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Economy

Torquay hotel set to reopen after being bought by London property firm
Hotels
Richmond Hotel snapped up off a £950k guide price as interest swells for hospitality businesses in anticipation of post-Covid boom
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Search on to find the best start-up firms in Wales
Awards
The Wales Start-Up Awards 2021 have been launched
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Tyre firm's profits hit £4m as sales increase during Covid
Company Results
Bandvulc Tyres Ltd increased profits pre-Covid and saw sales jump in late 2020 leaving it well positioned to mark its 50th year in 2021
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Cinema plan for Exeter's former Debenhams store
Retail & High Street
Proposal envisage turning top floor of empty building into a four-screen picture house
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How De Montfort University is encouraging students to keep their skills in city once they graduate
Employment
Despite its excellent universities and bustling business community, Leicester has poor graduate retention
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Chancellor Rishi Sunak to announce extension of furlough in his Budget
The Budget
The job protection scheme will continue to the end of September
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South West SMEs call for Chancellor to cut VAT
The Budget
Survey shows VAT cut leads businesses' Budget wish list ahead of furlough extension and training grants
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Plymouth's tourism sector calls on Chancellor for support after £169m loss
The Budget
Plymouth's visitor economy has been badly affected by the Covid lockdowns and businesses say they need help until they can reopen
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Online business directory launched to encourage Plymouth firms to buy local
Technology
City council works with business organisations include FSB and chamber of commerce top create platform for buyers and suppliers
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Reopened Appledore Shipyard ready to receive first vessels
Engineering
North Devon shipyard is preparing to restart operations after being bought by owner of famous Harland and Wolff company
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South West building supplies firm snapped up to form £250m business
Construction
Devon-headquartered RGB Building Supplies has been acquired by Grant and Stone Group to form largest independent builder's merchants in the South
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Devon's Gregory Distribution acquires Scottish logistics firm
Transport
Plymouth-headquartered company snaps up West Lothian's Pollock as it boosts presence north of the border
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Could shipping container shops help city out of lockdown?
Retail & High Street
A low cost BoxPark could include food and drink outlets as well as creative businesses or small shops
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Budget 2021: East Mids Chamber urges Chancellor to keep furlough, fix business rates, and be careful about tax hikes
The Budget
"Rather than widespread increases to corporation tax, for example, we’d prefer a commitment to reviewing business rates"
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Latest East Midlands appointments and promotions
Employment
Changes at Brady Solicitors, Grahame Gardner, Littlefish, EMH Group, Jigsaw24, EY and Phoenix Brickwork
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Leicester Tigers future secure after year like no other
Business of Sport
Club chairman Peter Tom - ‘We look forward to welcoming everyone back safely whenever it is possible to do so’
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3,000-job gigafactory plans submitted as project gathers momentum
Automotive
Britishvolt wants to build a massive plant to build batteries for electric vehicles at Blyth, Northumberland
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Budget 2021: R&D incentives and commitment to electric cars - What West Midlands manufacturing chiefs want from the Budget
West Midlands
Our experts are looking for a raft of measures to boost the manufacturing sector including export policies to boost international trade in a post-Brexit world
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80 green jobs created as hydrogen specialist ITM Power builds big
Engineering
Sheffield Gigafactory now fully operational and electrolyser manufacturer is staffing up
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Welsh Government announces £682m additional funding in the fight against Covid
Welsh Government
But it has still to confirm whether it will  extend business rate holidays for hard hit firms.
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Morrisons becomes trawler owner after buying Cornish seafood firm
Retail
Supermarket giant acquires Cornwall's £40m turnover Falfish - and its Jacqui A trawler
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University of Plymouth electron microscope centre undergoes £1.7m expansion
Technology
Major investment into technology means it can be used by even more South West businesses
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Royal Navy looks into building money-spinning Cold War museum in Plymouth
Museums
Senior Service begins a four-month study into proposed project which would feature a decommissioned nuclear submarine
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Head of Newcastle city centre business improvement district to step down
Economy
Adrian Waddell, who will leave NE1 this summer, has been a prominent voice for city centre businesses during the pandemic
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