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Economy

Manchester the leading English city outside London for foreign direct investment despite 'challenging' year for North West
North West
The North West has done well in high value areas, particularly research & development and health'
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How Derby is drawing up a blueprint to revitalise post-Covid city centres across the º£½ÇÊÓƵ
Retail & High Street
Consumer and business confidence has taken a fresh blow from spiralling prices and Brexit bureaucracy
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Government 'considering' extending Hinkley Point B to protect º£½ÇÊÓƵ electric
Energy
The business secretary has looked at continuing generation at the Somerset power station to guard against depleted European gas supplies
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How old Imperial Tobacco factory in Nottingham is being transformed into 426,000 sq ft business park
Construction
Factory opened in 1970s and at its peak employed more than 7,000 people and produced billions of cigarettes a year
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Freedom and passion are the two main drivers for entrepreneurship
Economy
The º£½ÇÊÓƵ-wide Startup of the Year Awards had an amazing 2,500 entries
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Why East Midlands entrepreneurs are holding back on launching new businesses
SMEs
'It appears that the region’s entrepreneurial spirit has been significantly dampened'
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South West firms slam Chancellor's 'short-term' cost of living response
Economy
Firms in the region have criticised Rishi Sunak’s £15bn support package as energy bills soar and inflation reaches a 40-year high
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South West's 'financial strength' now greater than London, research finds
South West
The West Country is outstripping the rest of the º£½ÇÊÓƵ when it comes to the growth potential of its businesses, Quantuma said
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Chamber criticises Chancellor for failing to help businesses with energy bills
Energy
Chamber boss says Cutting VAT to 5% on firms’ energy bills and deferring NIC increase to April next year would help
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Severn Trent announces £30m fund to help extra 100,000 people struggling to pay water bills
Severn Trent
It means 315,000 lowest income families could get 90% cut to their water charges
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Employers not doing enough for workers from poorer backgrounds, report says
Economy
Just two in five employees from poorer backgrounds in the North East feel included in the workplace, and only half feel safe to be open about their background, new research suggests.
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Bank of England chief economist Huw Pill on inflation, interest rates and the labour market
Economy
He believes interest rate rises could have some say to go while whether those who left the workforce due to the pandemic will return is a big question for the º£½ÇÊÓƵ economy
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Nuclear fusion plant bid for Gloucestershire receives backing from Toshiba and Renishaw
Gloucestershire
The Government is considering five locations around the º£½ÇÊÓƵ for the site and is expected to make a decision by the end of 2022
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How sisters Denise and Elaine James are cleaning up with their Total Waste Control business
SMEs
The sisters came from humble beginnings, growing up on a council estate in Chesterfield
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º£½ÇÊÓƵ house prices hit record high as homes remain in short supply
property news
The property market appears to be bucking the economic downturn, latest data from Rightmove suggests
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North East economy falling further behind rest of country, report says
Economy
Annual report from the North East LEP highlights a growing gap with the rest of the º£½ÇÊÓƵ in five of the six areas it measures
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Interest rates might have to rise further to tackle soaring inflation says Bank of England chief economist
Bank Of England
Welshman Huw Pill was speaking at an ACCA Wales event in Cardiff
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Bristol deputy mayor says inflation 'real risk' to green business goals
Climate Agenda
Cllr Craig Cheney and NatWest’s head of climate change met small businesses in the city working towards more environmentally friendly operations
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Doncaster granted city status for Queen's Platinum Jubilee
Yorkshire & Humber
South Yorkshire now has a second city as one of eight announced ahead of royal celebrations
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Government must stop º£½ÇÊÓƵ sleepwalking into recession due to ‘eye-watering’ inflation, says Chamber boss
º£½ÇÊÓƵ Government
Scott Knowles, 'More needs to be done to help consumers and businesses through this difficult period'
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Fred Done’s Salboy unveils £100m Newquay plans for hotel, cinema and homes
Construction
The developer has said the scheme could create and support hundreds of jobs and provide a multi-million pound boost for the Cornish tourism hotspot
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Omega, Rolex and Tag Heuer sales still rising despite gloomy economic outlook
Retail & High Street
Even as household spending pressures rise, Watches of Switzerland Group said sales could reach £1.5bn over next year
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Cost of living crisis is 'destroying business', says Bristol vintage clothes retailer
Retail & High Street
Kate Ashwell, founder of Ashwell & Co, has called on the Government to do more to help struggling companies like hers
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Cost of living rises at fastest rate for 40 years
Economy
Inflation rose to 9% in the year to April, up from an already high 7% in March
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