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Economy

HS2's northern leg scrapped by Prime Minister Rishi Sunak: Updates and reaction
High Speed 2
Decision made after costs spiralled on high speed rail line from Euston via Old Oak Common
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HS2: Vast majority of business leaders want Prime Minister Rishi Sunak to keep northern leg
North West
Chancellor Jeremy Hunt has repeatedly said it is not the 'appropriate time' to announce whether to cut the northern leg of the high-speed rail project
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East Midlands business confidence heading the right way
Economy
The latest business barometer from Lloyds Bank Commercial Banking surveyed 1,200 businesses
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'We owe this country': Billionaire Peter Done on why he and Fred will never move to a tax haven
North West
Peter Done is marking his Peninsula Group's 40th anniversary by giving away £1m-worth of services for free to small businesses in Greater Manchester
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Don't just think of innovation in the context of the high-tech sector
Economy
We can learn from Scotland at how innovation can boot the rural economy
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Conservative Party Conference 'worth £20m' to Manchester's economy
North West
The annual event will take place from Sunday, October 1
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'Folk are slowly getting skinter': Businessman's 'rant' over Brexit, inflation and 'desperate political masters'
North West
Andy Holt has however predicted a better 2023 and 2024 for his business, What More º£½ÇÊÓƵ
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Summit to discuss HS2 called for by unions
High Speed 2
The statement was signed by the TUC, Aslef, Rail, Maritime and Transport union, Transport Salaried Staffs’ Association, GMB and Unite
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South West business confidence slumps to six-month low, Lloyds Bank reports
Economy
The bank’s monthly business barometer surveys 1,200 companies around the º£½ÇÊÓƵ
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Welsh business population experiences a decline
Economy
New figures from the ONS show a fall in the number of VAT and PAYE registered firm in Wales and the º£½ÇÊÓƵ as a whole
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The £4.1bn 'transformative impact' of Liverpool ONE revealed
North West
According to the new figures, Liverpool ONE has supported an average of 4,700 jobs every year
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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£½ÇÊÓƵ
Economy
New research shows the aerospace firm has a £7bn impact on the º£½ÇÊÓƵ 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£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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