Browsing: Business

Photo by alh1 (CC BY-ND 2.0)  Walk out of Bangor via beach road and take the first left. You’ll find yourself ambling down to Porth Penrhyn. The initial impression is that of your average boatyard.  A few fishing boats, yachts and occasionally some interesting cargo. A good place for a different view of Bangor.  Yet leaving the harbour you may notice the markings of a train line. A tunnel under the bridge leads you out of the port and along the river Cegin. It was along this path that the Penrhyn Quarry Railway once stood, transporting slate from the Penrhyn…

Photo by Giuseppe Milo (CC-BY-3.0) Crowd 1: a marketing platform, where users can distribute products, tap into burgeoning industries, and make millions. All users have to do is pay for training, pick a product from their portfolio, and start selling it. Festooned with cruises, luxury dinners in Stockholm, and ever more ‘millionaires’, it’s hard to see why anyone wouldn’t want to be a part of this self-proclaimed revolution. The praises go on. From their South African beginnings, Crowd 1 is now expanding into South East Asia and India. Soon they’ll have a partnership with an Australian esports company, then a partnership…

Photo by flazingo_photos (CC BY-SA 2.0) The Universities Business Challenge has started, and Bangor’s most enterprising business students have entered the contest. Six teams from Bangor are up against teams from universities across the country.  For a chance to progress into the next round they must first prove their skills in the boardroom, taking up positions in a virtual company and nurturing it back to profit. Students will need to balance production, marketing, product development, and a plethora of other factors if they are to succeed. This may require a decent dose of business acumen! I caught up with some…

When looking at the modern world of financial crime, the immediate image conjured is one of cryptocurrencies and digital communications allowing for the sale of arms, drugs and other contraband to pass through borders unchecked, making criminal gangs large sums of money. Yet to launder this money and make these transactions without trace there’s a more traditional culprit. Cash. And one specific purple hued piece of paper, until 27th April 2019, was the currency of choice for criminals worldwide.  Robert Saviano described young Camorristi of the Neapolitan mafia as being obsessed with its significance. Theodorous Rakopoulous described how during his…

Work is due to ‘start soon’ to repair the damage caused by the fire which burned Noodle One last year. This news comes with praise from Arfon’s representatives in the Senedd and Parliament, as well as Bangor’s mayor, but all three have expressed the need for a firm start date. In Dec 2019, fire broke out in the flat above Noodle One on Bangor High Street, resulting in the permanent closure of the business and significant fire damage. All that currently remains is a scaffold supporting what was a very popular restaurant. For nearly a year now this scaffold has…

Wales re-entered what is known as a ‘firebreak’ lockdown last Friday, shutting down all non-essential businesses. Mark Drakeford, first minister of Wales, has described the lockdown as a “short, sharp, shock to turn back the clock, slow down the virus and buy us more time”. With some non-essential businesses having only been allowed to open as late as August, this 17-day firebreak is sure to be a serious blow. Seren decided to talk to a number of small business owners to find out how they feel about the newest government lockdown. Sparx – Costume Shop – High Street – “It’s…

The Welsh government ordered on Friday that supermarkets can only open the parts of their business selling essential goods, for the duration of the Welsh firebreak lockdown. On Sunday, the incumbent government confirmed that the ban would remain in place. Mark Drakeford has cited the purpose of the new restriction as creating a “level playing field” between supermarkets and non-essential businesses which have been forced to close entirely. “Well what do they define as non-essential? What’s essential to one person might be non-essential to another,” said Eleri ‘Clena’, owner and manager of Café Clena, in Upper Bangor. “You don’t know…

If you are interested in the markets and want to start trading stocks, you will have most likely come across the fetid pool of commission free trading apps. These have sprung up over the last few years and provide a free service with apparently no catch.  Services like trading 212, etoro, Robinhood (US only) and plus500 may ring bells due to their seemingly never-ending slew of recent online ad campaigns. In one etoro advert, big name boss baby Alec Baldwin berates the potential user for missing out on massive tech stock opportunities when they could have simply signed up for…

