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New drive supports women entrepreneurs

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ECONOMY MINISTER, Ken Skates is calling on the business community to support a new initiative aimed at increasing the number of women entrepreneurs in Wales and providing them with the best possible support.

The Welsh Government’s new Supporting Entrepreneurial Women programme was informed by the work of a panel of experts, convened in 2017 to consider how best to encourage, develop and support female entrepreneurship in Wales.

The panel, chaired by Helen Walbey, considered an array of academic evidence and literature on women in entrepreneurship, spoke to a range of businesswomen, representative groups and partner bodies, and aligned its work with the principles of the Massachusetts Institute of Technology’s Regional Entrepreneurship Acceleration Programme which is championed by Be the Spark in Wales.

The result is a new Framework for Supporting Entrepreneurial Women in Wales and a Good Practice Guide to inform how the Welsh Government and business community works to drive the number of women entrepreneurs in Wales.

The Welsh Government have also responded by publishing the Business Wales Action Plan which identifies 10 specific ways in which the Welsh Government and business community can improve. From providing more gender focussed business support and confidence building, increasing the number of female business advisors and mentors in Wales and promoting the career successes of prominent female entrepreneurs including through business awards, the action plan aims to create the right environment in which female entrepreneurs can prosper.

There is also renewed focus on engagement with women entrepreneurs to understand the barriers they face, improved availability of finance options with no restrictions that unfairly affect women, and a Good Practice Guide that encourages business support organisations to adopt ways of working that support female Entrepreneurship.

The Economy Minister launched the Framework, Good Practice Guide and the Action Plan at a celebratory event in Capital Law. This will be followed by regional events, jointly organised by the Welsh Government and Lloyds Bank, to ensure that business groups right across Wales are aware of the new resources and their role in supporting female entrepreneurship.

The Economy Minister said: “The underrepresentation of women both as business owners and at a senior executive level is well evidenced and there is no doubt the gender gap is hindering women from achieving their full economic and personal potential.

“Our Economic Action Plan focuses on creating the right environment to enable entrepreneurs to prosper and grow and obviously this must apply to women, just as much as men.

“The work undertaken by the panel of experts recognised the progress that we as the Welsh Government and business representative groups have made in recent years in supporting female entrepreneurship – but the message is clear. We must do more, and with Brexit presenting challenges of an unprecedented scale, now more than ever we need our best talent around the table.

“I call on the business community and financial institutions to work with us to adopt a more gender focussed approach to their work. I hope they will use our new Framework and Good Practice Guide to ensure they play their part in building an environment where women entrepreneurs are encouraged and properly supported to reach their full potential.“

Jane Hutt, Deputy Minister and Chief Whip said: “All women should be given equal opportunities and representation at the most senior level. Helping to understand and remove barriers that women face in entrepreneurial opportunities will support the potential growth of women in business. Through this support, we hope women will be more fairly represented and can flourish in the business sector.

“Although, there is still so much more we can do to achieve better gender equality, this initiative will help women to achieve their full potential and to move away from the underrepresentation of women at senior roles.”

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Business

Aldi launches Jubilee Street Party Fund with £500 vouchers being given away

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ALDI is calling on streets across the UK to enter a competition to win funding for the ultimate Jubilee bash.

The supermarket’s Jubilee Street Party Fund will see it give away a series of £500 Aldi vouchers to help communities up and down the country celebrate Her Majesty’s big day.

Ten lucky winners can use the vouchers to purchase food, drinks and decorations from Aldi’s Jubilee-inspired range, such as its Eton Mess Gin Liqueur and light-up, shimmering Strawberry and Mint Gin Liqueur, Specially Selected English Sparkling wines, Jubilee IPAs and Jubilee gourmet popcorn, giving them everything they need to toast the Queen’s reign.

Aldi’s Facebook page is hosting the competition, with entrants asked to tag their local community Facebook group or a friendly neighbour to be in with a chance of winning.

Entries are open from now until 8am on Thursday 26th May and T&Cs apply.

Winners will be contacted on Friday 27th May to allow plenty of time for them to stock up on all their street party essentials.

Richard Thornton, Communications Director at Aldi UK, said: “Winners of our Jubilee Street Party Fund competition will receive vouchers to buy all they need to celebrate this momentous occasion with their neighbours.

