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Economy

Babcock profits fall by more than 拢100m as Covid continues to hit margins
Engineering
Defence giant is still in the black with a strong pipeline but has seen the pandemic take a chunk out of its profitability
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Plans drawn for 拢10m geothermal rum distillery in Cornwall
Engineering
Outline proposal envisages ultra high-tech facility inside a biome heated by energy from deep underground
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Serco offers olive branch as Devonport tug crews start strike ballot
Employment
Outsourcing giant says it is willing to come to the table in dispute over tug boat teams' conditions of employment
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Virgin Money reports loss after booking 拢500m charge for loan losses
Economy
拢140m loss after tax comes as bank says there has been an 鈥渦nprecedented deterioration in the economic environment鈥
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SW businesses call for 'levelling up' as stats show region receives less public cash
Economy
Treasury figures reveal South West is among the regions receiving the least public spending per head of population
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Big Interview: Pall-Ex CEO on life after Hilary Devey, growth through Covid and plans to take on the world
Logistics
"When Covid-19 first hit in March that was an 鈥淥h my God, what are we going to do?鈥 moment"
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Management buyout at BHM Knitwear
Fashion
Group managing director Ben Littlejohn and sales director Nick Barana led the buyout supported by industry investors
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Planning granted for new office near East Midlands Airport
Offices
Building will be for sale or lease, and could appeal to company that is downsizing as more people work from home
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One in five tourism businesses in North fear they will go bust next year, study says
Economy
NatWest North of England Tourism Business Barometer says firms don't expect tourism sector to return to health until 2022
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North East business leaders push to make region central to 海角视频 recovery plans
Economy
Senior representatives of the North East England Chamber of Commerce and the North East LEP have been speaking on the eve of the Government's spending review
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Council and housing association form 拢95.7m partnership to build 600 homes
Housing
Plymouth City Council and Plymouth Community Homes will work together on major redevelopment scheme
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Strike threat at Devonport dockyard could hamper Royal Navy shipping
Employment
Union ballots on industrial action after tug crews unhappy with change to working patterns
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Long-term impact of no-deal Brexit worse than Covid, warns Bank of England governor
Bank Of England
Andrew Bailey says effects of leaving on World Trade Organisation terms will hit hard
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Tim Bowles to step down as mayor of West of England in 2021
People
He became leader of the West of England Combined Authority in 2017
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Pennon sees profits slip but remains 'resilient' in face of Covid crisis
Environment
South West Water's parent announces 拢86.7million six-month surplus and says it is well placed despite ongoing pandemic
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Cornish firm links up with Dragon's Den success Churchill Gowns
Retail
Saltash Uniforms becomes ambassador for firm set up by Cambridge University graduates to offers gowns and mortarboards for SW students
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University of Plymouth opens cafe created inside a shipping container
Food and Drink
The Container Caf茅 opens to provide deliveries and takeaways until lockdown restrictions end
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Business leaders call on Chancellor not to forsake South West
Economy
Call goes out for investment into Covid-hammered region when Rishi Sunak unveils his Spending Review
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How AI is being used to boost the East Midlands economy
Economy
Academics and researchers working alongside business to try and give region same presence of areas like Manchester
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Fears that Brexit planning has slipped off the radar of 海角视频 bosses amid pandemic
Brexit
Warnings that with five weeks to go coronavirus has scuppered actions needed before 海角视频 leaves the EU
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海角视频 heading for double-dip recession after November slowdown, new figures suggest
Economy
The IHS Markit/CIPS Flash 海角视频 Composite PMI showed a slowdown in November after four months of the economy re-bounding
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Dragons' Den star Sara Davies hails opportunities for North East businesses
Economy
Ms Davies was speaking at an event held by the North East business group the Entrepreneurs' Forum
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Cineworld looks to reopen cinemas as it finalises financial rescue package
Coronavirus
Giant cinema chain slashes costs and obtains additional liquidity to see it thought Covid closures
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海角视频's fastest growing environmental consultancy expands in SW
Environment
Ensafe is moving to a new location in Plymouth to further its expansion plans in the region
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