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Economy
13:14, 28 OCT 2022
Husqvarna grows turnover but profits dip as hopes pinned on robotic lawnmower popularity
Company Results
The garden tools specialist says it remains committed to a growth strategy it has been pursuing since 2013
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Mattioli Woods management stay positive about future despite global market shocks
Finance
In four months its gross assets under management dropped 7.3% to £4.7bn
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Commercial property outlook in Wales slumps as occupier and investment demand falls
Wales
Further interest rate rises has weighed on the outlook for the year ahead
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Azets completes £130m South West and Wales deals despite 'uncertainty'
Deals
The accountancy firm’s corporate finance team said many companies were looking to ‘streamline’ operations as a result of the pandemic
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Latest on £1.14 billion East Midlands devolution plans
Local Government
Devolution deal with regional mayor and combined authority could come into play from 2024
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Warning as 17,000 Welsh firms in significant financial distress amid economic turmoil
Economy
Begbies Traynor's Red Flag Alert report reveals 17,527 Welsh businesses faced difficulties in Q3 this year
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Opinion: Our North East heritage has become our green future
Energy
Guy Currey, director of Invest North East England writes for Business Live
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South West insolvencies and profit warnings up amid rising costs
Economy
New reports from restructuring trade body R3 and professional services giant EY have painted a grim picture of the region’s economy
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HR firm Breedon Consulting launches franchise model
SMEs
Managing director Nicki Robson said plan is to launch one franchise every quarter over next three years
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North East firms lose confidence amid economic turmoil - but tech investment is steadfast
Economy
Research from accounting software giant Sage shows business sentiment in the region is actually higher than in the º£½ÇÊÓÆµ as a whole
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National car dealer group Pendragon outshines rivals with strong summer sales
Automotive
CEO confident right strategy is in place as supply chain challenges and market pressures persist
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Shoe Zone reports big jump in sales despite shutting one-in-eight stores
Retail & High Street
During the year the business shut 63 shops, opened 13 and refitted 11
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Cardiff University's massive impact on º£½ÇÊÓÆµ economy revealed
Economy
The university has 33,000 students and almost 7,000 staff
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South West hotel owner hands staff nearly £200k as reward for summer work
Employment
The company said staff had offered "great service" during the summer season when the º£½ÇÊÓÆµ saw huge demand for staycations
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Consultation launched on plans for 900 homes at former Poole power station site
Housing
Urban regeneration venture FuturePlaces, owned by Bournemouth, Christchurch and Poole Council, said the development is 'the largest brownfield regeneration site in the South West'
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ProCook reports trading momentum after 'challenging' summer
Retail
The Gloucestershire kitchenware firm said its recent performance reflected "heightened pressures on consumer spending, the prolonged hot summer weather and the return of overseas summer holidays"
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Growth strategy launched to boost North East fintech sector and create 2,000 new jobs
Technology
The North East Fintech Strategy 2022-25 has been developed by Whitecap Consulting to create more and better jobs
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North East business growth fund wants applications before it runs out
business support
The North East Business Support Fund has helped nearly 5,000 SMEs over the last decade but will come to an end next year
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Are º£½ÇÊÓÆµ pensions still safe?
Economy
Despite recent turbulent economic events, the news is not as bad as it seems concerning people's pensions
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North East businesses told to brace for hard times amid bleak economic climate
Economy
The warning follows the publication of the latest Red Flag Alert data by advisors Begbies Traynor
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Rising costs and falling revenues sees small business confidence plunge, survey finds
Federation of Small Businesses
The FSB saw the greatest level of pessimism among small business owners outside of lockdowns
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Mini-Budget 'screeching handbrake' U-turn divides opinion among businesses
Economy
Some business leaders have welcomed the news, while others have spoken of concern about the future of the economy
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St Austell Brewery says government help 'vital' for hospitality recovery
Economy
The Cornish pub operator has added to its estate but warned rising inflationary pressures were becoming ‘real challenges’
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Everything Chancellor Jeremy Hunt said in his emergency statement
Economy
Read the new chancellor Jeremy Hunt's emergency statement on the medium-term fiscal plan in full
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