PR is often used interchangeably with marketing, advertising and is, paradoxically, often misunderstood. While academics, PR gurus and institutions have highly considered descriptions, this vivid explanation attributed to American author S. H. Simmons, sums it up quite nicely. “If a young man tells his date how handsome, smart and successful he is – that’s advertising. If the young ... [More]
Public relations for the SME
“There Is Only One Thing In The World Worse Than Being Talked About, And That Is Not Being Talked About." Oscar Wilde If you are a business owner or working for a small or medium sized business, and are contemplating public relations for the first time then, done correctly, PR could be the rocket fuel for your business. While PR is regarded as essential for larger ... [More]
Cambrian Credit Union calls on FCA to go further with rent-to-own cap
Cambrian Credit Union has welcomed a decision by the Financial Conduct Authority (FCA) to reduce the cap on rent-to-own interest rates, but says the regulatory body should go further. The credit union staged a protest in Rhyl earlier this month warning shoppers of the high interest rates charged by rent-to-own companies. General manager of Cambrian Credit Union said: “We welcome the news of a ... [More]
£5.4m investment will be a ‘game changer’ for Wales’ Zero Waste ambition
Community recycling groups across Wales have welcomed a £5.4m ‘shot in the arm’ from Welsh Government. Eifion Williams CEO of Circular Economy Wales (CEW) CIC welcomed the investment and said the schools programme in particular could be a ‘game changer’ in Wales quest to become a Zero Waste nation by 2050. Eifion said: “Social Enterprises working in our communities across Wales are experts ... [More]
Three Cardiff employers honoured at Credit Unions of Wales Awards
Three major Cardiff employers have received Credit Unions of Wales Awards for helping to improve the financial health of their workforce. Cardiff Council, Cardiff Bus and the Cardiff-based offices of Legal & General were honoured for supporting the welfare of their staff by encouraging them to access a range of affordable financial services from their local credit union. All three ... [More]
The Credit Union difference
Suzie Chetri, director of legal and compliance for Alcumus Group is one of a growing band of professionals who was offered a financial lifeline by a credit union. Suzie, who is originally from Neath and a graduate of Cardiff University, found herself in mounting debt as a young solicitor. “As a student from a working-class background, I financed myself through university,” Suzie explained. ... [More]
Five interest-ing tips to avoid a financial hangover
Thinking of taking a loan to pay for Christmas? The Credit Unions of Wales have put together five tips to help you avoid a financial hangover in January: Check the term of the loan: Low weekly repayments may seem affordable, but check how many weeks, months or years you will be making those payments. Check the total amount paid: The longer you borrow for, the more interest you pay! APR ... [More]
One in six in Wales at risk of unmanageable debt
People in Wales are more susceptible to over-indebtedness than any other country in the UK, with 440,000 at risk of being unable to keep up with credit repayments. More than one in six people in Wales are at risk of being unable to keep up with credit repayments, according to figures from the Money Advice Service. In the lead to the most expensive time of year, Christmas, and to mark ... [More]
Abakhan opens in Altrincham
Leading fabric, yarn and crafting retailer Abakhan is set to open its latest UK store in Altrincham, near Manchester this month (June). The two-storey shop will include a range of crochet yarns and accessories, alongside dressmaking, soft furnishing and quilting fabrics, including the end of line and remnants that the store has become famous for stocking. Upstairs there ... [More]
The credit union difference
As Valentine’s Day gets closer, members of Cambrian have been sharing what they love about their credit union, and it’s quite frankly humbling, says Chris Kay. People often ask what’s the difference between a bank, a building society and a credit union. On the face of it we’re pretty similar and all offer savings and loans. Like banks and building societies, any savings in a credit union are ... [More]