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Swansea Building Society appoints new non-executive director

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Swansea Building Society, ranked the most profitable building society in the UK last year, has appointed a new non-executive director – Malcolm Hayes.

Hayes comes to the role with extensive executive and board level experience gained within several major UK clearing banks, a specialist lending group, an ethical bank, and a large mutual credit union.

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After starting his career with NatWest, Hayes went on to spend over 25 years in Lloyds Banking Group, where he held senior risk and credit positions in the bank’s business and commercial divisions.

His 40-year career has seen him hold executive positions as chief risk officer, operational risk & compliance director, control function director, head of credit audit and head of enterprise-wide risk management.

Having retired from executive roles in 2019, following five years as the chief risk officer of Paragon Banking Group, Hayes currently also holds non-executive director roles at Reliance Bank Ltd and as chair of the board of directors of Citysave Credit Union Ltd.

He also has previous board experience as a director of the Agricultural Mortgage Corporation PLC and AMC Bank Ltd – wholly owned subsidiaries of Lloyds Bank PLC – and served as a board director of a Lloyds Bank subsidiary established to undertake residential property development.

Hayes’ new non-executive director role with Swansea Building Society sees him sit on the Society’s audit committee, risk committee and asset & liabilities committee.

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Malcolm Hayes, non-executive director at Swansea Building Society, said: “I’m very excited to be taking on this new non-executive director role with Swansea Building Society. The Society’s vision and ethics are truly inspirational, and the success the Society has achieved in recent years is a tribute to its customer-focused, common-sense approach to lending. I hope that the experience I bring to the role can help the society continue its success and allow it to help even more people build a better future for themselves and their families.”

Alun Williams, chief executive officer at Swansea Building Society, added: “We are delighted to welcome Malcolm to his new role of non-executive director. Malcolm has extensive experience, over many years, which will be invaluable in helping Swansea Building Society build on our success and achieve our business aims.”

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Swansea Bay NHS

Plans for Vascular Hybrid Theatre at Morriston Hospital get a major boost

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Plans for a state-of-the-art new operating theatre at Morriston Hospital which combines a traditional operating room with advanced medical imagery, have taken a huge step forward.

Health and Social Services Minister Eluned Morgan has endorsed the high level multi million pound proposal. This means Swansea Bay University Health Board can now develop the next-stage detailed business case for the Vascular Hybrid Theatre for South West Wales.

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Vascular surgery treats patients with diseased arteries and veins. Blocked arteries can result in limb loss (amputation) and swollen blood vessels (aneurysms) which can burst, resulting in sudden death.

The Vascular Hybrid Theatre, the first in South West Wales, will combine operating theatre functionality and state of the art X-ray imaging equipment. It will treat around 500 patients a year, and some patients who currently need to go to England for treatment will be able to have their care in Swansea instead. The theatre could open early in 2025.

The new theatre will be used by Morrison Hospital’s vascular surgeons and radiologists to carry out minimally invasive techniques, often known as ‘keyhole surgery.

Compared with traditional surgery, hybrid operating theatre surgery is less invasive and less traumatic for patients. The hybrid approach will give patients quicker access to surgery and in some cases could mean the difference between limbs, and lives, being saved.

Currently, a significant number of South West Wales’ patients undergo staged procedures during their care, which can lead to multiple or prolonged stays in hospital.

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Swansea bay University Health Board say that access to these new advanced surgical technologies will allow Morriston’s vascular surgeons to perform both minimally-invasive image guided procedures, as well as traditional open surgery. This will not only improve the overall patient experience, but reduce the risk of amputation, reduce the length of stay in hospital and cut waiting times. 

The hybrid theatre will treat patients from the Swansea Bay, Hywel Dda and Powys health board areas.

Investment in the new theatre will also save a significant amount of money for the health service because the surgical techniques the hybrid model supports not only improve patient outcomes, they are also much more efficient.

The hybrid theatre will also support the clinical staff teaching.

Huma Stone, Swansea Bay UHB’s Associate Service Director, Clinical Support Services for Morriston Hospital, said: “We welcome this long awaited development and are excited that we will be able to treat patients using a combination of traditional surgery and the latest minimally invasive (keyhole) treatments at the same time, saving lives and limbs. This also reduces the number of times a patient is admitted, and shortens the patient stay in hospital.”

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Senior Consultant Vascular Surgeon Louis Fligelstone said: “This brings state of the art facilities to west Wales that will enable optimal treatment of patients with swollen blood vessels (aneurysms) and blocked blood vessels and will save lives and limbs, whilst reducing the time patients spend in hospital.” 

