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Economy

Job created after MBO at South West construction consultancy
Construction
Robin Jackson and Anthony Bassett have bought the firm Taylor Lewis, which has been advising landlords following the Grenfell Tower tragedy, from previous owners
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Devon home of military engineering and software firm SEA sells for £4.5m
Ministry of Defence
Unnamed buyer snaps up two units on Pottington Trading Estate in Barnstaple
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Cornish manufacturer enters partnership with growing German company
Deals
Composite Integration has partnered with Pultex GmbH which has just expanded into a new factory near Cologne/Bonn
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Welsh language channel S4C has a near £200m impact on the Ƶ economy
Economy
It direct, indirect and indued impacts also supports more than 2,300 jobs
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Pubco New World Trading Co to open in Plymouth as it plans 2021 expansion
Food and Drink
Cheshire-headquartered firm plans five to eight new sites a year as it recovers from Covid hit and £4.4m pre-pandemic loss
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Everards boss on cancelling almost £5m of pub rents, plans for 150 bedroom hotel and selling 14 pubs
Food and Drink
Leicestershire pub business cut 73 per cent of its pub rents in the 12 months after pandemic hit
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Big part of Beaumont Leys Shopping Centre, Leicester, sold
property news
Busy out-of-town shopping centre is anchored by a big Tesco Extra megastore
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Escalating levels of distress raise red flags on the Humber as pandemic continues to bite
Economic Development
Financial woes are mounting for many despite support measures in play
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North East economy set to bounce back - but without job numbers, report says
Economy
Ƶ Powerhouse study by law firm Irwin Mitchell and the Centre for Economic and Business Research singles out Sunderland as resilient area during pandemic
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Work due to start 'immediately' on six-story Plymouth waterfront hotel
Construction
Lithuanian construction firm Mitnija wins contract for new Moxy Hotel in Millbay area of Britain's Ocean City
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Cornish music festival cancelled blaming lack of Government insurance support
Music
Leopallooza would have featured Goldfrapp and Annie Mac but has been called off citing Government's reluctance to underwrite Covid cancellation insurance
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NHS stem cell transplant team moves into Plymouth Science Park labs
NHS
The NHS SW Peninsula Transplant Service expands critical analytical team and may take even more laboratory space at successful science park
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Construction firm behind £47m The Box museum moves into Plymouth base
Construction
Willmott Dixon has openedits new office in Plymouth city centre's Thrive Hub after successfully working on the city's new cultural attraction
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Report predicts rapid recovery for South West economy post-Covid
Economy
Spring Forecast from the EY ITEM Club says economic growth prospects for 2021 have been significantly upgraded
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Glass manufacturer Saint-Gobain invests £30m in Ƶ plant
Engineering
The current furnace is to be replaced after making enough glass to stretch from Land's End to John O' Groats 130 times
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The South West business people going up in the world
South West
A round up of appointments and promotions at some of the West Country's most successful businesses
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Donegal engineering firm plans 40 jobs at new factory in Strabane
Northern Ireland
Houston Precision Engineering is planning a new 30,000 square foot facility in Strabane Business Park
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Cornwall's Eden Project set to begin £17m hot rocks drilling programme
Energy
Huge drill arrives ready to bore three miles into the Earth and pump down water so it can be superheated underground
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University of Plymouth ranked world's best for marine research
Education
The institution is praised in global performance tables that assess universities against the UNs’ Sustainable Development Goals
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300 jobs at risk as Loughborough train maker Brush Traction lined up for closure
Employment
Owner Wabtec wants to close historic site after orders fell
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Brick-maker Ibstock Plc says £60m investment in West Mids sites back on track as market recovers
Construction
“With the market outlook now clearer, we are refocusing on growth”
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Humber sets course to become first Ƶ freeport after topping government's wishlist
Maritime
Successful bid scored highest against all criteria set in Whitehall - now Humber wants to lead on launch
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14,000 North East businesses are in distress as firms continue to struggle
Economy
Experts say that Government measures have delayed the number of insolvencies but firms are still struggling
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Preparations under way to bring SailGP grand prix to Plymouth
Sailing
Organisers of global sailing event release details of how people can watch when it take place off Plymouth in July 2021
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