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Economy
09:51, 6 JAN 2022
North West 'set for £26.4bn boost' thanks to manufacturing exports boom
North West
The data has been included in a new report from Barclays Corporate Banking
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Plymouth set for economic boost as SailGP grand prix returns to city
Sailing
Britain's Ocean City received a £6.9m shot in the arm from Global sailing event in 2021 and now it will be back in 2022
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Cornish Lithium shareholders approve £18m TechMet investment
Finance
Mining company will now fast-tack projects in Cornwall after finance injection from leading technology metals investor
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Test drilling at historic Cornish mine finds 'multiple zones' of high-grade copper
Environment
Cornish Metals unearths tin and silver too at its United Downs site in the duchy
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National robotics research centre could help º£½ÇÊÓÆµ fight supply chain and workforce availability issues
Technology
Loughborough University leading national centre to unlock full potential of automated industrial manufacturing
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Ad Feature
Leicestershire accountancy firm supports employee mental health with tree planting programme and free online counselling
Leicestershire Live Women in Business Awards
MHA Macintyre Hudson sponsored the LeicestershireLive Women in Business Awards 2021
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Wales no longer has the least competitive economy in the º£½ÇÊÓÆµ
Economy
The 2021 º£½ÇÊÓÆµ Competitiveness Index does though rank Blaenau Gwent as the least competitive local authority area
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Insolvency warning as South West firms struggle to repay Bounce Back Loans
Insolvency and Administration
Leading insolvency practitioner says there has been a 100% increase in companies wanting advice after finding Government-backed loans a burden
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Defence giant Babcock returns to profit after recovering from Covid interruptions
Company Results
Company said Rosyth's new Type 31 frigates and Plymouth infrastructure rebuild at Devonport helped generate much needed income
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Work starts on delayed Plymouth waterfront apartment block
Construction
AIM-listed Sutton Harbour Group begins prelim work at site of nine-storey Harbour Arch Quay development with main construction beginning in January 2022
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More than 200 Leicestershire firms to benefit from specialist business support service thanks to £2m grant
Economy
Businesses will be able to get share of £650k of grants and continued access to business support services
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Modern Day Slavery: Study asks workers what needs to be done to clean up Leicester’s tarnished textiles sector
Employment
'It is vital the community are involved in helping provide solutions to labour exploitation in the garment industry in Leicester'
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Linconlshire food, bakery and meat group Wild Jacks creating jobs after securing £250k funding
Food and Drink
Brands include Odling's Butchers of Navenby, Welbourne's Wine & Deli, Welbourne's Bakery and JH Starbuck
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New 10-year project aims to decarbonise industry and manufacturing in the Black Country
Climate Agenda
It is targeting a reduction of 1.3 metric tonnes of CO2 across the region in the next decade
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Exeter's economy predicted to outstrip Plymouth and Bristol in 2022
GVA
New º£½ÇÊÓÆµ Powerhouse report says Exeter will jump into top 10 cities for GVA growth while Bristol and Plymouth both slip down table for jobs creation
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Lack of access to funds and skilled staff holding back manufacturers – report
Manufacturing
Make º£½ÇÊÓÆµ said its study showed that two out of five smaller manufacturing firms had the potential to expand
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Encore recruitment shares £93k of apprenticeship levy funding to help tackle the growing º£½ÇÊÓÆµ skills gap
Employment
A business can transfer up to 25 per cent of its annual levy funds to another company or charity
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Link Northern towns to nearby cities to improve economic fortunes, report says
Economic Development
The report from the Northern Powerhouse Partnership says Blyth in Northumberland would benefit from better links to Newcastle
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Business-building football chairman hails Grimsby growth opportunities
Economy
Jason Stockwood's illuminating speech highlighted Grimsby's position 'at the centre of a number of vectors'
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Plymouth engineering and chandlery business goes on market
Engineering
Mount Batten Boathouse Ltd is predicted to see turnover hit £700k but is on sale because owners are looking to retire
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Ex-apprentice named as new boss at Exeter Airport
Transport
Stephen Wiltshire began his career on an engineering apprenticeship in Filton and now will look to help Devon's airport bounce back from a £3.3m Covid-year loss
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Wales needs a greater focus on boosting scale-up firms
Wales
Other parts of the º£½ÇÊÓÆµ provide more support to scale-up firms
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º£½ÇÊÓÆµâ€™s largest offshore wind tower factory to be built in Scotland
Scottish and Southern Energy
The £110 million project is a joint operation between Global Energy Group (GEG), which has its headquarters in Inverness, and Spanish offshore wind tower manufacturing specialist Haizea Wind Group
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Midlands’ biggest manufacturers come together to discuss their part in the levelling up agenda
Economy
Sir John Peace: 'Our region was the original global manufacturing pioneer, and we continue to lead the world'
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