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Economy

South West's £50bn nuclear industry proves to be powerful draw for overseas companies
Energy
Nuclear South West sees spike in foreign firms wanting to set up or expand in the region with Hinkley Point C a key driver
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Laser focus on nuclear research brings six-figure investment to South Yorkshire manufacturer
Engineering
Laser process cell unveiled by Laser Additive Solutions as it works on BEIS project
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Destination Plymouth launches campaign to combat hospitality staffing crisis
Employment
High-profile chefs among business faces recruited to entice workers into tourism, retail and hospitality jobs
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Study shows Theatre Royal Plymouth pumps £36m a year into South West economy
Retail & High Street
Arts Council England uses example of º£½ÇÊÓƵ's largest regional producing theatre to show how cultural sector is vital to nation's high streets
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Rolls-Royce bounces back from £5.4bn losses after shedding 8,000 jobs
Engineering
Derby-based group wants to make savings of £1.3 billion a year by the end of 2022
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Cornwall's tourist attractions warn of staffing crisis
Employment
Competition from other sectors, the 'pingdemic' and unaffordable housing are cited as reasons why the tourism industry is struggling to recruit
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Britain’s two biggest brick makers at full-stretch post-lockdown as housing and construction booms
Construction
Both companies have said business has picked up strongly, and looks set to stay that way
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Value of South West fraud hits £7.4m as number of cases triples
Finance
KPMG º£½ÇÊÓƵ’s Fraud Barometer reveals huge rise in number and scale of fraud with expectation of more Covid-related cases to come
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Cornwall's Lost Gardens of Heligan plans wood lattice office block
Construction
Tourist attraction founded by Eden Project's Sir Tim Smit looks looks to create "hive" for all its office staff
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Rise in insolvencies seen as evidence of fragile South West economy
Finance
Restructuring body says low consumer confidence and mobility have hampered post-pandemic recovery
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Profit hike for developer behind key South West construction projects
Company Results
Muse Developments is behind projects in Plymouth, Bristol and Bournemouth and contributes to parent Morgan Sindall's £54.8m half-year profit
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Rank Foundation to continue support for Plymouth social enterprises after £2.55m investment
Social Enterprise
Philanthropic organisation to launch phase two of its programme after three years of success working with 35 businesses
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Flagship headquarters officially opened as high growth Myenergi plots advanced manufacturing addition
Technology
200 employees now on board with more to come as 100,000th product recently shipped
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Welsh economy expands show latest ONS figures
Economy
Growth in Q4 of 2020 was behind England and Scotland.
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Forterra to invest £27m into Staffordshire brick factory
West Midlands
The company says the improvements will boost productivity at the Wilnecote site by around 20 per cent
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Strong digital growth helps Joules return to profit despite six months of store closures
John Lewis
Group also had to overcome cancellation of country shows and impact of the pandemic on wholesale customers such as Next
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Lufthansa launches 'key' business route from Bristol Airport
Leisure & Touism
The announcement has been welcomed by the CBI and tourism group Visit West
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Cornwall's Wave Hub test site bought by Swedish firm for £2.4m
Environment
Hexicon completes deal with could lead way to £100m floating demonstrator in Celtic Sea by 2025
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Big Interview – Cambridge and Counties CEO Donald Kerr on helping SMEs through Covid, supporting £1m classic car investors and working 300 miles from the office
Finance
Mr Kerr stepped into the shoes of Mike Kirsopp, a well-known figure in the business community, at the end of last year
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South West's £2bn-a-year 'body blow' after High Court blocks Stonehenge tunnel scheme
Transport
Judge rules Transport Secretary Grant Shapps' decision to allow £1.7bn A303 scheme unlawful leading to dismay from SW business organisations
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Revised plan could see work start on £25m Plymouth waterfront tower in 2022
Construction
Sutton Harbour Group scales back two planned developments but signals intention to bring forward a larger scheme
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Meggitt agrees £6.3bn takeover by Parker-Hannifin
West Midlands
Coventry manufacturer is set to be acquired by US giant which has vowed to invest in º£½ÇÊÓƵ operations
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300 jobs to be created as Wren Kitchens opens Europe's largest quartz worktop processing facility
Employment
£20 million Scunthorpe base now producing as huge Humber employer meets unprecedented demand for products
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Plymouth tech firm sees huge spike in demand for 360-degree property viewings
property news
Made Snappy said Covid pandemic had boosted interest and is expecting a further staycation-related boom for holiday lets
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