Viridian is a new café that has recently opened on the High Street (307-309 High St, Bangor, Wales) where Follow Your Bliss and Two Guys from Brussels have both set up camp before. It is a vegan café that opened in November 2019 and offers dishes such as soup, sandwiches, wraps, mac and cheese (vegan, obviously) and desserts. According to the website Happy Cow, the café has outdoor seating, accepts credit cards and has free Wi-Fi. Having only been open for less than two weeks, the café has a five star rating on the Happy Cow website. One reviewer states…

After the conglomerates have hoarded the end of November with Black Friday and its counterparts (Cyber Monday, Cyber Week etc.), a more organic campaign follows which has been coined as Small Business Saturday which happens, in the UK, on the first Saturday of December each year. Small Business Saturday is a major event in the United States which happens on the 30th November. The tradition has been passed over to the United Kingdom on a much smaller scale and occurs on the 7th December this year. It is described as a ‘grassroots, non-commercial campaign which highlights small business success and…

For me, it really is the most wonderful time of the year. Seeing the Christmas adverts start to pour in mid-November time confirms the start of the festivities. All major brands and companies have seemed to jump on the bandwagon of Christmas adverts – some use comedy, others pull at the heart strings. Over the past few years, there have been a couple of front runners such as John Lewis and Sainsbury’s. I love the Christmas adverts that are made by companies as they are so enjoyable. It’s undeniable that the adverts have online success; John Lewis & Partners and…

Holiday marketing has become more popular in recent years. Black Friday is namely one of the biggest, internationally renowned shopping days of the year. Originating in America and finding its feet overseas, the phenomenon has also taken over the online world. Many companies have, and will, send e-mails and create advertisements that inform the consumer of ‘Cyber Monday’ and ‘Cyber Week’ sales. Heavy discounts off of a range of different products lead to a huge increase in sales around the end of November. The Office for National Statistics said “online sales accounted for more than a fifth of spending.”  The…

On September 15 last year, 58-year old Llandudno hairdresser suffered a heart attack and died after a man armed with a claw hammer knocked on her patio door, telling his life was threatened. Carole Ann Wall, 58, of St David’s Road, Llandudno, collapsed while making a 999 call to the police. In a recent inquest held regarding Mrs. Wall’s death, Home Office pathologist Dr Bryan Rogers said that the actions of the hammer-wielding man, Kevin John Chambers, 37, of Pen y Cwm, Llandudno, had “led to the event after which Carole Wall died”. Dr Rogers also said: “I would like…

Just a few years ago there was a lot of uncertainty over whether Jaguar Land Rover would even survive, a sharp contrast to 2012 then in which the company has seen it’s best ever sales. Largely due to it’s expansion into China, Jaguar Land Rover have seen a 29% sales increase from last year with a total of 314,433 vehicles sold. The Range Rover Sport is still the company’s biggest seller with the most recently launched Evoque jumping into second place. The recently facelifted XF remains Jaguar’s best selling model. As previously mentioned, China is where the biggest sales increases…

1. University is the best time To start a business. Test out your new ideas on the large group of peers available and if you’re receiving funding or working part-time don’t worry if your ideas don’t pay the bills straight away. University is the best time To start a business. Test out your new ideas on the large group of peers available and if you’re receiving funding or working part-time don’t worry if your ideas don’t pay the bills straight away. 2. Join the Bangor University Business and Enterprise Society (BUBES!). You can socialise with like-minded people, attend trips to large enterprises…

As soon as Halloween rolls around, the shops bring the Christmas stock out. This year with the recession riding us, shops are struggling to sell it on. Arcadia has already announced the loss of 260 stores UK wide. It is Christmas time though and all across the UK the effort is being made to provide festive entertainment to the masses. Where ever you are at Christmas this year they’ll be a Christmas market nearby. Here in Bangor, our closest is Liverpool Christmas Market. Open until the 22nd December it offers produce from all over the world, including this year’s new…

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