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Economy
12:58, 5 OCT 2022
Vertu Motors to aid customers in cost-of-living crisis after posting profit fall in half year results
Automotive
CEO Robert Forrester said he was pleased with the results and that Vertu has a strategy to aid customers in the months ahead
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Welsh business confidence lowest in Ƶ says Lloyds Bank survey
Lloyds
Trading confidence fell five points to -4% last month
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Only 1% of East Midlands workers would have benefited from Liz Truss' tax cut for the rich
East Midlands
Government u-turned on plans to abolish the 45% income tax rate for those earning £150,000-plus
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New managing partner appointed at Newcastle business advisors RSM
Appointments
Richard Urron takes over the top job at the Tyneside office from Steve Railton
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Macroeconomic stability vital for Welsh firms' investment plans
Economy
Policies unlocking sustainable growth and productivity without stoking inflation are no longer optional, but essential
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Bristol businesses vote to renew city centre BID for five more years
Bristol
The business improvement district is funded by levy payers and the money spent on projects to improve the city centre
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Killing Eve production company expands into Bristol
Creative & Digital
The firm will be based at Bristol City Council-owned Bottle Yard Studios and has appointed a new development director
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Line-up for Leicester Business Festival 2022 announced
Economy
A football club aiming for Net Zero, digital masterclasses and improving mental health in the workplace all feature
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Insurance giant Hastings Direct offers workers 5% pay rise and £500 cost of living bonus
Employment
Company also giving staff access to £200,000 hardship fund and free meals at Bexhill and Leicester offices
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The huge fallout from the mini-Budget has quelled its positive growth measures
Opinion
Chancellor Kwasi Kwartang should have asked to independent Office for Budget Responsibility to assess the impact of his mini-Budget
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‘If Next is struggling, you can be sure the retail sector is in a real fix’ – experts react to retailer's latest results
Retail & High Street
High street giant said despite a good start to 2022 it was cutting its profit forecast for the full year
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Law firm Sintons gives staff £1,000 bonus as support during cost of living crisis
Economy
The Newcastle firm joins a growing list of companies taking steps to help their employees during the crisis
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Next Plc suggests Government stimulate economy by cutting projects like HS2 and relaxing migration rules
Retail & Consumer
‘Success through adversity will not depend on our ability to foresee the future…. It will depend on how well we adapt’
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'It's a chance to tell our city’s story': How hosting Eurovision could boost Liverpool's economy
North West
A final decision is expected to be made in the coming weeks
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Bristol film and TV production 'thriving' as shows including The Outlaws generate millions for economy
Economy
The amount of filming that took place in the city was up by 10% on the previous financial year, new figures from the Bristol Film Office show
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Utility supplier Yu energy sees revenues double and profits rise almost 400 per cent
Energy
CEO confident the business can maintain profitable growth in the face of global challenges facing energy markets
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Lenders withdraw mortgages from sale following mini-budget market turmoil
Economy
Virgin Money, Halifax and Skipton are among lenders to take some of their products off the market
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Wales is a hotspot for business incubators and accelerators
Economy
Wales has the second highest concentration of incubators per 100,000 businesses in the Ƶ after Oxfordshire.
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North outperforms rest of country in attracting foreign investment
Economy
Report from the Northern Powerhouse Partnership highlights big rise in overseas investments, which have helped to create tens of thousands of jobs
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Starling Bank launches online budget planner as young people 'downsize' lifestyles
Finance
More than a quarter of young adults are putting major purchases on hold
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Chancellor's mini Budget "cautiously welcomed" by Welsh business groups
The Budget
Business leaders and politicians in Wales have had their say on Kwasi Kwarteng's mini Budget
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Opinion: Don't forget the South West when levelling up the Ƶ
Economy
"It’s up to us as business leaders, owners and professionals to make the case for our region"
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Reaction as East Midlands set to get three low tax 'Investment Zones' in bid to drive growth
Kwasi Kwarteng
Investment Zones would have business tax benefits, more land for housing and development set aside and other perks
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North East business groups welcome 'mini Budget' but warn on economy
Economy
Labour said the Government "have decided to replace levelling up with trickle down”
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