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Economy

How Brexit costs this retailer £1m a month in sales
Retail & High Street
Pertemba founder Ravi Karia says £22m annual sales would be £35m without post-Brexit trade barriers
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Invest in North East England, global finance groups are told
Economy
Event at Aviva's offices in London highlights £30bn of investment possibilities
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Surge in South West firms securing funding deals
Deals
Businesses in the region continue to attract investment amid the challenging economic climate, a KPMG report said
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Pendragon extends “put-up or shut-up deadline” for £400m bid in the business
Automotive
Swedish Hedin Mobility Group AB given until next month to make offer for Evans Halshaw and Stratstone owner
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Wilko completes £48m sale and leaseback of Notts distribution hub
property news
Wilko chief executive Jerome Saint-Marc said property deal with DHL gives them 'long-term stability'
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East Midlands people news from Tank PR, Leicestershire Law Society, LLEP, Browne Jacobson, BDO & Cooper Parry
Appointments
Latest Movers and Shakers from across the region
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Wales the only Ƶ nation not to see growth in its economy shows new ONS figures
Economy
Based on the GDP measure in the first three months of 2022 growth in Wales was flat
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Fresh Poole housing plans submitted as part of £15m project
property news
Housebuilder AJC Group has already broken ground on the first phase of the development within the Branksome Park area of the Dorset town
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East Midlands business leaders say Autumn Statement 'high on stealth-creation and low on wealth-creation'
The Budget
FSB says SMEs 'face even higher taxes, cuts to innovation, and a recipe for a longer and deeper recession'
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Cornwall to get elected mayor under government's levelling up plans, Jeremy Hunt announces
South West
The chancellor made the announcement in his Autumn Statement to Parliament on Thursday
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Autumn Statement: A 'sad state of affairs' or are there 'signs of optimism'?
North West
The Chancellor delivered his Autumn Statement to the House of Commons
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Joules administrators say there has been ‘overwhelming’ interest from potential buyers
Insolvency and Administration
Country casuals brand had spent months trying to attract investment after seeing sales and profits falling and costs rising
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Experian profits up as people look for money-saving tools
Finance
CEO says they will push ahead with 'mission to help millions improve their financial health and save money'
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Administrators called in at Derbyshire mountain bike builder Stanton Bikes
Insolvency and Administration
The business continues to trade while a potential buyer is sought
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Greggs Foundation launches education partnership with Rethink Food
Economy
The Newcastle firm's foundation said the partnership is instrumental to the Greggs Pledge commitment to support communities
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Chancellor Jeremy Hunt warned that cutting R&D funding would be a disaster for the Ƶ economy
Ƶ Government
Vice Chancellor of Swansea University Paul Boyle said such as a move would be 'prove a tragically misguided false economy'
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North East unemployment reaches record low but concerns over inactivity
Economy
The annual report from the North East LEP has been released alongside national figures on unemployment
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John Pye & Sons to auction off stock from failed Made.com furniture business
Insolvency and Administration
'It is John Pye Auction’s role to realise the best we can for all creditors of the company'
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Poundstretcher exits CVA after paying off creditors at a rate of 12p in the pound
Retail & High Street
Discount chain said the biggest single creditor was HMRC followed by around 250 of its shop landlords
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Autumn Statement: Businesses tell us what they want from fuel duty, energy bills to business rates
The Budget
Businesses draw up their wish list ahead of the Autumn Statement on November 17
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Autumn Statement: Government urged to restore business confidence as firms hit by late payments and rising costs
Economy
The Institute of Chartered Accountants in England and Wales has called on the chancellor to outline a plan to generate long-term economic growth
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Tom Joule – who started Joules selling wellies at country fairs – hopes brand will live on as administrators called in
Retail & High Street
Comes as one analyst says, ‘Next and Frasers look logical suitors given their relatively robust position’
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Harry Styles concerts at Emirates Old Trafford help provide £27m boost to Manchester's economy
North West
Emirates Old Trafford is set to open a 100-room extension to the current Hilton Garden Inn next year
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Joules announces it is going into administration
Insolvency and Administration
The retailer said it was suspending trading in its shares following months of financial difficulties
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