could stifle growth. Recent data shows Welsh business confidence at 42%, above the UK average of 30%. He added that Cardiff's emergence as the fourth most competitive UK city outside London, behind Edinburgh, Bristol and Manchester, reflected a stronger Welsh economic performance. Naisbitt also said an unprecedented fall in the unemployment rate is fuelling improved consumer confidence, and he is confident that with inflation falling to 1.3%, average earnings growth looking like actually over-taking inflation.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Cardiff-based Forward Waste Management

Money will support the company, which serves the manufacturing sector, with Welsh and West Midland growth plans.

Bulletin

Where Next?