What's On In Swansea

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What's On In Swansea 📍What's On In Swansea
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🌏https://www.whatsoninswansea.com

16/10/2026
16/10/2026
15/10/2026

Christmas Day & Jazz 🎄🎷

We’re open this Christmas Day, with our last bookings at 5pm and live jazz to enjoy. Bookings are already filling up, so reserve your table soon!

A £20 deposit is required per guest. You can cancel and receive a refund up until 11 December. Bookings are for 2.5 hours.

BOOK NOW: www.altitude28skybar.co.uk

15/10/2026

🤯 𝗪𝗵𝗲𝗻 𝗰𝗵𝗲𝗮𝗽 𝗺𝗼𝗻𝗲𝘆 𝘀𝘁𝗼𝗽𝘀 𝘄𝗼𝗿𝗸𝗶𝗻𝗴: 𝗧𝗵𝗲 𝗦𝗶𝗿 𝗝𝗶𝗺 𝗥𝗮𝘁𝗰𝗹𝗶𝗳𝗳𝗲 𝘀𝘁𝗼𝗿𝘆

Sir Jim Ratcliffe loves a good moan about UK taxes and energy prices. But behind his £15bn empire lies a classic lesson in corporate finance, mega-debt, and clever tax structuring. Here’s the simple breakdown of how it all works:

💰 1. The Cheap Debt Boom

After 2008, interest rates plummeted. Ratcliffe took full advantage—borrowing billions at bargain rates to buy up oil and chemical assets like BP’s old plants and Grangemouth in Scotland. Low interest costs meant huge profits, leading to billions paid out in dividends.

🌍 2. The Offshore Tax Setup

To keep tax bills down, Ineos was structured through companies in Luxembourg, Switzerland, and the Isle of Man. Over a 10-year period, the group’s effective global tax rate was around 12.5%—over 8 percentage points below the average UK rate. (And Ratcliffe officially moved his primary residence to tax-free Monaco in 2020!)

📈 3. The Reality Check

Borrowing hard works great when interest rates are low—until the economy shifts.

🔹Soaring Interest: Annual interest payments surged past €1.3bn.

🔹Squeezed Cash Flow: Higher borrowing costs and energy bills led to heavy losses, forcing plant closures and job cuts in Hull and Grangemouth.

💡 The Lesson for Business Owners

Using leverage and tax efficiencies can supercharge growth during expansion cycles. But when interest rates rise, heavy debt catches up fast. At Accountancy Solutions, we help UK businesses navigate changing interest rates, optimise tax legally and ethically, and build long-term balance sheet resilience.

👉 Need help keeping your financial strategy stress-tested? Drop us a message today or visit accountancy-solutions.co.uk!

💬 What’s your take on high-leverage business strategies in today's interest rate environment?

Let us know below! 👇

13/10/2026

Pancakes + sunshine = pure perfection ☀️🥞

Our perfectly fluffy pancake stacks are the little midweek treat you deserve. Golden, light, and made to brighten your beautiful Wednesday ~ one delicious bite at a time.

We’re open 9am–4pm all week. Come soak up the sunshine with us!

12/10/2026

DM us or call 07876136599!

12/10/2026

Looking for a well deserved break?! Our Autumn Suite Offer has just gone live✨

For £199 per night, you get:
🗝️ Private Hot Tub Suite
🍸 Apple Roll Martini’s on arrival
🍴 Tapas Sharing Board
🍳 Full Breakfast

This offer is available Sunday to Thursday from now till the 18th November!

We can’t wait to welcome you in!

12/10/2026

I may weep….. an 8 minute walk to a quite exceptional gluten free chip shop. It is chippy tea heaven.
Fresh fish in a crunchy batter, great chips and delicious sides. The curry sauce was so moreish. Diolch. We will be back. ###
🎣 🫶 🍸

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Swansea

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