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Bank Of England

East Midlands business confidence lower than during Covid-19, new NatWest survey shows
Economy
'Despite weak client demand, companies raised their selling prices at the fastest pace in 22-and-a-half years of data collection'
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Cambridge & Counties bank reports big rise in new loans
Finance
'While uncertainty persists.... we see customer demand remaining robust and opportunities continuing to emerge'
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Interest rates might have to rise further to tackle soaring inflation says Bank of England chief economist
Bank Of England
Welshman Huw Pill was speaking at an ACCA Wales event in Cardiff
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East Midlands Chamber warns of growing concerns over impact of interest rises on business confidence
Chamber of Commerce
Bank of England has warned inflation will hit 10 per cent and growth will contract in the final three months of 2022
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Governor of Bank of England hears how the Humber is a leading light in the future of energy security
Bank Of England
Andrew Bailey was a guest of Hull and Humber Chamber of Commerce
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East Midlands business activity grows at fastest pace in eight years – but war pushing prices up, says NatWest
Economy
Inflation and war conspire to make business confidence slip to 14-month low
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East Midlands unemployment down to pre-Covid levels - but regular pay fails to keep up with soaring inflation
Employment
Two-thirds of East Mids firms have seen price rises and cashflow is now down for the first time in over a year
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Hinckley & Rugby going green after revealing strong financial performance
Finance
Pre-tax profits up despite more cautious approach to lending in self-employed and buy-to-let markets during Covid
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Revenues and profits up at Nottingham Building Society as new CEO Sue Hayes prepares to step in
Finance
Overall new mortgage applications rose by 22 per cent on 2020 figures
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Mattioli Woods joins others in raising salaries to help staff meet rising cost of living
Finance
Mattioli Woods joins Leicester firms including Anicca Digital and Next in bumping up wages to make ends meet
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Impact of supply chain crisis and Covid revealed as almost 8,000 Leicestershire businesses in ‘significant’ distress
Insolvency and Administration
Challenges include rising inflation, labour shortages, spiralling energy prices and the winding back of Covid support
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Raising interest rates to counter one-off price rises would be 'self-defeating' says MPC member Silvana Tenreyro
Bank Of England
Prof Tenreyro said with record high job vacancies those who have left the jobs market and were inactive could return
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£500k backing for company that makes tech to check everything from body fat to metabolic efficiency
Finance
Boditrax says its analysers and software are used by nearly 8m people worldwide to manage their health and fitness
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East Midlands firms experience fastest rise in new orders for almost seven years, says NatWest report
Economy
However businesses warned of a growing threat of inflation as cost pressures mount amid supply-chain issues
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People on the move: Latest appointments and promotions from across the East Midlands
Employment
Changes at Rolls-Royce, rg+p, Dice, Cambridge & Counties, Shakespeare Martineau and Aggregate Industries
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Bank of England governor Andrew Bailey backs more jobs outside of London
Bank Of England
He said he would be happy to work with the Welsh Government and plans for a community bank
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Bank of England governor Andrew Bailey on inflation, patient capital and the levelling up agenda
Economic Development
Productive capital has an importance role in boosting º£½ÇÊÓƵ productivity
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Bank of England to set up Northern hub in Leeds, but will close cash centre
Unite
Governor Andrew Bailey said the Bank of England should be less focussed on London and the South East
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Strong results for Market Harborough Building Society helped by new products and Stamp Duty holiday
Finance
'The society in its 151st year is well capitalised and has again demonstrated its adaptability to change'
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HSBC launches £500 million fund for SMEs in Leicester, Nottingham and Derby
SMEs
Funding is part of broader £15 billion lending pot to support SMEs out of the pandemic
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Latest lockdown sees fresh fall in East Midlands business activity, NatWest PMI survey shows
NatWest
Vaccine brings optimism, but Brexit and fears about the longevity of restrictions dampen sentiment
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Business activity in the East Midlands goes backwards, according to NatWest survey
Economy
Most of the East Midlands – except for Rutland – is in the toughest Tier 3 of the latest national measures
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Long-term impact of no-deal Brexit worse than Covid, warns Bank of England governor
Bank Of England
Andrew Bailey says effects of leaving on World Trade Organisation terms will hit hard
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Cambridge and Counties Bank backs MBO of care home business Ashberry Healthcare
Deals
Ashberry Healthcare was set up in 2003 and has seven care homes in Surrey, Cheshire, Herefordshire and Carmarthenshire
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