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Economy
09:11, 23 NOV 2023
Autumn Statement: North West business leaders react to Chancellor Jeremy Hunt's speech
North West
The Chancellor said the full package has 110 measures he hopes will boost growth
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Landmark Teesside wind tech factory firm secures £367m funding deal
Deals
The £500m SeAH Wind º£½ÇÊÓÆµ facility will be the world’s largest monopile facility once it is complete
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JDR reaches milestone for £130m Northumberland subsea cable facility
Energy
The company says the Cambois facility will become a unique º£½ÇÊÓÆµ hub once up and running
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Commission commences on Swindon's long-term economic future
Economy
Swindon Futures Commission will propose a vision for the town that prioritises sustainable and inclusive economic growth
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Wiltshire manufacturing company Avon Protection sees profits fall
Company Results
The firm announced its preliminary results for the year ended September 30
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Autumn Statement: what South West businesses want to hear
The Budget
Ahead of the Chancellor's speech BusinessLive has asked companies and business groups across the region for a ‘wish list’ of measures to help boost growth and tackle the cost of living crisis
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‘Strategic’ manufacturers in automotive, aerospace and energy to get billions of pounds in Treasury backing
Economy
£2bn earmarked for automotive manufacturing with £975m for aerospace
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What we can expect from Jeremy Hunt's Autumn Statement
Economy
His main focus will be how to boost a flatlining º£½ÇÊÓÆµ economy whilst crucially keeping inflation in check
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British Gas plans 100s of new jobs in Stockport, Leicester, Leeds, Edinburgh and Cardiff
British Gas
The company said is also rolling out extra training to help customers in financial difficulty
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Nationwide reports record member benefits as half-year profits rise
Company Results
The Swindon-headquartered lender said its savings rates were higher than the market average
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Contractors face increasing cost pressures as tender workload slows
Construction
A survey by Southern Construction Framework found high inflation and interest rates were impacting spending within the construction industry amid inflated build costs
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Gleeson sounds positive note amid subdued housing market
Housing
The developer has sought to keep investors confident about a return to growth
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The Great South West launches 'major' manufacturing research project
South West
The Great South West is the ‘powerhouse’ brand promoting the areas covered by Cornwall and the Isles of Scilly, Heart of the South West and Dorset LEPs
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North East unemployment unchanged in four months, new-style figures show
Economy
The Office for National Statistics has moved to a new method of calculating regional unemploymenbt
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Work begins on Yeovil site with the potential create thousands of jobs
Employment
The site at Bunford Park is set to be a significant contributor to the economy of South Somerset area
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Falmouth Harbour reports record cruise season
Maritime
Bosses at the harbour said the cruise traffic had provided ‘a welcome boost’ for local businesses
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Businesses across the North East scale back output as demand wanes
Economy
Firms suffered a sixth successive month of shrinking new business levels.
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South West business activity ‘broadly stable’ after months of decline
Economy
Research from NatWest found while the overall amount of new work placed with private sector firms in the region fell only slightly at the start of the final quarter of 2023
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South West retailers say interest rates and inflation will hit peak trading in run-up to Christmas
Retail & High Street
Inventory Planner, which supplies forecasting and planning software for businesses, surveyed 500 retailers
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North East business leaders push Government to deliver on 'levelling up'
Economy
Experts from the North East Chamber of Commerce have written about subjects including skills, transport and public health
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Amazon invests over £2.1bn Bristol, Bath, Gloucestershire and Wiltshire
South West
The figures from Amazon º£½ÇÊÓÆµ Economic Impact Hub show the company's regional investments across the º£½ÇÊÓÆµ since 2010
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Small business confidence falls in South West, according to FSB
SMEs
The Federation of Small Businesses (FSB)’s quarterly confidence report is a regular snapshot of how small businesses are coping
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Logistics giant Wincanton reports drop in half-year profit and revenue
Company Results
Bosses at the Wiltshire-based firm cited ‘persistent inflationary pressure, elevated interest rates and weakened consumer confidence’
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World's biggest luxury watch retailer Watches of Switzerland plans to double sales and profits
Fashion
US growth is key while º£½ÇÊÓÆµ expansion will include first De Beers boutique outside of London
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