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Economy

South West firms hike prices after 'unprecedented' rise in costs
South West
Growth among private sector firms was strong in November, but increased costs and staff shortages led to a dip in confidence
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Cornish fashion brand Seasalt sees sales edge towards £100m
Company Results
Growth in online retail helps Falmouth-based firm although shop sales rebounded well once stores were allowed to reopen
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Business activity, sales and output continue to increase for West Midlands firms but at much slower rate - report
West Midlands
The latest NatWest PMI report shows that growth among West Midlands firms has lost momentum
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November saw strong growth in East Midlands business activity, says NatWest
Enterprise
However companies said inflation continued to cause concern while order backlogs hit “unprecedented” levels
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‘New beginning’ could see up to 4,000 jobs created on historic East Midlands ironworks site
Construction
Developer wants to bring the area “back to life” with warehouse and industrial units totalling around 2.5 million sq ft
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North East business activity contracts as ongoing shortages and cost pressures bite
Economy
The NatWest Business Activity Index showed the North East was the only region to see decline, with growth sustained elsewhere.
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North West's private sector economy 'continued to recover strongly' in November, NatWest data shows
NatWest
NatWest's headline North West Business Activity Index climbed from October's 55.3 to a four-month high of 57.6 in November
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Caution urged as economic upturn led by service sector as manufacturing stagnates
Economy
Economic snapshot 'pins the fate of the broader recovery in a precarious position'
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Use Chamber network to help drive levelling-up agenda, director general urges Government
Economy
The British Chambers of Commerce leader Shevaun Haviland says the looming White Paper must have evidence-based policies
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East Midlands Airport cargo shipments up more than 25% on pre-pandemic levels
Transport
During the global lockdowns the airport was the tenth busiest in Europe thanks to its global freight operations
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Value of exports from Welsh manufacturers to exceed £9bn this year
Exports
New research from Barclays also shows that a high number of firms in Wales plan to export for the first time in 2022
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Dunelm signs up to £185m of Net Zero credit
Climate Agenda
Homeware chain vows to half greenhouse gas emissions within eight years
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Departing CEO leaves Theatre Royal Plymouth in financial good health
Theatre
As Adrian Vinken steps down after 31 years running Ƶ's largest regional producing theatre he says cultural sector would have been almost wiped out without Government's Covid bailout
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Father-and-son cobblers see business recover from lockdown but inflation now bites
Retail & High Street
Dick Benson-Gyles revisits Plymouth's Cobblers and Keys and finds it has survived after being hit by a Covid-induced £74k sales slump and is now confident despite rising input prices
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Tesco wants to put cash machine into planned Plymouth supermarket
Retail & High Street
Britain's largest retailer aims to open Tesco Express on ground floor of six-storey apartment block in Mount Wise regeneration area
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Plymouth set for economic boost from £2bn Devonport Dockyard rebuild
Economy
Babcock chair Ruth Cairnie highlights importance of company to city and its communities on visit to meet Plymouth manufacturers
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2,000 jobs hope as land deal done for proposed Scunthorpe advanced manufacturing park
Deals
Research, development and innovation eyed as potential new economic driver unveiled
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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 Ƶ 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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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 Ƶ
Economy
The 2021 Ƶ Competitiveness Index does though rank Blaenau Gwent as the least competitive local authority area
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