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Economy

Robotics firm Tharsus sees turnover drop after Ocado partnership ends
Engineering
The Blyth business said it is now bringing in new customers and a new spin-out is set to be launched soon
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Survey indicates robust Ƶ economic outlook with potential for further interest rate cuts
By City AM
The closely watched survey of Ƶ businesses suggests that the economy will continue to grow at a steady pace in the second half of the year
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Former nuclear power station site in Gloucestershire sells for £6.5m
Deals
Rolls-Royce is hoping to be selected to develop small modular reactors at the Berkeley park which was sold off by SGS College
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The huge impact McDonald's has on the Welsh economy
Economy
The American fast-food giant plans to open a further 200 restaurants in the Ƶ over next three years
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Locals to have their say on MIX MANCHESTER science and manufacturing campus next to Manchester Airport
property news
Plan for 'Ƶ’s first airport-based science, innovation, and manufacturing campus'
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North East mayoral authority advertises key roles for regional authority
Economy
The new authority wants directors to leads its work economic growth, innovation and skills
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Renewables giant Siemens Gamesa plans Hull wind turbine plant expansion, creating 40 jobs
Engineering
The company says the move would be of "significant economic, social and environmental benefit” to Hull
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West Country sees strongest rise in new business growth in Ƶ
Economy
Companies attributed growth to successful advertising and investment
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Yorkshire and Humber economy bouncing back, new survey suggests
Economy
The NatWest Regional Growth Tracker has the regional economy back in growth after a difficult period
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North East sees strongest rise in new business in nearly three years
Economy
The NatWest Growth Tracker suggests the highest level of job creation in the North East since late 2021
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Demand from manufacturers takes industrial deals to three-year high in Yorkshire and Humber
property news
Agents have secured a number of major deals in the last six months
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Plans for £40m Perspex International plant that could secure hundreds of jobs take key step forward
Manufacturing
Swiss-owned business vows to 'build upon and continue to develop' production at site
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Humber Freeport marks first year of impact with £1bn of investment pledged
Energy
Major investments from global businesses have been committed to the Humber Freeport tax sites in Hull and Goole
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Nearly half of South West firms plan to spend more than £3m on growth in next five years
South West
Companies across the region are urging the government to introduce policies that will help deliver their scale-up plans
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Business leaders call on new First Minister Eluned Morgan to prioritise the economy
Welsh Government
Eluned Morgan becomes the first ever female First Minister of Wales
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Ceiling manufacturer Zentia unveils £2m investment across North East sites
Company Results
Gateshead's Zentia was the winner of the Made in Britain trophy at last year’s North East Business Awards
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North East punches above its weight on inward investment, key agency says
Economy
NewcastleGateshead Initiative has crunched Government figures which show the region performed well on jobs created by foreign direct investment in the year to the end of March
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Exeter tech firm to create jobs after securing nearly £900,000
Technology
The investment was part of a wider fundraise of £1.8m designed to support the company's growth
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Ƶ manufacturing sector grows at fastest rate since February 2022, PMI shows
By City AM
S&P's purchasing managers' index (PMI) for the manufacturing sector registered 52.1 in July, up from 50.9 in June and above flash estimates of 51.8
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Pride in the City delivers £4m economic impact in Newcastle
Economy
Record numbers came to Newcastle for this year's Pride in the City
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Opinion: How the North West’s industrial firms are sparking the next (sustainable) revolution
North West
Chris Whittle, from Lloyds Bank, says the region's industrial sector remains strong
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PepsiCo invests £13m in Coventry's Doritos factory to boost production and reduce emissions
Food and Drink
The investment is the latest in a number of investments at food giant's Ƶ manufacturing sites
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Early stage entrepreneurial female activity has seen a remarkable increase
Labour Party
Ethnic minority groups, particularly Asian, Caribbean, and African communities, have shown higher rates of entrepreneurial activity compared to their white counterparts.
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North East firms report highest confidence in two years
Economy
Growing domestic sales and lower annual input price inflation helped buoy up sentiment
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