Four Wales-based companies have been named among the best rural businesses in the country after winning a national Amazon-sponsored Rural Business Awards. Now in its fourth year, the Rural Business Awards is the only UK-wide programme dedicated to showcasing the success of rural businesses.
The Welsh Rugby Union has confirmed funding worth £40m in support of the WRU’s commitment to professional and community rugby in Wales. The deal, which has been completed by NatWest’s corporate coverage and structured finance teams, includes revolving credit facilities and ongoing working capital needs. The funding package will enable the WRU to continue to support Welsh rugby’s professional rugby strategy, which is ultimately aimed at delivering international and regional performance consistency. In its most recent annual report the WRU announced a record turnover of £97m thanks to a 30% increase in revenue. It also successfully reduced the debt of the Principality Stadium to £6.2m.