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Business leaders welcome new Kingsway office works

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Business leaders in Swansea have welcomed the imminent start of works on a major new office development on The Kingsway.

Led by Swansea Council, the development set for the former Oceana nightclub site will provide space for 600 jobs.

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Bouygues UK are now on board as the council’s main contractor for the scheme, which will include 114,000 square feet of commercial floorspace with flexible co-working and office opportunities for innovative tech, digital and creative sector businesses.

Construction work will start in coming weeks on the five-storey scheme. Due for completion in the summer of 2023, the development will be carbon zero in operation and worth £32.6 million to Swansea’s economy once complete.

Lisa Hartley, Quadrant Shopping Centre Manager, said: “This is yet another exciting regeneration scheme in Swansea to look forward to as our city’s major redevelopment continues.

“With the way city centres throughout the UK are changing, more office developments and accommodation are needed to create the kind of spending our businesses need to succeed and expand. This development will combine with others to help meet that need, while also assisting with the attraction of new businesses and more investment.  

“Also – as we’ve seen with the Copr Bay phase one district – construction itself will benefit city centre businesses too because that’s where construction workers will likely be spending their money on food, drinks, accommodation, shopping and other services.”

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Russell Greenslade, Chief Executive of Swansea Business Improvement District (BID), said: “The start of construction work soon at the new office development is even further encouraging news for Swansea city centre, at a time when so many projects are combining to ensure Swansea is in a strong place to bounce back from the impact of the pandemic.

“This new development will further improve The Kingsway, following-on from the major transformation scheme there that’s already attracting investment from the private sector.

“Footfall is the lifeblood of any business. By providing space for 600 jobs, the new office development will support our city centre by generating more spending in our shops and other businesses, with the flexible, co-working nature of the development catering for how office environments could best function in future.”

The development is part of the Swansea City and Waterfront Digital District project being part-funded by the £1.3 billion Swansea Bay City Deal. It is also supported by the European Regional Development Fund through the Welsh Government.

The scheme will feature state-of-the-art digital connectivity, a roof terrace, plenty of greenery, and balconies overlooking the city centre and Swansea Bay.

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Two underground levels will also be included as part of the development. Public access is planned, as well as a new link between The Kingsway and Oxford Street. Temporary surfacing has been deliberately laid in front of the development site, with permanent paving to be installed there once main construction work has finished.

Access to businesses nearby will be maintained throughout the construction works.

(Lead image: Swansea Council)

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Llanelli

West Wales car dealership to double in size

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Dafen-based Llanelli Motor Company have broken ground on a new development that will see their forecourt double in size over the coming months.

Led by Managing Director Ian Jonathan, the two-phase project will see the independent car dealership increase the number of used vehicles it has on sale to over 400 by January 2023.

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“It’s certainly an exciting period for the business,” said Ian, “and with the significant changes to the used car market, we felt now was the right time to start the project, which has been in the pipeline for over five years.”

Although the business was potentially looking at 2020 as a start date for the developments, the Coronavirus Pandemic put the brakes on the project.

However, since the easing of lockdown restrictions and the delay in obtaining new vehicles, the used car market has seen an unprecedented spike in demand.

Dafen based Llanelli Motor Company is planning to double in size
The company have broken ground on an expansion that will see over 400 cars on sale by the end of January 2023

“The last 12 months have been exceptionally busy,” continued Ian.

“No sooner are we finalising our 140-point safety check on vehicles before placing them on the forecourt, than they are being purchased within a matter of days”.

With the ability to stock 150 nearly new vehicles of all makes and models at the moment, the 1-acre expansion will increase this to 250 by September before more than doubling it to 400 by the spring of 2023.

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In order to facilitate this growth, the company will also be entering a recruitment phase and looking to employ at least 10 new members of staff across its sales, workshop and admin teams as well as taking on new apprenticeships.

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Technology

£67k contract win with leading power tools specialists for Swansea’s Uplands Communications

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Uplands Communications is celebrating a major contract win to the tune of £67k, having closed a deal with a division of Techtronic Industries EMEA Ltd.

The deal sees the Swansea-headquartered telephony specialists supply connectivity for more than 130 users.

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Techtronic owns brands including Ryobi, Milwaukee and AEG. The company enjoyed record 2021 worldwide sales of US$13.2 billion and has more than 51,000 employees.

Paul Hooper, MD of Uplands Communications, which is based in Swansea, said: “We are pleased to forge a new partnership with Techtronic Industries EMEA Ltd, a leaders in its field which is committed to ensuring its customers receive the best experience whenever they interact with the business.

