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Economy

Private sector R&D expenditure in Wales sees double the º£½ÇÊÓƵ growth rate
Enterprise
But Welsh private sector share of total º£½ÇÊÓƵ R&D expenditure is less than 2%
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Fast-growing DIY retailer Toolstation opens third outlet in Plymouth
Construction
Unit at Faraday Mill Business Park follows those in Plympton and Estover and creates seven new jobs
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Finland a global hotspot for entrepreneurship and venture capital investment
SMEs
Latest figures show start-ups in the Nordic country have risen 23%
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Energy Central: Putting Blyth’s energy transition front and centre
º£½ÇÊÓƵ
Located on the Blyth Estuary, the Energy Central partnership brings together world-leading test facilities, unique quayside land development opportunities, and support from Northumberland County Council
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Plymouth travel firm Blue O Two saved after going into administration
Insolvency and Administration
Non-licensable part of business sold in pre-pack protecting jobs and 1,700 customers after Covid restrictions hit operations
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Corporates invest more than £800k into South West start-ups in just three months
Deals
KPMG study shows appetite for Corporate Venture Capital to invest in innovative small businesses
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Chamber issues inflation and skills warning despite unemployment at its lowest since pre-pandemic
Economy
Rise in the cost of living was at its highest in almost 10 years, hitting 4.2 per cent in the year to October
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Work starts on £1bn redevelopment of Devonport Dockyard
Armed Forces
Work starts at 10 Dock on five-year programme based around the huge 5 Basin and which will create 600 jobs
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Views sought on £3m plan to rejuvenate Plymouth's Civic Square
Environment
Council aims to start work on restoration and upgrade of city centre area between Guildhall and Council House and begins consultation
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Big Interview: Access Group boss on doubling revenues in 18 months, its £3bn value and creating 500 new jobs
Technology
Jon Jorgensen: 'We will soon be the biggest º£½ÇÊÓƵ headquartered software company, overtaking Sage by revenue'
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Northern transport bosses urge Government not to water down rail promises
Transport
The Government's Integrated Rail Review will be published on Thursday
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Eastern Airways to run year-round flights between Cornwall and London
Transport
Humberside-headquartered airline to take on PSO service from Cornwall Airport Newquay in December 2021 after hiatus caused by demise of original Flybe
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Plymouth start-up Agile Comms aims to disrupt telecoms market
SMEs
Founders Ollie Jackman and James Fisher signed clients in first two days and have big plans to create jobs
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Plymouth draws up action plan to tackle severe skills shortage
Employment
With more than 2,000 jobs unfilled in the city a major summit was called for business leaders to examine ways of solving the problem
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Humber focus as ABP reveals £5m plan to open up 1,000 acres of strategic land
Yorkshire & Humber
Energy focus on North Sea and supply chain needs for º£½ÇÊÓƵ Plc to be catered for by port giant
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South West predicts jobs boost from Celtic Sea energy boom
Economy
Crown Estate plans to generate enough electricity to power four million homes by 2035 leading to hopes of a bonanza for region
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Welsh Government launch new young guarantee flagship policy
Welsh Government
It will everyone under the age of 25 with the offer of work, education, training or self-employment
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Plymouth branding company Mandarin acquired by US licensing giant
Deals
Trevco bosses fly to Britain's Ocean City after snapping up Sisna Park-based company whose customers include Nike, Vispring and FIFA
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With a smart new Joules HQ now open, founder Tom Joule is looking forward to a bright future
Retail & High Street
‘We want people to collaborate, to be inventive and to be visionary and I for one think that’s difficult from behind a screen’
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Construction specialist Merit appointed to £66m pioneering pharma facility
Deals
The Cramlington company will carry out three quarters of the construction in Northumberland before shipping it to Stevenage
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North East manufacturing group issues warning over EU trade war
Armed Forces
The Advanced Manufacturing Forum has warned the Government against invoking Article 16 in its dispute with the EU over the Northern Ireland protocol
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Decarbonisation will hit communities like Port Talbot the hardest in the º£½ÇÊÓƵ says new research
Economy
The Royal Society for Arts, Manufactures and Commerce (RSA) has called on the º£½ÇÊÓƵ Government to create a Just Transition Fund to support communities in the transition to green production
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National taxi firm makes another big acquisition in its bid to take on the likes of Uber
Transport
Leicestershire-based Take Me has added Plymouth's TAXIFIRST to its portfolio, joining another local firm Tower Cabs
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Economic momentum being lost by supply chain issues and skills shortages, warns East Midlands Chamber
Chamber of Commerce
Further burdens on business such as higher national insurance contributions threatened to make things worse
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