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Economy

Genting Casino looks to axe more than 1,600 jobs and close casinos
Employment
Union calls redundancy announcement a 'slap in the face' for workers at the global gambling corporation
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Torbay tech firms thrive on back of global internet demand hike
Technology
The Torbay Hi-tech Cluster says companies involved in design and build of comms systems have been boosted during pandemic
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Work starts on world’s longest electricity cable – which will share cheap, clean energy between the Ƶ and Europe
Environment
National Grid’s Viking Link will stretch 475 miles from Lincolnshire across the North Sea to South Jutland, Denmark
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The tech being used to shut down fashion sweatshops
Tech
Allegations of factories paying half minimum wage or ignoring social distancing during lockdown have surfaced
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£20m in lockdown grants awarded to businesses in North West Leicestershire
Economy
Council has been distributing support to businesses since the various Government grant schemes were announced
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How many people in Wales have been furloughed?
Ƶ Government
The Job Retention Scheme will be phased out in October
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Dunelm hit by lockdown, but boosted by online growth
Retail
Sales were up 20 per cent last month, compared to June 2019, following big drops in April and May
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Peer-to-peer lender gains CBILS approval after announcing profit
Finance
Cornwall's FOLK2FOLK gains accreditation to lend to SMEs impacted by the coronavirus pandemic
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Inspecs buys manufacturing arm of collapsed eyewear company Norville for £2.4million
Deals
The deal includes £1.2million of freehold property
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Independent beer shops make bid to rebound from lockdown crisis
Coronavirus
Small retailers around the Ƶ link with brewery for 'support your local beer shop' event modelled on famous Record Store Day
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Ambition for social enterprises to be the business model of choice in Wales
Economic Development
There are currently 2,000 social enterprises in Wales employing 55,000
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Derby among top 10 innovation centres in Europe for 3D printing technologies study finds
Technology
Rolls-Royce propels city’s ranking in European Patent Office report
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Husband and wife team behind Cofresh snack foods buys Barnsdale Hall Hotel
Hotels
The Patel family recently sold the Indian snack business – famous for its bombay and balti mixes – to Vibrant Foods
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Roxy Ball Room, with “Olympic-standard” ping-pong, American pool & beer pong stations, sets reopening date
Food and Drink
Comes as hospitality bosses in Nottingham welcome Chancellor Rishi Sunak’s proposals to help hardest-hit sectors recover
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Wales see rise in inward investment projects but overall job impact falls
Economy
Wales attracted 62 projects last year a third from the EU
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HMRC cracks down on furlough fraud as 4,400 reports are received
Employment
Taxman makes first arrest for alleged misuse of Coronavirus Job Retention Scheme
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Law firm bounces back after new work halved during lockdown
Law
Plymouth's Wolferstans Solicitors begins recovery and is seeing inquiries from firms considering making redundancies
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Government urged to recognise four SW counties as separate region
South West
Devon MP writes to Prime Minister saying Cornwall and the Isles of Scilly, Devon, Somerset and Dorset are in danger of being hardest hit economically by coronavirus
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Innovative construction firm to set up manufacturing plant on Tyneside
SMEs
Biohm, which makes construction materials from plans, is looking to create between 30 and 60 jobs
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Eat Out to Help Out registrations open – this is how bars, restaurants and pubs can sign up
I Am Open
Subsidy worth up to £10 per person is aimed at helping 130,000 businesses employing 1.8 million people
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SW towns highly vulnerable to post-pandemic slump says report
Economy
Dependence on hospitality and higher levels of deprivation put West Country towns at risk according to University of Cambridge research
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See East Midlands business experts give their opinions on the Top 500 Companies listing
Economy
The virtual round table discussed the success of the region's strong and diverse range of firms - and identified key strengths to help the East Midlands recover after lockdown
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Gastropub bounces back post-lockdown with supper club idea
Food and Drink
Exeter eatery follows latest classy dining trend which enables it to function safely and economically under "new normal"
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Airlines Loganair and Blue Islands join forces to connect Ƶ regions
Economy
The two airlines have created the partnership to boost connectivity and sees Blue Islands add new services
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