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Economic Development

Welsh Water to be investigated by watchdog Ofwat over leak reporting failures
Wales
The water company will also return £14m to customers in the coming months
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Chief executive of Starling Bank stepping down
Wales
Swansea-born Anne Boden said she will leave her role next month but remain on the board and partly own the challenger bank
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Fewer delays and more reliable trains part of £72m promise
North West
The package comes after TransPennine Express (TPE) lost its contract due to 'continuous cancellations'
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'We need to earn the right to again be loud', says new CBI boss
CBI
CBI director-general Rain Newton-Smith says the business group needs to win the trust of its members at a crunch meeting early next month
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Humber Business Week highlights previewed from a packed programme
Events
We take a look at some of the events being hosted as part of the annual celebration of the thriving community
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Asbestos conman told to repay more than £82,000
Courts
Environment Agency says Lee Charles targeted 40 towns and cities to dupe customers with high-value contracts
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Severn Trent says big players should have acted faster over pouring raw sewage into our seas
Severn Trent
Utility company said 'we should have given sewage activations much more attention and acted faster'
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Europe’s most efficient cold store facility taking shape following £130m investment
Commercial Property
Lincolnshire site will hold 101,000 pallets, be 155ft high and run on 100% renewable energy
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Amber Rudd and David Shukman help Hull celebrate first year of Oh Yes! Net Zero campaign
Climate Agenda
Collaborative movement seen as a crucial tool when it comes to action to achieve Net Zero
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RWE unveils carbon capture project for Pembroke Power Station
Climate Agenda
The company said the project would play a key role in decarbonising neighbouring industrial clusters
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New Aggregate Industries surface at Donington Park helps smash lap records
Construction
Some 6,500 tonnes of asphalt were removed and replaced over a 22 day period
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Virgin Orbit shuts down months after failed space launch from Cornwall
Aerospace
Richard Branson’s US firm, which attempted to shoot a rocket into orbit from the º£½ÇÊÓƵ’s only licensed spaceport at Cornwall Airport Newquay, said it would sell its assets to four winning bidders
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Inflation falls to lowest level since March last year
Economic Development
The Chancellor said food prices are still rising too fast
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£75m salmon farm proposal put to the public as Aquacultured addresses community concern
Food and Drink
40,000 sq m New Clee Sidings plan will be as loud as a hair dryer with waste water leaving the plant cleaner than when it enters
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Mixed North East jobs picture revealed in latest LEP review
Economy
Employment growth has resumed after the economic shock delivered by the pandemic but at a slower pace than the rest of the country
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Record Topps Tiles sales but inflation takes edge off profits
Retail & High Street
Though profits are down, margins are heading the right way again as shipping and gas prices normalise
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Drax unveils scale of US bioenergy with carbon capture and storage ambition with £7b portfolio
Energy
Two sites selected with nine more under consideration as it awaits resolution in º£½ÇÊÓƵ
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RWE's £1b carbon capture power plan progresses for South Humber Bank
Energy
New gas-fired generation could meet needs of one million homes and catch emissions to feed into emerging storage plans
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Cranswick's revenues up 15 per cent to £2.3 billion as investment in capacity pays dividends
Company Results
£32m prepared poultry plant in Hull supplemented with third cooked bacon line in home city as pet food investment gears up
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Jobs news from Poppy PR, Centrick, Reuseabox, Mitchells Accountants, Derby College and others
Appointments
Latest appointments and promotions from around the East Midlands
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Wiltshire housing group Aster builds record number of new homes in 2022/23
Housing
Aster Group delivered 1,312 new properties in its last financial year
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South West confidence ‘slowly’ rising, Federation of Small Businesses finds
SMEs
A survey by the business group found many smaller firms were looking to take on new staff and grow over the coming months
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Welsh economy has shrunk shows new figures from the ONS
Economic Development
The contraction was the biggest dip of any º£½ÇÊÓƵ nation or region
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Leicestershire Law Society pays special tribute to Mukesh Patel at 2023 awards
Law Society
Special president’s lifetime achievement award presented in memory of Mukesh Patel, who died this spring
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