Local context
From coal exchange to capital city economy
Cardiff grew rapidly in the nineteenth century as the main export port for coal from the South Wales valleys, and its Coal Exchange became a centre of the trade. It was ranked a city in 1905 and proclaimed capital of Wales in 1955. Today the old docklands of Cardiff Bay hold the Senedd building and the Wales Millennium Centre, and the city acts as the main engine of the Welsh economy.
Media is one of its defining industries. BBC Cymru Wales, S4C and ITV Wales all have studios in the city, and the BBC's Roath Lock studios in Cardiff Bay have produced dramas such as Doctor Who and Casualty. Creative Cardiff, a network working to make the city a connected and collaborative creative capital, links the freelancers, studios and agencies that grow up around that production work.
Finance and technology have grown alongside. FinTech Wales, the membership body for the sector, runs from the city and promotes Wales as a destination for fintech businesses, and the ChipStart UK semiconductor start-up programme has come to Cardiff with backing from CSconnected. The city also sits at the centre of the Cardiff Capital Region, a partnership of ten councils working on investment across South East Wales.