Economy Of Cardiff
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Economy Of Cardiff
As the capital city of Wales, Cardiff is the main engine of growth in the Welsh economy; the city has been developing as a significant service centre and economic driver for the wider south east Wales economy. The city and the adjoining Vale of Glamorgan contribute a disproportionately high share of economic output in Wales. The Cardiff travel to work area has grown significantly since 1991; the 2001-based version includes much of the central South Wales Valleys in addition to the Vale of Glamorgan. In the 19th century, the economy of Cardiff benefitted most from coal exportation and steel production. Cardiff's port became the world's most important coal port, handling more than London and Liverpool. Today, Cardiff is a centre for white-collar professions. The city relies principally on the retail, finance, media and tourism sectors, and has been undergoing major regeneration since the late 20th century particularly in Cardiff city centre and Cardiff Bay. Economic data GDP ...
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Capital City
A capital city or capital is the municipality holding primary status in a country, state, province, Department (country subdivision), department, or other subnational entity, usually as its seat of the government. A capital is typically a city that physically encompasses the government's offices and meeting places; the status as capital is often designated by its law or constitution. In some jurisdictions, including several countries, different branches of government are in different settlements. In some cases, a distinction is made between the official (constitutional) capital and the seat of government, which is List of countries with multiple capitals, in another place. English language, English-language news media often use the name of the capital city as an alternative name for the government of the country of which it is the capital, as a form of metonymy. For example, "relations between Washington, D.C., Washington and London" refer to "United Kingdom–United States rel ...
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Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ...
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Barry, Vale Of Glamorgan
Barry ( cy, Y Barri; ) is a town in the Vale of Glamorgan, Wales, on the north coast of the Bristol Channel approximately south-southwest of Cardiff. Barry is a seaside resort, with attractions including several beaches and the resurrected Barry Island Pleasure Park. According to Office for National Statistics 2016 estimate data, the population of Barry was 54,673. Once a small village, Barry has absorbed its larger neighbouring villages of Cadoxton and Barry Island, and now, Sully. It grew significantly from the 1880s with the development of Barry Docks, which in 1913 was the largest coal port in the world. Etymology The origin of the town's name is disputed. It may derive from the sixth-century Saint Baruc who was buried on Barry Island where a ruined chapel was dedicated to him. Alternatively, the name may derive from Welsh ', meaning "hill, summit". The name in Welsh includes the definite article. History Early history The area now occupied by Barry has seen human ac ...
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Liverpool
Liverpool is a city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the 10th largest English district by population and its metropolitan area is the fifth largest in the United Kingdom, with a population of 2.24 million. On the eastern side of the Mersey Estuary, Liverpool historically lay within the ancient hundred of West Derby in the county of Lancashire. It became a borough in 1207, a city in 1880, and a county borough independent of the newly-created Lancashire County Council in 1889. Its growth as a major port was paralleled by the expansion of the city throughout the Industrial Revolution. Along with general cargo, freight, and raw materials such as coal and cotton, merchants were involved in the slave trade. In the 19th century, Liverpool was a major port of departure for English and Irish emigrants to North America. It was also home to both the Cunard and White Star Lines, and was the port of registry of the ocean li ...
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Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron ...
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Tiger Bay
Tiger Bay ( cy, Bae Teigr) was the local name for an area of Cardiff which covered Butetown and Cardiff Docks. Following the building of the Cardiff Barrage, which dams the tidal rivers, Ely and Taff, to create a body of water, it is referred to as Cardiff Bay. Tiger Bay is Wales’ oldest multi-ethnic community, with sailors and workers from over 50 countries settling there from the mid-19th century onwards. Background Cardiff Docks played a major part in Cardiff's development as it was the means of exporting coal from the South Wales Valleys to the rest of the world, helping to power the Industrial Age. The coal mining industry helped fund the growth of Cardiff to become the capital city of Wales, and contributed towards making the docks' owner, the 3rd Marquess of Bute, the richest man in the world at the time. In 1794, the Glamorganshire Canal was completed, linking Cardiff with Merthyr, and in 1798 a basin was built, connecting the canal to the sea. Increasing ...
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Port
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Hamburg, Manchester and Duluth; these access the sea via rivers or canals. Because of their roles as ports of entry for immigrants as well as soldiers in wartime, many port cities have experienced dramatic multi-ethnic and multicultural changes throughout their histories. Ports are extremely important to the global economy; 70% of global merchandise trade by value passes through a port. For this reason, ports are also often densely populated settlements that provide the labor for processing and handling goods and related services for the ports. Today by far the greatest growth in port development is in Asia, the continent with some of the world's largest and busiest ports, such as Singapore and the Chinese ports of Shanghai and Ningbo-Zhou ...
