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Economy
12:37, 27 MAR 2023
South West production company to premiere law case movie in Plymouth
Education
Time-Lock Productions' Mrs Carlill v Carbolic Smokeball Co is intended as first of series called The Justice Files
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Warning as 39,000 South West firms in significant financial distress
Economy
Begbies Traynor's Red Flag Alert Report reveals 1,248 Plymouth firms faced difficulties in Q3
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Octopus Energy among big firms helping value of Ƶ’s net-zero tech sector double in a year
Technology
In all eight Ƶ net-zero tech firms have passed the billion-dollar - £730 million - valuation “unicorn” status
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South West businesses plan recruitment even as confidence in economy falters
Employment
New Lloyds report says firms' confidence in own prospects grows but optimism for economy wanes
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Welsh business confidence tumbles shows latest research from Lloyds
Economy
The overall confidence rating for Wales was 23% compared to 43% for the Ƶ as a whole
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Impact of supply chain crisis and Covid revealed as almost 8,000 Leicestershire businesses in ‘significant’ distress
Insolvency and Administration
Challenges include rising inflation, labour shortages, spiralling energy prices and the winding back of Covid support
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Grimsby relief road remains priority despite Government funding blow
Transport
North East Lincolnshire Council leader Philip Jackson said he was ‘extremely disappointed’ the scheme missed out on Government financial support
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Chief executive of Chamber Wales is standing down
Wales
After five years in the role Heather Anstey-Myers is leaving the business membership organisation
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Corporate insolvencies rise 70% in South West as inflation bites
Insolvency and Administration
Supply chain issues and loss of Government Covid support also cited as reasons firms are going insolvent
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More than 200 apprentices and graduates join Babcock in Plymouth
Employment
Engineering giant takes on new staff at its vast Devonport operation
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R&D centre for nuclear industries in Derby gets £9m boost
Engineering
A pilot facility opened February 2019 and plans are underway for a full-scale manufacturing centre covering 46,000 sq ft
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Firms combine on plan to bring hydrogen-powered flights to Isles of Scilly
Transport
Isles of Scilly Steamship Group, Cranfield Aerospace Solutions and Britten-Norman sign Letter of Intent to make zero-carbon aviation reality
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Exeter's Troy Ƶ targets growth after landing £25m Santander funding
Finance
Engineering tool distributor has seen sales hit more than £200m and is targeting £500m in five years time
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Chancellor creates £200m South West investment fund to help SMEs
The Budget
Chancellor Rishi Sunak aims to further address issues around access to finance in wake of success of Cornwall and Isles of Scilly Investment Fund
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Plymouth receives £19.9m from Levelling Up Fund for road improvement
The Budget
Council given Government cash in Budget for Woolwell to The George transport scheme and extra park-and-ride parking
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Couple behind Wingates Gallery in Leicester and Market Harborough pick up five awards
SMEs
Andrew and Kathryn Cartwright took over Market Harborough gallery in 2017 then opened another in Leicester in 2019
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Autumn Budget 2021: East Midlands Chamber responds
The Budget
'This was a fairly steady, even-handed Budget with little to excite or fright businesses'
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Autumn Budget 2021: East Midlands businesses still worried despite Chancellor's promise of stronger economy
The Budget
FSB: "Where inflation and forthcoming tax hikes are concerned, the clouds are gathering"
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HellermannTyton to create 100 jobs in Plymouth after factory expansion
Technology
Work begins on phase II of multi-million pound extension of base at Plymouth International Medical and Technology Park
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Devon fleet tech firm Lightfoot set for growth after private equity investment
Technology
Company which has designed a 'Fitbit for cars and vans' is set for growth after support from Volpi Capital
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Budding entrepreneurs set to pitch ideas at Plymouth Techstars startup event
Technology
Following successful debut in 2019 the event is being staged again but this time with a focus on marine sector startups
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Ad Feature
The East Midlands Conference Centre is providing state-of-the-art events facilities for businesses
Nottinghamshire Live Business Awards
The venue sponsored the NottinghamshireLive Business Awards 2021
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The Wales Fast Growth 50, 2021: These are the fastest growing firms in Wales
Economy
Between them the 50 firms created additional revenues of £336m and 2,000 new jobs over the last two years
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Autumn Budget 2021: Covid support and business rates reform on South West leaders' wishlist
The Budget
Leaders from across the region have spelled out their hopes ahead of chancellor Rishi Sunak's Autumn statement
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