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Economy
10:12, 29 OCT 2021
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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Family-run mattress and bed manufacturer Hypnos Beds creating 50 jobs at its East Midlands base
Employment
New recruits are being offered a £500 joining fee, paid after 12 weeks
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Grove Pet Foods invest £5m in new Lincs facilities
Dog-friendly business
Management hope rising sales at home and abroad will boost job opportunities
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The new £20m facility to help firms in the Swansea Bay City region decarbonise
Wales
The South Wales Industrial Transition for Carbon Hub is located close to Tata's Port Talbot steelworks
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Plymouth Argyle FC makes £376k profit as fans refuse to claim refunds
Company Results
Supporters thanked for not asking for money back on season tickets after Covid meant 2020/21 season games had to be played behind closed doors
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Directors at three companies punished for misusing almost £100,000 of Covid Bounce Back Loans
Insolvency and Administration
Insolvency Service said one pub landlord paid £4,100 to his ex-girlfriend and spent £1,120 on online gambling
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The Family Law Company continues expansion with Plymouth office move
Legal
South West's largest family law firm needs more space after staff growth and turnover hike during 2020-2021
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Industrial hub IAMP set to create 7,000 jobs reaches major milestone
property news
All the land available for development in phase one of IAMP has now been taken up - with more than 2m sqft set to come forward
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Somerset baby products company Hippychick moves manufacturing to º£½ÇÊÓÆµ
Brexit
The company said it had outsourced production to baby accessories business Thimble amid 'Brexit-related issues'
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Plymouth cultural bodies seek board members from diverse backgrounds
South West
KARST, Barbican Theatre and Plymouth Culture seek applications from all but keen for youth, community and an ethnically diverse applicants to step forward
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Norwegian logistics giant invests in Exeter automotive tech firm DeGould
Finance
Wallenius Wilhelmsen's cash injection is part of £6m going to DeGould from new and existing investors
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º£½ÇÊÓÆµ Infrastructure Bank invests £107m into Teesworks scheme set to unlock thousands of jobs
Deals
The public policy bank has confirmed the Teesside site will receive its first ever investment, unlocking thousands of jobs
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Exeter tech firm Distil.ai receives £400k investment from asset manager
Finance
AIM-listed Mercia supports growth and product-development plans of firm which already has high-profile clients
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Award-winning Plymouth microbrewery Steel Brew Co expands
Food and Drink
Business which began during 2020's lockdown is now moving to new premises but remaining within Ocean City's Royal William Yard
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Brittany Ferries receives 45m-euro bailout from French government
Finance
Company which has its º£½ÇÊÓÆµ headquarters in Plymouth receives support form French state after Covid-related travel restrictions caused huge dip in revenue
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Plymouth-based Burts Snacks creates special festive flavour for Costa
Food and Drink
Company cements deal with leading coffee chain that was first secured in 2020
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Derelict Plymouth city centre plot given £3.5m price tag
property news
Land one used as ITV studio has outlie permission for flats, a hotel and multi-storey car park
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Burger King expansion continues with Plymouth drive-thru plan
Food and Drink
Chain wants a home for its Whopper on the site of a car wash just yards from a drive-thru run by rival McDonalds
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Why need to 'share the love' on innovation
Economy
We need to embrace open innovation
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Devon's Newton Print provides paw-fect packaging for vegan dog food start-up
Food and Drink
South West company's eco-credentials made it the choice for London's plant-based pet food producer DoGood
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Devon's Travel Chapter holiday lets firm eyes glamping market as it prepares AIM float
Finance
Company behind holidaycottages.co.uk prepares IPO and is looking at alternative holiday market as it recovers strongly from Covid disrupted trading
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Deadline nears for Devon Net Zero Innovation Fund applications
Environment
Fund is offering up to £7,500 to firms looking to develop low carbon products or services in collaboration with University of Plymouth academics
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Plymouth's Tungsten West begins trading shares and plots restart of mining
Environment
Company which owns vast Hemerdon tungsten and tin resource joins AIM and looks at full production by end of 2022
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Babcock reveals £115m half-year profit as it sells engineering consultancy
Company Results
Devonport and Rosyth dockyard operator offloads Frazer-Nash Consultancy for £293m as part of plan to drive down debt pile
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