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Economy

York and North Yorkshire devolution deal welcomed by business groups
Economy
The unveiling of the devolution deal has been announced on Yorkshire Day
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Tyneside recruitment firm Jackson Hogg introducing four-day week
Economy
The firm hopes the move will help it attract staff as it expands its operations
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L&G boss calls for action as cost-of-living worsens regional divide
Economy
Nigel Wilson was speaking after the investment firm published its annual Rebuilding Britain Index
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South West leads º£½ÇÊÓƵ in exports to China, study finds
China
The region saw the biggest annual rise in trade with China in the last quarter of 2021 than any other part of the country
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Exclusive: New Poundstretcher CEO Derek Lawlor says discount stores vital for families in cost of living crisis
Retail & High Street
New boss won’t rule out future sale of business but priority now is to be ‘best Poundstretcher we can be’
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Staff at North East gaming studio Double Eleven get £2,500 pay boost amid rising cost of living
Creative & Digital
The reigning North East Company of the Year has given all its workers the raise, regardless of salary level, backdated to April
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South West business confidence lowest in º£½ÇÊÓƵ, survey finds
Economy
Firms in the region battling inflation registered the lowest reading on the Business Barometer from Lloyds Bank Commercial Banking for a second consecutive month
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Jobs saved as pandemic hit North Wales firm bought out of administration in pre-pack deal
Employment
Sandycroft-based Fabricom Janus Neill Limited was badly impacted by Covid-19
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Home From Home Care gives workers 10.5% pay rise
Employment
Management say all 500 of its staff will have benefitted from the rise in pay to help with cost of living
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North East firms show growing confidence despite national doubts over the economy
Economy
A survey of companies in the North East showed the region was demonstrating some resilience
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First North Wales Growth Deal project launches
Technology
The North Wales Growth Deal is a £1 billion investment to the region’s economy
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Aggregates giant Breedon says business booming despite ‘increasingly uncertain’ economic and political backdrop
Construction
Although the economic and political outlook is gloomy, management remain optimistic for the coming months
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Design sector contributes £2bn to Welsh economy says new report
Economy
Wales experienced an 18% growth in GVA terms - three times the rate of the Welsh economy
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Bristol city centre business improvement district unveils multimillion-pound future plans
Business Improvement District
The BID has published its proposals ahead of a ballot later this year to decide whether to extend its term to 2027
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Restaurant supplier making space for 150 jobs at new Derby site
property news
'We will be employing a full team ranging from senior leaders to forklift drivers and HGV drivers'
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Easyjet makes £114m loss following months of airport disruption
easyJet
Airports such as Heathrow and Gatwick have told airlines to cut flights following scenes of chaos
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JCB offering 200 more agency staff permanent jobs on back of record demand
Employment
The digger maker said it comes after offering around 1,300 permanent contracts to agency employees since last year
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One in seven small firms set to shrink, sell or shut as cost pressures mount
Economy
77% of those surveyed don't expect their performance to improve over the coming quarter, with more than a third expecting it to worsen
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South Western Railway strike to cause 'severe disruption', warns train operator
Transport
There will be a reduced timetable and people have been told to avoid travelling by rail if possible
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Chamber urges PM candidates not to backtrack on 'levelling up' agenda
Economy
The North East England Chamber of Commerce urges the two remaining candidates to support regional growth
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South West listed firms see profit warnings double amid rising costs
Finance
A report from EY-Parthenon found the majority of profit warnings in the region came from FTSE aerospace and defence firms
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Private equity and venture capital investment into º£½ÇÊÓƵ firms at all time high
Deals
New research from the BVCA shows the vast majority of recipient firms are SMEs
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 Why urgent action is needed to reform malfunctioning capitalism
Economy
Measures needed include greater parity between debt and equity and tougher action against collusive behaviour
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Latest growth figures are welcome says Chamber, but could mask storm clouds on the horizon
Enterprise
Spending has slowed across the economy in the light of the highest inflation in 40 years
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