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Economy

BGF reports positive start to the year in South West
Finance
The growth capital investment firm was set up in 2011 and has invested over £3bn in more than 500 companies
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Confidence growing in East Midlands economy
Economy
NatWest business survey found inflation eased in June and business confidence was at its strongest since early 2022
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Survey suggests business activity stagnated in June in Yorkshire and Humber
Economy
Growth expectations slip on the back of weakening demand according to key economic barometer
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Leicester factory workers strike after rejecting fresh pay offer
Unite
Management said Unite union members had turned down an improved offer of a 7 per cent increase
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Truro businesses vote in favour of third term BID
business support
In a record ballot 100% of businesses on the Newham industrial estate voted 'yes'
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Work begins on business plan to boost Somerset and Devon visitor economies
Economy
The Heart of the South West Local Enterprise Partnership (LEP) has partnered with Tomorrow's Tourism
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Revenues fall at logistics firm Wincanton amid 'challenging external environment'
Company Results
The Wiltshire-based supply chain manager said it had made sustained strategic and operations progress despite "ongoing economic headwinds"
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Big Interview: Cooke Optics CEO Tim Pugh on the º£½ÇÊÓƵ lens maker used on The Last of Us, The Batman and new Wes Anderson movie Asteroid City
Technology
Ridley Scott, Martin Scorsese and George Lucas have all used Cooke Optics lenses made in Leicester
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Wales has highest unemployment rate in the º£½ÇÊÓƵ and lowest level of employment
Economy
Latest figures from the ONS shows that the unemployment rate in Wales has climbed to 5%
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Businesses and public sector join forces to drive investment in Kirklees
Economy
Leeds-based law firm Clarion brought together leading figures at the roundtable event
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Nottingham construction contractor J Tomlinson heading towards administration
Construction
£100m-plus turnover firm hit by impact of ‘hyper-inflation’ on long-term contracts
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South West business leaders explore potential for Social Impact Fund
Economy
The Heart of the South West Local Enterprise Partnership (LEP) is carrying out a study with impact consultancy AchieveGood
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Streets in Nottingham Tuntum homes development named after Windrush pioneers
Housing
'This is a living example of the important role that BME housing associations play in supporting local communities'
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South West sees ‘disappointing’ drop in business activity, NatWest reports
Economy
A survey by the bank found that despite a drop in new business, firms in the region were ‘upbeat’ about the year ahead
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North East firms see steep drop off in new business
Economy
The regional readings came in contrast to much of the rest of the country
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Kitchenware brand ProCook appoints new CEO after founder steps back
Appointments
The Gloucestershire firm recently slipped to a loss, with bosses citing inflationary pressures and a squeeze on consumer spending
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Ideal World goes off air with most of the 275 staff laid off
Insolvency and Administration
TV shopping channels have ‘suffered a decline in viewer and customer numbers as consumer spending habits changed’
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Vehicle parts maker Linecross plans to grow 50% to £50m in three years with £12.5m backing
Automotive
Linescross makes plastic components for vehicles in the prestige automotive, transport, leisure and off-road markets
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Welsh economy data "isn’t pretty reading", Conservative ex-Wales secretary warns
Wales
Stephen Crabb told MPs that Wales' had not bounced back from the pandemic while it had done in England
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East Midlands bucking dire º£½ÇÊÓƵ economic trend
Economy
Though not out of the woods, regional economy continuing pick-up that began at the start of this year
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North East business leader urges Chancellor to 'kickstart' region's economy
Chamber of Commerce
Chamber of Commerce chief executive John McCabe was meeting Chancellor Jeremy Hunt alongside other business leaders
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Cardiff and Swansea lag behind in attracting overseas investment
Economy
A new economic study ranks º£½ÇÊÓƵ cities on their ability to attract foreign direct investment
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In Full: The 2023 Top 500 Companies in the East Midlands
East Midlands Top 500
Top 20 includes retailers, car dealers, builders, engineering giants, recruitment companies and car manufacturers
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Meet the Newcastle recruitment firm gifting a 10% of salary windfall bonus to all staff
Economy
An average bonus of £2,500 has been given to employees at Central Employment after a solid year of trading
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