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Economy
10:22, 27 SEP 2022
Yorkshire Building Society gives staff £1,200 cost-of-living one off payment
Economy
The payment comes on top of a £1,000 salary increase for the same colleagues earlier in the year
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Free help for Dorset firms amid rising inflation and labour shortages
Economy
The special programme has been launched by Dorset Chamber and county’s Local Enterprise Partnership
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Cost of living crisis: 'It is crucial the government takes action to support businesses'
Economy
Firms are now facing "myriad issues" including soaring energy bills caused by rising inflation, according to South West chamber of commerce Business West
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'Strong recovery' for Bristol city centre as people head back to shops, pubs and clubs
Economy
Hundreds of millions of pounds were spent in Bristol in the first half of the year, new research has revealed
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North East policy leaders warn of 'difficult times' for firms and communities as unemployment figures are published
Employment
'Without intervention, we can expect a difficult economic situation,' North East LEP CEO Helen Golightly warns
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How sterling could move in relation to the euro in 2022
Finance
"The two key variables for both the eurozone and sterling are inflation and how the economy is holding up"
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Venture capital investment in Bristol rises despite 'economic headwinds'
Finance
But the war in Ukraine, high levels of inflation, and rising interest rates could hamper VC investment in the city for the remainder of 2022, KPMG said
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Western Gateway bid for nuclear fusion plant on Wales-England border lands further backing
Energy
The Severn Edge bid is one of five under consideration by the government as it looks to prove the commercial viability of fusion energy
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º£½ÇÊÓÆµ economy shrinks: Companies slam government and call for 'drastic action'
Economy
Businesses have warned the situation is worse now for many firms than it was during the pandemic
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Marks Electricals sales on the up despite tough market
Retail & High Street
Products that saw strong demand included televisions, vacuum cleaners, washers and dryers and air conditioning units
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Next Plc boss Lord Simon Wolfson leaves Deliveroo board as takeaway giant says losses growing
Retail
Lord Wolfson is the longest-standing FTSE 100 boss having been chief executive at Next since May 2001
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Octopus Energy boss says blackouts unlikely this winter as he urges No 10 to help out families
Energy
Greg Jackson: ‘The last support package was really significant. It’s just that the crisis has deepened since then’
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South Lincolnshire Food Enterprise Zone hub completed
Food and Drink
Food sector said to be the fastest growing sector in the º£½ÇÊÓÆµ and employs more people than any other industry
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Next planning strategic stake in struggling Joules
Deals
Reaction: Market analyst says potential tie-in is a win-win for both retailers
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Plymouth bids for £20m investment to transform port and waterfront
South West
The city council is hoping to secure cash from the government's Levelling Up Fund
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Business confidence falling in North East, Yorkshire and Humber, survey finds
Economy
The Small Business Index from the Federation of Small Businesses found a big drop in business confidence during the second quarter of 2022 as costs rose sharply
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Cardiff is the º£½ÇÊÓÆµ capital for new businesses
Economy
The city has the highest positive balance in the º£½ÇÊÓÆµ between business births and deaths
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Thousands of Welsh firms in significant financial distress
Economy
The latest Red Flag Alert research from Begbies Traynor covers the second quarter of this year
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Chamber urges next PM ‘We need your help’ as inflation and rate rises prompt recession fears
Chamber of Commerce
Chamber says there is hope of improvement in the medium to long term – if they get the support urgently needed
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NatWest survey shows East Midlands economy contracting
Economy
However job numbers up and rate of cost inflation said to have eased to ten-month low
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Welsh private sector sees marginal growth in July as business activity slows
NatWest
The latest PMI data from NatWest Bank showed there was a marginal upturn in output across the Welsh private sector
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'Increasingly gloomy outlook' for South West firms as rising inflation bites
Economy
Business activity in the region was "muted" in July
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North East business activity falls at fastest rate in 18 months, survey says
Economy
NatWest North East Business Activity Index measures changes in the region's manufacturing and service sectors
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Yorkshire and Humber business activity falls to lowest level in 18 months
Economy
The NatWest Business Activity Index measures the output of the region’s manufacturing and service sectors
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