Business people in Newport have been urged not to be 'tribal' when it comes to supporting the Cardiff Capital Region in boosting the area.

Serial hi-tech entrepreneur and Wales' first billionaire Sir Terry Matthews said the Cardiff brand should be used, in the same way London and New York are used as a brand, when it comes to attracting businesses and events to the area.

He was guest speaker at the M4 Business Network event, held at the Celtic Manor Resort in Newport, which he owns.

Sir Terry told the meeting of the local business community: "I believe in city regions. If we add up all the population in the Cardiff Capital Region, it is like a big city. I don't tell people in business meetings around the world I live in Rickmansworth. I tell them I live in London. Someone living in Newbridge should say they live in Cardiff during meetings. That is the brand. It is the brand that matters especially if it helps bring in jobs and helps people do better economically. Stop behaving like you are still part of a little tribe."

Sir Terry also spoke about the Celtic Manor Resort and the new convention centre which is due to be built on site and which will be able to accommodate up to 6,000 delegates when it is built.

He said the resort was currently turning away about £100m in business each year because it was unable to accommodate all the events businesses and organisations want to hold there.

With the new convention centre, major national and international conferences and conventions could come to Wales for the first time.

He said there was a slight hold up in the scheme because of the bridge leading into the resort from the Coldra, which is currently not wide enough for two buses to pass each other. He said it was important to over come this as most of the delegates for events held at the new conference centre would be staying in hotels off site and would be bussed in each morning.

Sir Terry also told those present that 2015 was a very important year in the hi-tech sector, likening it to the time when steam power and the railways first arrived in the industrial sector.