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Economy

Positives for North East firms though cost pressures still loom
Economic Development
The North East Chamber of Commerce has published the findings of its latest quarterly economic survey
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Business confidence plunges as IoD warns Burnham on Whitehall reform
Economy
Business confidence has fallen sharply to its lowest point this year, according to the Institute of Directors
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º£½ÇÊÓƵ economy grew by 0.6% in first quarter as 2025 growth revised down
Economy
Final figure for growth last year was revised down slightly to 1.3 per cent
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Development zones aim to accelerate job creation in York and North Yorkshire
Employment
The zones in York, Scarborough and Selby are built around job creation, housing and regeneration
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The system needs to work with business not against it
Economy
If we get this right, the benefits will be felt not just in boardrooms, but in communities across Wales.
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Wales needs to create more start-up firms if its economy is to thrive
Economy
Wales educates tens of thousands of talented students and graduates every year, yet only a tiny fraction ever start a business.
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Tata Steel º£½ÇÊÓƵ raise serious concerns at new steel quota and tariff regime
Economy
Its CEO Rajesh Nair says he is very concerned about the implications for the long-term competitiveness, sustainability, growth and future investment outlook for the º£½ÇÊÓƵ steel sector.
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New prime minister and chancellor must ease burden on firms, says boss of BCC
Politics
The call comes two weeks before nominations open to replace Sir Keir Starmer
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Bristol Harbour Festival could be axed amid rising costs
Bristol
The free festival has been running for over half a century
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Foreign direct investment into the North East drops to 10-year low, research shows
Economy
Despite the fall EY directors say there remain reasons for optimism in the North East
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North East firms confident despite uncertain global markets, research shows
Economy
The region showed encouraging resilience with many saying they had adapted to challenges
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We must not overlook the importance of established SMEs to the Welsh economy
Economy
Established SMEs should no longer be treated as the overlooked middle of the economy.
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Unemployment in Wales up but remains below the º£½ÇÊÓƵ level
Wales
Wales has nearly 500,000 people classed as being economically inactive
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º£½ÇÊÓƵ job vacancies fall sharply in new blow to labour market as unemployment drops again
Employment
The latest ONS figures highlight mounting pressures facing the º£½ÇÊÓƵ economy
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º£½ÇÊÓƵ inflation holds steady at 2.8% as food price rises ease
Economy
It was lower than economists expected
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Small business profits rising despite challenges in the economy, Sage survey says
SMEs
The Sage SME Performance Pulse also highlighted continuing problems from late payments
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Business activity falls in Yorkshire and Humber, survey suggests
Economy
The NatWest Regional Growth Tracker pointed to a range of pressures facing businesses in the area
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North East sees marked rise in business activity despite price pressures
Economy
The region registered the strongest expansion for the first time since December 2024
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Wales has a big innovation problem
Wales
The number of innovative firms in Wales has fallen sharply
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º£½ÇÊÓƵ GDP falls in April amid rising energy costs from Iran war, Office for National Statistics reports
Economy
Economists warning of deeper damage to growth later in the year
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North East universities join mayor to set up £22m fund for high-growth businesses
Education
The North East Spinout Inspire Fund aims to turn academic research into businesses that create jobs in the region
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Lithium projects in Cornwall could boost regional economy by £3.8bn, report finds
Economy
Lithium is key for making batteries for electric vehicles and smartphones
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Mayor Luke Campbell unveils 10-year Local Growth Plan for Hull and East Yorkshire
Economy
Mayor Luke Campbell has set out Hull and East Yorkshire Combined Authority's Local Growth Plan — a 10-year framework built around four 'Big Plays' targeting investment in Humber Freeport, Hull's Western Docklands, and regional transport improvements.
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Chamber report puts people at the centre of growing regional economy
Economy
The People of the North East paper talks about the opportunities and challenges facing the region - and how working and hiring practices can rise to them
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