“We want to make it as easy as possible for communities to come together to organise their street parties, and look forward to seeing how the lucky winners of our competition decide to mark the big day.”

To find out more and enter the competition visit: https://fb.watch/db1SIlL-t5/

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Average UK price of diesel hits record of more than £1.80 a litre

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LESS than two months after Chancellor Rishi Sunak announced a 5p a litre cut on the average price of fuel – diesel prices have reached a record high price of 180.29p a litre.
The previous high of 179.90p was recorded on March 23rd 2022 – the day of the Spring Statement from Sunak.

In recent weeks, the UK government has tried to move away from its reliance on importing Russian oil, following President Putin’s invasion of Ukraine.

Worryingly for drivers of petrol cars, the price per litre is fast approaching the record levels of 167.3p per litre set on March 22nd.

This latest price rise adds another challenge to UK households, as the cost of living crisis continues to impact families across the country.

RAC fuel spokesperson Simon Williams said: “Sadly, despite the Chancellor’s 5p a litre duty cut the average price of a litre of diesel has hit a new record high at 180.29p.”

“Efforts to move away from importing Russian diesel have led to a tightening of supply and pushed up the price retailers pay for diesel.”

“While the wholesale price has eased in the last few days this is likely to be temporary, especially if the EU agrees to ban imports of Russian oil.”

“Unfortunately, drivers with diesel vehicles need to brace themselves for yet more pain at the pumps. Had Mr Sunak reduced VAT to 15% as we call on him to do instead of cutting duty by 5p, drivers of diesel vehicles would be around 2p a litre better off, or £1 for every full tank.”

“As it is, drivers are still paying 27p VAT on petrol and 29p on diesel, which is just the same as before the Spring Statement.”

“The average price of petrol is also on the rise having gone up nearly 3p a litre since the start of the month to 166.65p which means it’s less than a penny away from the all-time high of 167.30p set on 22 March.”

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Beware of fake E.ON refund emails, warns Action Fraud

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ACTION FRAUD – the UK’s national reporting centre for fraud and cybercrime – has said scammers are impersonating Eon in an attempt to steal the recipient’s money and financial details.

The UK’s energy crisis has seen household utility bills rocket following the price cap increase this April, scammers are seeing this as an opportunity to fleece unsuspecting residents out of their hard-earned cash.

Action Fraud said today it has received 449 relating to fake emails – known as phishing – purporting to come from E.ON.

The emails state that the recipient is owed an £85 refund due to an ‘overcharge’.

Action Fraud has said the links to the emails lead to a ‘genuine-looking website’ but they are designed to steal a personal details.

Phishing is a method used by scammers, using fake emails or web links which look trustworthy and familiar, to gain access to sensitive information such as passwords and bank details or to infect your device with malware.

Phishing emails are a very common type of cyber attack and because they’re made to look like they’re from an official source, they’re easy to fall victim of.

They could be from a business you’re a customer of – your gas and electricity supplier, for example – asking you to manage your account or pay a bill.

If you’ve had a suspicious email from someone claiming to be from E.ON, forward it to phishing@eonenergy.com for their cyber security team to investigate, if you’re a customer or not, and then delete it immediately.

Email safety tips

E.ON has listed four things you can check if you’ve received an email claiming to be from us.

  1. Check the sender’s address

The senders email address may look trustworthy at first, but the name after the ‘@’ (the domain) can give you a clue as to whether it’s bogus. For example if the email is sent from: @eonHelpDeskUK.com, this is likely a malicious phishing attempt, as we’d only send emails from @eonenergy.com.

  1. Is the greeting personal?

A genuine email will address you by your full name, and not a generic term like ‘sir’, ‘madam’, or ‘loyal customer’.

  1. Be cautious

If you’re using a mouse, hover over any links you’re unsure of before clicking on them, just to see if the link address looks genuine. If you’re unsure, go to the website directly instead of using the link in the email.

  1. How does it look?

Check the grammar, tone and design of any emails which you receive. Look out for inconsistent fonts, unusual characters and punctuation.

Remember, if you’re unsure, forward the email to phishing@eonenergy.com and our cyber security team will investigate.

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