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Economy

Bank of England leaves interest rates unchanged at 5.25%
Economic Development
Decision comes after lower-than-expected inflation figures
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Next CEO Simon Wolfson upbeat as he raises profit forecast
Retail & High Street
Exceptionally warm late May and June significantly boosted summer clothing sales online and in its 461 stores
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Fears for North East automotive industry amid petrol ban delay
Economy
'The concern now is, does this cause consumers to delay their purchase?,' says Mike Hawes of the Society of Motor Manufacturers and Traders
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University of Bristol's tech incubator members set to contribute £1.3bn to º£½ÇÊÓƵ economy
Economy
Founded in 2002, SETsquared Bristol aims to grows global tech businesses out of Bristol
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Cummins shows off £20m investment into Huddersfield plant
Engineering
The manufacturer has operated in Huddersfield for 70 years and
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Chamber urges Bank of England to pause interest rate hikes as inflation eases
Chamber of Commerce
Inflation has eased as a drop in hotel and air fare costs and a slowdown in food price rises helped offset higher fuel costs
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Dunelm posts record sales as it strives to get a grip of inflation
Retail & High Street
Leicester-based homewares giant reported sales of £1.64 billion for the year to July 1 – up 5.5%
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Sheffield Olympic Legacy Park hunts for new chair as Richard Caborn steps down
Economy
The site is seen as key to Sheffield's regeneration
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Boss of Birmingham estate agent McHugo Homes says last two summers have been slowest for two decades
Housing
Comes as Rightmove says some sellers have been too optimistic on their initial asking prices
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North East's starring role in chart-topping future jobs podcast series
Economy
Former Number 10 adviser Jimmy McLoughlin brought his show - which is in the top 0.5% of global podcasts - to the region's tech sector
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Upbeat North East firms facing delicately balanced economy
Economy
Economist Tom Pugh spoke to BusinessLive having briefed regional firms on the mixed economic picture
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Creative and cultural industries vital for North East growth, Chamber event highlights
Economy
Leading experts presented at the Chamber event – The Importance of Place: The Value of Place-based Culture
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Warhammer fans help Games Workshop post strong summer sales
Retail & High Street
Games Workshop said it expects pre-tax profits of £57 million, up from £39 million in the same quarter last year
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The Range finalises deal to buy Wilko brand and website
Insolvency and Administration
More than 10,000 further Wilko workers are set to lose their jobs by next month
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Wealth management company Mattioli Woods sees assets under management rise £400m to £15.3bn
Company Results
Medium-term plan to grow revenues to £300m and assets under management to £30bn
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End for Wilko as administrators confirm closure of all stores and loss of thousands of jobs
Retail & High Street
Wilko brand – and more than 400 stores – will now most probably disappear from the º£½ÇÊÓƵ high street
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Union now fears all 12,500 jobs to go at Wilko and all 400 shops to shut
Insolvency and Administration
GMB union said they had been told today that branches would start going in October
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More business deaths than births in Wales in 2023 amid tough trading year
Wales
Economic Intelligence Wales has published its fifth annual economic report for the 2022/23 financial year
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East Midlands bosses seeing drop in new business, according to NatWest survey
Economy
'Although firms were more optimistic in the year-ahead outlook, the degree of confidence remained historically soft'
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Worrying picture for North East firms as demand downturn takes hold
Economy
There has been a slowdown in new work for regional manufacturers and service sector businesses
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Work dries up for South West firms amid rising interest rates and input costs
Economy
A survey by NatWest found despite a drop in output and new orders, companies were creating jobs in anticipation of economic recovery
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First decline in business activity in seven months charted in August
Economy
NatWest analysis suggests dip will be temporary with optimism strong
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Gary Neville to make headline appearance at Sunderland Business Festival
Economy
The footballer turned entrepreneur will top at the bill at the October event
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Anthropy will return to the Eden Project for a second year
Events
The three-day leadership gathering will delve into "critical" topics ranging from sustainability, education, and health
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