“The past two years have been challenging for businesses across all industries, including for telephony and communications, and, of course for construction and for their supply chain colleagues.

“However, we are seeing, across the board, companies becoming increasingly aware of the need to make sure their communications are in the best shape possible and are modern and fit for purpose.

“The pandemic has brought about a sea-change in the way consumers and businesses interact with each other. Carefully-tailored telephone and communications solutions are more essential than ever if businesses want to thrive.”

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Natasha Russell, Financial Accountant at Techtronic said: “We operate a multi-million pound operation across a range of products and sites and we deal with a broad customer base – both commercial and domestic.

“The solution we sought from Uplands will give us a more seamless billing functionality and smoother processes, as well as more robust day-to-day support. We are pleased to enter into an agreement with Uplands Communications and we look forward to our ongoing relationship with them.”

Uplands Communications, based at Swansea Enterprise Park, is a leading managed services company delivering flexible voice, data and mobile communications.

The firm, which has its HQ in Swansea and an office in Somerset, specialises in independent network management and providing bespoke, converged solutions that aren’t tied to technology and supplier.

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Money

64% of Wales employees set to leave due to cost of living

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couple talking while moving in new apartment

During the biggest cost-of-living crises most people will have ever experienced, only 6% of employees in Wales believe their employer is doing enough to support them through the crisis.

Even though staggering 72% believe their employer has a responsibility to support them through the current climate.

That’s according to new research from Blackhawk Network, which says that according to employees, employee benefits are no longer just added incentives, they are now a way for employers to support their staff.

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It says it’s now essential employers are informed on what employees want and ultimately need from benefits schemes to help guide them through the cost-of-living crisis.

Other key findings in Wales show 94% of employers agree that they have a duty to support their employees as the cost-of-living rises, with 79% of employees saying employee benefits play, or could play, an important role in improving the cost-of-living 

Almost two thirds (64%) would leave their current job in order to find an opportunity that provides better financial support during the current cost-of-living crisis. 

The findings come from research conducted by Blackhawk Network in conjunction with Sapio, to support the launch of its new Blackhawk Network Extras Benefits Platform.

Workplace benefits are hot property at a time of crisis  

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According to the UK-wide data, 85% of employers agree that they have a duty to support their employees as the cost-of-living rises. While raising wages might seem a simple fix, businesses are also impacted by rising costs and inflation making pay increases unviable. But that doesn’t mean there’s nothing they can do to help. 83% of employees agree that workplace benefits play an important role in helping to balance finances as the cost-of-living continues to rise; and 95% of employers agree.

It is telling that almost a quarter (24%) of employees admit they’ve already used their benefits package more during the cost-of-living. In addition, almost three quarters (73%) of employer’s state that prospective employees are looking for employee benefits as part of the solution to the crisis.  

Employers must dial-up on support to have real impact  

The report says that dialling-up cost-of-living support through employee benefits is a must when talent is at risk. For example, salary sacrifice, where employees are offered the option to pay for services or products from their salary before they receive it to reduce tax, can be found with offers such as Cyclescheme, on technology or gym memberships, to save money that would otherwise eat into pay. However, there are still barriers to overcome.

When employees were asked what the term ‘salary sacrifice’ meant, almost three quarters (73%) admitted they did not fully understand it, including 18% who had not idea at all. In contrast, to almost all employers (98%) believing employees understand it to some degree. There is a clear disconnect between the employer and the employee, yet salary sacrifice can save employees money and help in mitigating the effects of the cost-of-living crisis. 

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If employers want to support employees, they need to make information about benefits, like salary sacrifice, more accessible and digestible to prove that it can have a real-life impact on their current financial situation by making their pay go further.

Over half (53%) of employees say they would be more likely to use salary sacrifice schemes if they had a better understanding of how they work. But this is an issue that only employers can fix. Better communication is essential to close the perception gap on employee benefits to be the support employees want and need during the cost-of-living crisis. 

Chris Ronald, VP EMEA Incentives & Operations at Blackhawk Network said: “It is becoming increasingly clear that employers have a vital role to play supporting their employees during the cost-of-living crisis. But the rising costs also mean that businesses are unable to offer blanket wage increases.

“Our research takes an in-depth look into the current state of employee benefits and the perceptions of the employees who are in a position to use them. With the release of this research, we hope to give businesses the tools they need to improve their benefit packages so they continue to support staff throughout the crisis.” 

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