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Economy

Norton Motorcycles reveals new º£½ÇÊÓƵ base
Automotive
Historic bike builder pulls out of Leicestershire after being bought out of administration by India’s TVS Motor Company
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GameStop short squeeze: Why did a video game retailer's shares soar yesterday?
Finance
Wall Street investors have lost a fortune thanks to an army of traders on Reddit
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Huge former cinema to become music venue under £4m community-led plan
Construction
Nudge Community Builders and Eat Work Art combine to transform gigantic dilapidated building in Plymouth's famous Union Street
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Funding for animal product import checks creates SW jobs boost
Food and Drink
Bristol, Plymouth and Bournemouth share in £14m Government investment to maintain standards in imported animal products
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10,000 jobs lost as car production falls to lowest level since 1984
Automotive
Society of Motor Manufacturers and Traders describe 2020 as 'a dreadful year' but warn that challenges remain for automotive sector
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Derelict Plymouth office site goes on market after firm's liquidation
Construction
Mayflower House is due to be demolished with plans approved to build an 18-floor student flat tower on the site
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º£½ÇÊÓƵ economy expected to avoid double-dip recession says EY ITEM Club
Economic Development
It also predicts the º£½ÇÊÓƵ economy will grow by 5% in 2021
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Biggest brick factory in Europe will make enough to build 22,500 homes every year
Construction
Forterra on track to commission new factory in Leicestershire in late 2022
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"Death of the office" exaggerated as Nottingham business park is now fully let
property news
“Despite the negative press surrounding the future of offices, we are confident that... deals can still be done"
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Leicester Tigers sign Toyo Tires as official kit sponsor
Business of Sport
Sponsorship during pandemic proving vital at a time when matchday and stadium revenues have hit a wall
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Wrexham Covid vaccine plant gives update after suspicious package saw bomb squad called
Wales
Wockhardt º£½ÇÊÓƵ in Wrexham paused production of Oxford/AstraZeneca vaccine but says schedule not impacted
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Confidence falls and investment stalls among Northern SMEs, survey finds
SMEs
FSB survey finds falling confidence among small business owners in Yorkshire, Humber and the North East in the last three months of 2020
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Vaping specialists Supreme announces £67.5m flotation on AIM
Economy
The Manchester firm was founded by Sandy Chadha, who will retain just over 56% of the company
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JCB creating 400 jobs at it moves to ramp up production
Employment
After halting production last year due to the pandemic it said demand for construction equipment has rebounded
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Cornish firms urged not to abandon EU exports despite Brexit hurdles
Brexit
Cornwall Chamber of Commerce warns exporters that abandoning sales short-term could lead to long-term losses
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Unemployment more than doubles in Devon and Cornwall during pandemic
Employment
New figures show nearly 55k people are claiming benefits while seeking a job in the two counties as Covid cause mass redundancies
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New name revealed for former Intu Derby shopping centre
Retail & High Street
Derby was the first of 17 Intu shopping centres to change hands after the previous owners failed to agree terms with creditors
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Dräger opens PPE factory in Gateshead creating 40 jobs
Coronavirus
The new factory at Follingsby Park will create special filtered masks to protect key workers
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Spaceport Cornwall prepares for first launch in spring of 2022
Technology
Head of horizontal launch site says all systems are go after Virgin Orbit's successful test flight in the States
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Geothermal rum distillery vows to clean up and protect historic site
Environment
Company behind ambitious £10m scheme says its plans will respect mining heritage site where it wants to build
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Demolition starts to make way for major business park development
Construction
A 1970s electronics factory is being knocked down to make way for state-the-art business units in Plymouth
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Uptonsteel buys naming rights to Leicestershire County Cricket Club’s Grace Road ground
Business of Sport
Fischer Future Heat decide not to renew ground naming partnership which had been in place for five years
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More than 350 jobs in jeopardy as Hays Travel closes 89 shops
Retail & High Street
The North East travel firm said it is closing the shops as part of a planned review of its portfolio
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Tier One Capital releases £10m new funding to North East property development market
property news
The Newcastle firm said the funds will help support the government’s ambition to ‘build back better’ after the pandemic
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