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Economy
00:01, 29 JUL 2022
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£½ÇÊÓÆµ 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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Survey highlights vital importance of North East manufacturing as sector recovers from Covid
Economy
The Make º£½ÇÊÓÆµ and BDO annual survey shows the North East has also increased its dependence on the EU market
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Bristol office market 'strong' despite economic uncertainty
Offices
The city saw the highest take-up levels for the second quarter of the year in the last three years
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Government backs 'world leading' South West in green aerospace investment drive
Aerospace
The region - home to giants of the trade such as Airbus and GKN - has been recognised as a "global destination" for aviation
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"Tough times" to continue in º£½ÇÊÓÆµ economy, Bank of England deputy governor warns
Bank Of England
Sir Dave Ramsden was speaking on a visit to Newcastle where he said it was the Bank's main priority to bring inflation down to 2%
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Housing market in Wales continues to grow as three Welsh towns see prices jump by more than 25%
Wales
But the cost of living crisis, interest rate hikes and rising borrowing costs have all led to speculation that the market will cool
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Housing market remains ‘robust’ says Barratt boss despite slowdown in economy
Housing
CEO David Thomas: 'We have the resilience and flexibility to react to changes in the operating environment'
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Pub giant Wetherspoon expects bigger losses due to rising wages
Food and Drink
The group said it is now expecting losses of around £30m after investing in staff and its huge estate
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Economy Minister Vaughan Gething on tourism taxes, holiday home rules and Brexit
Economy
The minister was in North Wales and defended moves to add taxes and rules on the tourism sector
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Chamber survey shows innovations as well as challenges as inflationary pressures bite
Economy
The results showed businesses are using the challenging times as an opportunity to go green
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