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Economy

Chain stores close at one a day in North East as retail decline continues
Retail & High Street
The rate of closures in the region has slowed in the first half of the year and is below the national average, however
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Post-Covid recovery at forefront as plans for 2021 Leicester Business Festival take shape
Economy
Festival message will be that the city and surrounding county are open for business Post-Covid
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New milestone in Northumberland gigafactory development as work starts for construction phase
Automotive
Britishvolt and construction partner ISG are starting enabling works at the site at Cambois, near Blyth
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Businesses aren't getting the workers they need to expand
Opinion
There remain challenges in terms of managing the labour market
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Rank Foundation to make £1.6m investment in Plymouth social enterprises
Social Enterprise
Philanthropic organisation launched phase two of its programme after three years of success working with 35 businesses
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Brexit driver crisis leaves Coca-Cola with aluminium cans shortage
Brexit
º£½ÇÊÓƵ soft drinks giant facing 'logistics challenges' including pressure on HGV driver numbers, but maintaining 'high service levels'
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Australian engineering company creates 120 Belfast jobs
Northern Ireland
Tribe Technology will make drilling rigs at the Mallusk site which will be exported around the world
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Plymouth's Princess Yachts to debut new luxury vessel at Cannes boat show
Engineering
Leading boat-maker displays award-winning X95 for first time in Europe among eight vessels on display in France
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Back from the brink: Poundstretcher goes from £49m pre-tax loss to £30m profit in a year after tackling crippling rents
Retail & High Street
Exclusive: CEO Aziz Tayub says discount retailer has seen sharp turnaround despite CVA, Covid and Brexit – with more stores planned
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100 apprentices sought by Wren Kitchens as it ramps up recruitment to meet unprecedented demand
Skills and Apprenticeships
Same numbers anticipated in 2022 as the business builds and aims to become an apprenticeship employer provider
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Creditors paid six years after Cornwall's Western Greyhound bus firm went bust
Insolvency and Administration
Liquidators at fire-hit bus company able to finally sort out protracted claims from secured creditors and former employees
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Cornwall-based lender FOLK2FOLK on course to double profits in 2021
Finance
Finance firm announces half-year profit and eyes future profitability as SME appetite for funds grows
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Huge jump in Barratt profits thanks to red hot homes market and post-Covid bounce-back
Housing
Average Barratt private sales prices rose to £325,500, up from £312,000 two years ago
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Surface Transforms announces big contract win and major new manufacturing strategy
North West
The business said it will save around £10m from the new strategy - as well as increasing sales capacity by £15m a year
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South West e-commerce conference goes green and Covid safe
Retail
Organisers of Ecommerce Unlocked want event at University of Exeter to be kind on the environment and safe for delegates to attend
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Churchill China plans future investment as revenue and profits climb in 2021
West Midlands
The Stoke-on-Trent company has created 100 new jobs so far this year
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‘Crazy’ Brexit impact has caused us £300k in lost sales
Brexit
'The fact that it’s a big deal for us to send a single shipment to the EU shows just how crazy these last few months have been'
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Unemployment in Wales forecast to exceed º£½ÇÊÓƵ rate with a tepid recovery
GVA
The analysis from NIESR say the Welsh economy faces challenges over the next the years
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New vision sees Plymouth and South West as global centre for ocean technologies
Technology
The newly published Ocean Futures prospectus reveals how the region can play a vital role at º£½ÇÊÓƵ strives to become innovation superpower
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Cornwall's Kensa Group sees sales jump to £25m despite pandemic
Company Results
Firm which makes and installs ground source heat pumps creates jobs and announces profit
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Babcock sells oil and gas aviation business for £10m
Engineering
Defence giant which runs Devonport dockyard in Plymouth offloads to helicopter specialist as part of turnaround plan to tackle losses
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Plymouth joins 6.7m euro Covid business recovery programme
Coronavirus
Plymouth City Council has joined the Anglo-French C-CARE (Covid Channel Area Response Exchange)
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Digital technology experts appointed to help make West Midlands firms 'smarter'
West Midlands
Five experienced experts will help manufacturing and engineering businesses embrace new digital technologies and move them forward
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E-commerce marketing firm Superb expands after moving to Torbay tech hub
Retail
Company which also has bases in London and Europe has been on hiring spree as growth continues
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