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Economy

Dairy Milk boost for Cadbury's plant in Birmingham
West Midlands
Production of famous chocolate is set to increase by a third at historic plant with manufacturing shifting from sister sites in Europe
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Bank of England boss: Vaccines could get economy back to pre-Covid levels in just a few months
Economy
“I want to congratulate and pay tribute to everybody involved in the vaccines – it’s a great story and reflected in our forecast"
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Fast growing Thomas Westcott snaps up another accountancy firm
Finance
Plymouth's Riley Chartered Accountants becomes latest acquisition for South West's fastest growing accountancy business
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South Tyneside manufacturer PRS snaps up Classic windows in first acquisition
Deals
The significant deal will see the two firms expand their manufacturing and distribution capabilities
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Big fashion brand adds name to shops moving to £168m Fosse Park extension
Retail & High Street
It will join Next, TK Maxx, Clarks and Mike Ashley’s Frasers Group at the Leicestershire shopping park
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Historic Plymouth hotel closes after falling victim to Covid lockdowns
Hotels
The Grade II listed Victorian Duke of Cornwall shuts with all staff made redundant after mounting costs and reduced revenues
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Growing online competitions business aims to spend £3m with partner firms
Technology
Plymouth's Win This Competitions is expanding its reach just a year after launching
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Exeter Airport chiefs call for furlough extension to ensure aviation industry recovery
Transport
Industry report demands a comprehensive recovery package to see airports through Government-ordered shut-down of aviation
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Fears of 24 week delays for new caravan deliveries
Leisure & Touism
Robinsons Caravans said the second half of 2020 saw a 32 per cent increase in orders compared to the same period in 2019
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Crown digs in for £4.4m paint manufacturing expansion in Hull
Construction
City construction firm Hobson & Porter appointed for significant addition
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Revenues fall at accountancy giant KPMG as pandemic hits business community
Economy
Big Four accountancy group saw revenues fall by 4% with only its audit division seeing growth
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Celebrity chef's Rockfish restaurant donates £23k to struggling National Marine Aquarium
Food and Drink
Mitch Tonks gives a further donation to neighbouring attraction after it was hit hard by coronavirus lockdown restrictions
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South West airports thrown £8m Government lifeline
Transport
Commercial airports and ground handling companies can apply for up to £8m of support from new scheme
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New subsidies for business will 'help create jobs of the future', Business Secretary says
Economy
Local authorities and devolved administrations will be able to issue subsidies to businesses, though there will be º£½ÇÊÓƵ-wide rules
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High-grade lithium discovery bodes well for full-scale production
Engineering
Samples found near St Austell in Cornwall fuel hopes up to a third of º£½ÇÊÓƵ's lithium requirement can come from the site
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Independent restaurant quarter seen as one solution to loss of city centre retail
Retail & High Street
Chief of Plymouth City Centre Company says new food businesses can fill empty retail units in high streets
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More than 160 firms sign up for £1.7bn Stonehenge tunnel upgrade
Transport
Call continues for SW companies wanting to take part in A303 Amesbury to Berwick Down rebuild project
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1,500 job Midlands industrial park could be turned down
property news
Scheme that could create almost 1,500 jobs could be turned down because of potential impact on the local area
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Apprenticeships 2021: East Midlands bosses and staff explain how trainees have strengthened their businesses
Apprenticeships
2021 National Apprenticeship Week runs from February 8 to 14
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The Welsh Government is significantly under-utilising its borrowing powers
º£½ÇÊÓƵ Government
It can currently borrow £150m for economy boosting capital projects
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More than 1,000 Doncaster firms turned down for Covid relief schemes
Economic Development
Firms missed out on Small Business Rate Relief and other support packages after being judged ineligible
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Plymouth robotics firm snapped up by specialist engineering investor
Technology
Autotech Robotics Ltd has been working on robot technology since 1989 and is now part of Belgrave and Powell Ltd's growing stable
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Profit warnings at North East listed companies rise eight-fold in 2020
Economy
The EY Profit Warnings report found that profit warnings in the region were almost at the level seen at the height of the 2008 financial crisis
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South West Water plans to create 500 jobs by 2025
Employment
South West's biggest company publishes Green Recovery Initiative with aim to help region recover from Covid downturn
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