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Capital gains

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Despite recent office closures and job losses, Cardiff has established its credentials as a financial services centre of some note, and a steady flow of new companies are now singling out South Wales as an ideal base for operations. Jonathan Swift visited a region on the up

Like many cities in the UK, Cardiff has been hit by the rationalisation and closure of regional insurance offices. In July 2006 Axa announced plans to close its Cardiff office as part of a wider UK

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