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Economy
11:56, 27 SEP 2023
Big Interview: Eden Project founder on the power of local economies
Climate Agenda
Sir Tim Smit KBE moved to Cornwall in 1987 and is the co-founder of the Lost Gardens of Heligan and the Eden Project
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Business leaders issue £2bn HS2 warning as decision looms
North West
Local leaders have warned 27,000 new jobs would not be created if HS2's northern leg is scrapped
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Airbus creating more than 1,000 new jobs in the º£½ÇÊÓÆµ
Economy
New research shows the aerospace firm has a £7bn impact on the º£½ÇÊÓÆµ economy
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Marketing group sees profit drop amid ‘tightening’ US client spend
Company Results
Aim-listed The MISSION Group has its registered office in Devon but is made up of around 20 agencies with sites around the world
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Chamber calls for ‘ambitious’ West Country public transport plans
Transport
Bristol-based Business West represents thousands of businesses across the West of England
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The health of Welsh SMEs revealed in new data
Economy
The Longitudinal Small Business Survey (LSBS) from the ONS provides invaluable insight
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Newcastle business improvement district NE1 bids for five more years
Economy
The organisation, which aims to improve the city centre, is facing its fourth ballot to determine whether it continues
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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£½ÇÊÓÆµ 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£½ÇÊÓÆµ 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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