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Economy

Plans for £130m cable factory could create 170 new jobs in the North East
Energy
The plans from JDR Cables for a site on the Northumberland coast would see it supplying the growing offshore wind sector
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Octopus Energy takes on 580,000 Avro customers after energy provider goes under
Energy
Avro is one of a series of failures in the energy market, sparked by a massive spike in gas prices in recent weeks
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New Northumberland factory to create new jobs for growing manufacturer Contec Cleanroom
property news
A significant sum is being invested into the new facility at Ashwood Business Park in Ashington
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Durham electronics firm creates 'significant' number of new jobs
Employment
II-VI Compound Semiconductors is expanding operations at its plant in Newton Aycliffe
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Devon's Applegate set for jobs growth after partnering with Euro tech giant
Technology
Procurement company uses AI technology to enable firms to obtain multiple quotes for the things they need to buy, then place an order
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Driver shortages contribute to collapse of £167m food distribution business – putting 400-plus jobs at risk
Brexit
As well as “acute” driver shortages, loss of some key contracts also blamed for collapse of EVCL Chill Ltd
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Plymouth tungsten mine set to play key part in rebirth of South West mining industry
Economy
Tungsten West among exciting firms revitalising the West Country's mining heritage and helping Ƶ’s move to a zero-carbon economy
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Chopstix joins growing list of new restaurants opening in Leicester and Leicestershire – here are some of the latest
Food and Drink
'The people of Leicester love a business that engages with them and that’s what we’re all about'
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Latest insolvency statistics show impact of Covid-19 on Midlands businesses
Insolvency and Administration
'The insolvency figures published this month highlight how tough the current climate is for businesses'
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CMA probes Babcock's £10m sale of oil and gas helicopter business
Deals
Watchdog will look at CHC's acquisition of business which ferries oil and gas workers to North Sea rigs by chopper
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Major redevelopment planned for Devon's famous art deco Burgh Island Hotel
Hotels
Plans for include more guest rooms, staff accommodation and extended restaurant at hotel made famous by Agatha Christie
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Innovation continues to thrive globally despite the pandemic
Economy
According to latest Global Innovation Index the Ƶ has the world's fourth most innovative economy
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City College Plymouth opens £350k AR suite to tackle welder shortage
Technology
Latest technology bought in to entice youngsters into trade and upskill workforce as manufacturers cry out for welders
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West of England Combined Authority opposes Bristol Airport expansions plans
Transport
The airport is currently appealing North Somerset Council’s rejection of its proposals last year
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South West property consultancy Vickery Holman toasts record year
Company Results
Company with offices in Plymouth, Exeter, Truro and Bristol creates jobs and expands
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Cornish Metals adds second rig at copper, tin and zinc mine after raising £8.2m
Company Results
AIM-listing allows Canada-headquartered firm to progress its operations in Cornwall
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Pandemic wipes £22m off Welsh Rugby Union revenues
Six Nations
The WRU was still able to post a small pre-tax profit through cost mitigation and is upbeat on the outlook with the return of crowds
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First rapid Covid-19 tests to be made in the Ƶ is finally approved
Pharmaceuticals
Up until now the Government has had to import millions of lateral flow tests
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Brittany Ferries calls for clarity on when travellers can ditch PCR tests
Transport
Company says travel industry is anxiously awaiting exact date when PCRs will be swapped for cheaper lateral flow testing
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Cornish AI firm set for growth after £200k investment
Technology
Newquay's SimSage receives equity investment from Cornwall and Isles of Scilly Investment Fund and cash from angel investors too
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Health innovation firm moves to Plymouth Science Park as it becomes £1m tech centre of excellence
Technology
Total Innovations Europe Ltd is first new arrival after PSP is named as base for the Health Technology Innovation Hub
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SEGRO signs up to build £300m high-tech SmartParc food campus in Derby which will support 5,000 jobs
Food and Drink
It will offer manufacturing facilities, start-up units and a Food Manufacturing Technology Centre of Excellence
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Plymouth City Council steps up support for businesses post-pandemic
Economy
Local authority has four-pronged plan to create jobs, social enterprises and new businesses
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Plaid Cymru calls for a four-day working week in Wales
Economic Development
It said it would boost productivity, social cohesion and reduce carbon emissions
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