(Lead image: Swansea Bay NHS)

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Tyson Fury comes to Swansea as Ware-house Gym celebrates first anniversary

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“Gypsy King” Tyson Fury is making a special appearance at Cwmdu’s Ware-house Gym as the venue marks its first anniversary.

Is he retiring or does he have plans for making another comeback?

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Chris Ware, one of the owners of Ware-house Gym says he’s looking forward to the boxing legend’s live and unscripted visit, which promises a great night of entertainment and maybe even a song or two from the people’s champ himself.

Chris said: “It’s amazing to have such an iconic sports man coming to Swansea. Not only has he inspired so many people through sport but also the way he has battled his own mental health problems.

“His story is amazing on so many levels. He appeals to so many people, and it’s a privilege to have him in the gym.

“Between world class dance brands and now one of the biggest sports stars in the world is coming to Ware-House Gym Swansea, it’s been a great first year.”

The gym opened last year during the height of the pandemic, but despite it’s difficult start the venue has gone from strength to strength.

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It even hosted a pop-up nightclub as Sankeys, one of the UK’s most recognisable club brands announced the opening of their first Welsh venue at the gym.

The Cwmdu venue is now attracting national attention, as the gym became finalists in the UK Active awards for “New Concept, Build or Design of the Year.”

Staff at Ware-House Gym with owner, Chris Ware (centre)

Chris added: “We have pushed and stretched ourselves to provide a 5 star facility that everyone is welcome in.

“When we look back at our plans, we have nearly ticked off every little detail we aimed for. It has been exhausting and stressful but the support of our members and professionalism of our staff has helped us keep the standards so high.

“We have set the bar and we want to move forward as the best gym in the UK.”

Tyson Fury is at Ware-house Gym on Saturday 16 July, with tickets available from Warehouse’s website.

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Swansea shows rise in business growth despite fears high streets are empty

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Swansea BID (Business Improvement District) are celebrating the opening of the 60th new business in Swansea City Centre since January 2020.

According to a recent Federation of Small Business report on Welsh towns, only 3% of people feel their town centres are thriving; but given the impact of Covid-19, Swansea BID have continued to see businesses opening since the pandemic began. 

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High Street Giants Replaced by Independents

Since January 2020, 66 new businesses have opened in the city centre. In the same period, only 27 have closed, with over half of these businesses citing the pandemic as the reason. As many large high street names such as Debenhams, Disney, Topshop and Pizza Express have closed, the rate of smaller, independent businesses opening has increased.

“We have seen strong growth in start-up businesses over the last few years. I think excellent customer service and experience is a key factor in their success,” said Russell Greenslade, Swansea BID Chief Executive. “We have also seen sharp growth in the hospitality sector, independents and more sustainable businesses.”

Responses to the FSB survey showed that 67% of people in Wales feel that their town centres are ‘bad’ or ‘bleak’. The Vision for Welsh Towns report makes a series of recommendations to support and grow businesses in town centres, many of which Swansea BID actively do; including helping to reduce business costs and directly supporting businesses. 

A new independent restaurant has opened at the former Pizza Express chain next to Swansea’s castle

The High Street is Resilient 

Simon Kendrick, Director of the Games Emporium on Swansea’s High Street said the business is likely to renew their lease for another 10 years thanks to their confidence in the developments happening in Swansea.

“We’ve enjoyed growing with the High Street, it has been fabulous to see the once run down and talked down part of town continue its transformation towards a vibrant part of the city’s cultural life,” he said.

“Swansea BID have been helpful in driving some of that change with initiatives like the Big Heart and city-wide treasure trails to drive shoppers our way, as well as more behind the scenes support like advocating reductions in street-table rates for local cafes. 

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“Currently, the BID is assisting us (and many other businesses) with applying for grant funding to renovate our shopfront, which will further enhance the appearance and character of the High Street,” said Kendrick.

Swansea’s High Street has seen massive transformation over the last few years

Investing in Regeneration

With £1bn set to be invested in regeneration projects over the next few years, the landscape of Swansea is set to transform. 

Cllr Robert Francis-Davies, Swansea Council’s Cabinet Member for Regeneration, Investment and Tourism said, “The growth is encouraging. It shows the combination of our business talent and the work the council and its partners are carrying out to regenerate Swansea to create a modern, confident city that’s attracting more and more businesses to invest.

“We’re doing all we can to create an environment where businesses can thrive, such as the £135m Copr Bay district and our work to transform the look and feel of The Kingsway and Wind Street.

“Much more is planned too, including a revamp of Castle Square Gardens, a state-of-the-art office at the former Oceana nightclub site, and the work our development partners Urban Splash are leading on to transform parts of the city centre, including the old St David’s Shopping Centre.

“Our business community, residents and visitors have lots to look forward to.”

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