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Quay
A wharf, quay (, also ), staith, or staithe is a structure on the shore of a harbour or on the bank of a river or canal where ships may dock to load and unload cargo or passengers. Such a structure includes one or more berths (mooring locations), and may also include piers, warehouses, or other facilities necessary for handling the ships. Wharves are often considered to be a series of docks at which boats are stationed. Overview A wharf commonly comprises a fixed platform, often on pilings. Commercial ports may have warehouses that serve as interim storage: where it is sufficient a single wharf with a single berth constructed along the land adjacent to the water is normally used; where there is a need for more capacity multiple wharves, or perhaps a single large wharf with multiple berths, will instead be constructed, sometimes projecting over the water. A pier, raised over the water rather than within it, is commonly used for cases where the weight or volume of cargos will be ...
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Taff Vale Railway
The Taff Vale Railway (TVR) was a standard gauge railway in South Wales, built by the Taff Vale Railway Company to serve the iron and coal industries around Merthyr Tydfil and to connect them with docks in Cardiff. It was opened in stages in 1840 and 1841. In the railway's first years, the coal mining industries expanded considerably and branches were soon opened in the Rhondda valleys and the Cynon Valley. The conveyance of coal for export and for transport away from South Wales began to dominate and the docks in Cardiff and the approach railway became extremely congested. Alternatives were sought and competing railway companies were encouraged to enter the trade. In the following decades further branch lines were built and the TVR used " motor cars" (steam railway passenger coaches) from 1903 to encourage local passenger travel. From 1922 the TVR was a constituent of the new Great Western Railway (GWR) at the grouping of the railways, imposing its own character on ...
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Glamorganshire Canal
The Glamorganshire Canal in South Wales, UK, was begun in 1790. It ran along the valley of the River Taff from Merthyr Tydfil to the sea at Cardiff. The final section of canal was closed in 1951. History Construction started in 1790; being watched over by the wealthy ironmasters of Merthyr Tydfil, including Richard Crawshay of the Cyfarthfa Ironworks, the canal was thought up as a solution to the issue of transporting the goods (iron ore, coal and limestone) from the valleys to Cardiff, where they would be shipped around the world. Thomas Dadford was hired to inspect and plan a route for the canal and, with support from Lord Cardiff, the canal was authorised by Parliament on 9 June 1790. Almost £90,000 was raised in preparation of constructing the canal and would be linked to any works within four miles of the canal, through branch canals and linking railways. However, during the few miles approaching Cardiff, the canal suffered from severe water shortages, resulting in goods ...
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River Taff
The River Taff ( cy, Afon Taf) is a river in Wales. It rises as two rivers in the Brecon Beacons; the Taf Fechan (''little Taff'') and the Taf Fawr (''great Taff'') before becoming one just north of Merthyr Tydfil. Its confluence with the River Severn estuary is in Cardiff. The river supports several species of migratory fish, including salmon, sewin (sea trout), and eel. Course From its confluence at Cefn-coed-y-cymmer, the river flows south, passing several towns. It picks up a few tributaries, such as the River Cynon, River Rhondda, Bargoed Taf and Nant Clydach. It flows through Pontypridd and through to Taff's Well, the site of Wales' only thermal spring. It flows underneath the M4 Motorway, before turning southeastward and flowing past the Cardiff suburbs of Radyr, Whitchurch, Llandaff, Pontcanna, the city centre and Grangetown, before emptying into Cardiff Bay, near to the mouth of the River Ely. Taf Fawr The Taf Fawr rises below the peak of Corn Du, south- ...
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Merthyr Tydfil
Merthyr Tydfil (; cy, Merthyr Tudful ) is the main town in Merthyr Tydfil County Borough, Wales, administered by Merthyr Tydfil County Borough Council. It is about north of Cardiff. Often called just Merthyr, it is said to be named after Tydfil, daughter of Brychan Brycheiniog, King Brychan of Brycheiniog, who according to legend was slain at Merthyr by pagans about 480 CE. generally means "Martyr of the Faith, martyr" in modern Welsh, but here closer to the Latin : a place of worship built over a martyr's relics. Similar place names in south Wales are Merthyr Cynog, Merthyr Dyfan and Merthyr Mawr. History Pre-history Peoples migrating north from Europe had lived in the area for many thousands of years. The archaeological record starts from about 1000 BC with the Celts. From their language, the Welsh language developed. Hillforts were built during the British Iron Age, Iron Age and the tribe that inhabited them in the south of Wales was called the Silures, according to Tacitu ...
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