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Economy

º£½ÇÊÓƵ Infrastructure Bank invests £107m into Teesworks scheme set to unlock thousands of jobs
Deals
The public policy bank has confirmed the Teesside site will receive its first ever investment, unlocking thousands of jobs
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Exeter tech firm Distil.ai receives £400k investment from asset manager
Finance
AIM-listed Mercia supports growth and product-development plans of firm which already has high-profile clients
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Award-winning Plymouth microbrewery Steel Brew Co expands
Food and Drink
Business which began during 2020's lockdown is now moving to new premises but remaining within Ocean City's Royal William Yard
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Brittany Ferries receives 45m-euro bailout from French government
Finance
Company which has its º£½ÇÊÓƵ headquarters in Plymouth receives support form French state after Covid-related travel restrictions caused huge dip in revenue
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Plymouth-based Burts Snacks creates special festive flavour for Costa
Food and Drink
Company cements deal with leading coffee chain that was first secured in 2020
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Derelict Plymouth city centre plot given £3.5m price tag
property news
Land one used as ITV studio has outlie permission for flats, a hotel and multi-storey car park
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Burger King expansion continues with Plymouth drive-thru plan
Food and Drink
Chain wants a home for its Whopper on the site of a car wash just yards from a drive-thru run by rival McDonalds
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Why need to 'share the love' on innovation
Economy
We need to embrace open innovation
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Devon's Newton Print provides paw-fect packaging for vegan dog food start-up
Food and Drink
South West company's eco-credentials made it the choice for London's plant-based pet food producer DoGood
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Devon's Travel Chapter holiday lets firm eyes glamping market as it prepares AIM float
Finance
Company behind holidaycottages.co.uk prepares IPO and is looking at alternative holiday market as it recovers strongly from Covid disrupted trading
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Deadline nears for Devon Net Zero Innovation Fund applications
Environment
Fund is offering up to £7,500 to firms looking to develop low carbon products or services in collaboration with University of Plymouth academics
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Plymouth's Tungsten West begins trading shares and plots restart of mining
Environment
Company which owns vast Hemerdon tungsten and tin resource joins AIM and looks at full production by end of 2022
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Babcock reveals £115m half-year profit as it sells engineering consultancy
Company Results
Devonport and Rosyth dockyard operator offloads Frazer-Nash Consultancy for £293m as part of plan to drive down debt pile
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Cornwall's Flexi-Hex to create jobs after securing £1.25m investment
Exports
Business formed by twin brothers makes biodegradable packaging and is now ready to hit US market
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Phillips 66 eyes wider role in electric vehicle supply chain with aim to build on battery material production
Industrial
Humber Refinery has global scale capability but wants to drive domestic value chain in EV components
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Africa's Queen Diambi to meet business leaders in Exeter at plastic-free oceans summit
Royal Family
Her Royal Highness of the Bakwa Luntu People of Kasaï in the DRC will also bestow the Order of the Leopard on a South West businessman
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The benefits of independent financial advice
Finance
Peter McGahan, chief executive of Worldwide Financial Planning, looks further at the importance of choosing an IFA
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Devon's 'forest' school Outdoors Group moves to larger base
Education
Company has grown to £2m turnover and more than 100 workers in past decade
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Holiferm to build new plant and create green Liverpool City Region jobs after $7m fundraising round
North West
The funds will help the firm build a 'world leading' manufacturing facility, and support its entry into the US chemical markets
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Inside the workshop turning wheelie bins and old bottle tops into garden benches
Climate Agenda
DCW Polymers in Devon is the first recycling business that both collects tonnes of plastic waste and makes it into brand new products
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Plymouth music venue development's community share offer raises £30k in a week
Finance
Investors need to raise minimum of £285k to progress transformation of former Union Street nightclub into music venue and business hub
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Hike in insolvencies serves as warning for South West economy, says expert
Insolvency and Administration
insolvency and restructuring trade body R3 in the South West says tapering of Government Covid support and mounting inflation pose a problem for firms and individuals
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Devon craft ale festival attracts breweries from across country
Food and Drink
Businesses from all over England are expected to travel to Newton Abbot for the MXV Craft Beer Festival
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Plymouth freeport business case due to go to Government in November
freeports
Plan for Plymouth and South Devon Freezone will be submitted after a stakeholder event is staged early in November 2021
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