'Renaissance' for Newport economy

Newport's multi-million pound new shopping centre is opening, in what is seen as a landmark for the city centre's regeneration.

Friars Walk has been years in the planning and the development, with Debenhams as its anchor store and retailers such as Marks and Spencer moving back.

Newport Council lent the developers £90m in a commercial deal to ensure the centre opened on time.

Council leader Bob Bright told BBC Wales economics correspondent Sarah Dickins there had been a renaissance.

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