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Economy

Opinion: Agile strategy key for businesses in 2023 given 'war' on profitability
Economy
"We now expect downward pressure on prices as customers seek out cheaper alternatives"
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More than 50 North East jobs created as cost-of-living leads to new national debt advice service
Economy
Money and Pensions Service (MaPS is pumping £228m into debt advice services in England over the next three years
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East Midlands business activity sees solid decline in November
Economy
According to NatWest, ‘cost-of-living crisis and pressure on company cashflow likely to hamper demand further’
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Goldsmiths and Watches of Switzerland boss says global appetite for posh watches still sparkling
Fashion
Strong growth in US sales in particular helps propel profits and sales
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Kitchenware firm ProCook posts half-year loss amid cost-of-living crisis
Retail
The Gloucestershire firm had previously downgraded full-year profit forecasts after ‘weaker’ than anticipated sales in the run-up to Christmas
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Latest official jobless figures from the East Midlands
Employment
Signs that the jobs market is turning as the º£½ÇÊÓƵ heads for an expected recession
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ProCook reports 'weaker' Christmas sales and downgrades profits
Retail
The Gloucestershire kitchenware firm said it had been impacted by the ‘challenging consumer environment’ and heightened operating costs
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The £1.2bn worth of Welsh goods uncompleted due to supply chain issues
Barclays
New research from Barclays said the Brexit and the war in Ukraine are factors in increasing the level of unfinished foods in warehouses
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'Intense' energy and staff costs as South West firms output falls
Economy
The drop in business activity was linked to a weak economic climate, rising prices and cuts to spending, according to NatWest
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'A glimmer of hope': NatWest boss on why North West businesses can be optimistic despite looming recession
North West
The headline North West PMI Business Activity Index registered 48.5 in November, little-changed from October’s 48.4
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North East economy stabilises - but at low level, survey suggests
Partner Content
Second report out today highlights concerns from manufacturing companies for the coming year, however
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Plymouth firms welcome freeport plan approval as £25m grant unlocked
Economy
Ministers have given the green light to Plymouth and South Devon Freeport, which backers hope could help city attract millions of pounds of investment and create thousands of jobs
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East Midlands businessmen banned over Covid Bounce Back loans
Courts
The men were disqualified following separate investigations into tens of thousands of pounds worth of fraud
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Acquisitions help Mike Ashley’s Frasers Group make £284m of profit in just six months 
Retail & High Street
Management at the retailer, which is majority-owned by Mike Ashley, said more takeovers could be on the cards
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Opinion: 'Avoid working from home to protect your job as recession looms'
Economy
"Making you redundant and employing overseas labour instead will become an obvious option"
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Greggs opens 30th Outlet Shop as part of pledge to tackle º£½ÇÊÓƵ food poverty
Retail & High Street
The new shop is in East London and helps the firm towards it goal of having 50 Outlet shops by 2025
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Voi extends Bristol e-scooter trial further into south of the city
Transport
The Swedish tech firm’s operating area now covers almost the entirety of the city
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Hard to argue º£½ÇÊÓƵ would be worse off now if still in the EU says Lord Mayor of London
Economic Development
Nicholas Lyons says a proposed £50bn private wealth fund could be invested mainly outside of London and south-east of England
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Can Derbyshire-based Frasers Group meet cost-of-living pressures?
Retail & High Street
Can Frasers Group outsmart other retailers that have had tough 2022 due to inflation and cost-of-living worries for shoppers
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Opinion: Banking industry needs to engage with black businesses - and move away from terms like BAME
Black Communities
"Championing black-owned businesses will drive º£½ÇÊÓƵ prosperity"
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Study calls for more North East investment in women's professional sport
Business of Sport
The report from Irwin Mitchell and the Centre for Economics and Business Research champions the potential for the sports economy
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Government signs £360m Cornwall mayoral devolution deal
Deals
The agreement could see the county get a greater say over transport budgets, building and several other areas
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Companies involved in university enterprise scheme SETSquared contribute £15.7bn to economy
SMEs
The businesses have also created thousands of jobs over the last two decades, according to a new report
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The challenges firms face in scaling-up
Economy
Access to skills, markets and finance are the biggest barriers
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