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Economy

Humber Freeport opens for business with ambition to attract industrial investment creating 7,000 jobs
Economy
Immense potential highlighted at launch event as senior Whitehall figure tells stakeholders not to underestimate size and scale of opportunity
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Green light to redevelop Ratcliffe on Soar power station site as part of East Midlands Freeport
freeports
Plans for near-500 acre site include low carbon energy generation and opportunities for global manufacturers
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Thousands of jobs to be supported as South Yorkshire is named as first º£½ÇÊÓƵ Investment Zone
Employment
The Treasury said the zone will leverage more than £1.2bn of private funding and help support more than 8,000 jobs by 2030.
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Welsh firms remain 'resilient' in face of economic woes
Wales
An economic survey from Chambers Wales showed a boost in business confidence
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169 jobs at risk at Melton Mowbray food manufacturer
Food and Drink
Consultation under way with workers at plant-based food maker Revolution Kitchen
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Welsh Government has become disconnected from the wealth creating private sector
Welsh Government
It cannot just bury its head in the sand on the performance of the economy and blame the º£½ÇÊÓƵ Government
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200 year old roofing and glazing specialist Norman and Underwood in administration
Insolvency and Administration
It is understood that the business has ceased trading while the administrators deal with its affairs
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Poole's Lighthouse arts centre says energy bills now 'major challenge' for venues
Creative & Digital
New research finds a quarter of º£½ÇÊÓƵ music venues and theatres are concerned they may close due to rising operating expenses and the cost of living crisis
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Delays at one of º£½ÇÊÓƵ's most-bashed bridges cost economy hundreds of thousands of pounds
Transport
A5 bridge was struck 88 times in last five years resulting in hours of snarl-ups and 246 train delays
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Barratt expects to build almost a quarter fewer homes as high cost of mortgages hits sales
Housing
Two-year fixed mortgage rates now higher than they were following disastrous mini-budget last autumn
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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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