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Economic Development

Cromwell Tools signs distribution deal with XPO Logistics
Logistics
Deal will see many of its products shipped at night when roads are clearer
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Autumn 2022 jobs and people news in the East Midlands
Appointments
Updates from Cooper Parry, Stepnell, Infuse, Nottingham Venues, Lubrizol, Elanders º£½ÇÊÓƵ, E4E, Armsons Barlow, Enrok and more
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National Forest Company invites landowners to meet them down the pub to talk about working together
Leisure & Touism
Since 1995, National Forest Company has worked with hundreds of farmers and holiday and leisure operators
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Falmouth University academic staff to strike in employment dispute
Education
Lecturers and researchers at the university in Cornwall are set to walk out for three consecutive says this month
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Blueprint launched to 'level up' the West Midlands
West Midlands
Report aims to tell Government what the region needs to prosper
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New train service between Wales and London could launch in next three years
Wales
Grand Union Trains wants to run five daily return services between Carmarthen and London Paddington from 2025
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Long-term fertiliser contract to aid continued growth for ABP and Thomas Bell
Logistics
Eight year extension for long-standing northern Lincolnshire business follows recent addition of global operator in the field
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Welsh business confidence lowest in º£½ÇÊÓƵ says Lloyds Bank survey
Lloyds
Trading confidence fell five points to -4% last month
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Chief executive of new Somerset Council appointed
Appointments
Duncan Sharkey will oversee the transition as Somerset's five councils are restricted into a new unitary authority
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World first nuclear fusion power station to be built in Nottinghamshire
Tech
Fusion is based on the same physical reactions that power the sun and stars
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Kwasi Kwarteng accepts growth plan caused 'a little turbulence' as government U-turns over income tax cuts
Kwasi Kwarteng
Embattled Chancellor says 'it has been tough but we need to focus on the job in hand'
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Only 1% of East Midlands workers would have benefited from Liz Truss' tax cut for the rich
East Midlands
Government u-turned on plans to abolish the 45% income tax rate for those earning £150,000-plus
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Drax agrees deal for US pellet plant stake as it vehemently defends Canadian forestry work amid BBC claims
Deals
Panorama programme dismissed by North Yorkshire power giant bosses as supply chain secured in $22m deal
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Tom Copson promoted to managing partner at Rowleys accountants
Appointments
He replaces Robert Radford who has been managing partner for the last 15 years
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Encore Personnel acquired by Italy-based Gi Group
Deals
Encore was set up in Leicester in 2002 and has branches in Leicester, Birmingham and across the Midlands
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Morningside Pharmaceuticals sold to Aspire Pharma
Pharmaceuticals
In recent years Morningside founder Dr Nik Kotecha OBE has been dedicating time to the Randal Charitable Foundation
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Contracts worth £1.3bn awarded for A303 Stonehenge tunnel scheme
Transport
National Highways has announced deals with an international group of construction companies, civil engineering firm Costain and consultancy Mott MacDonald
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Brexit ‘freedom’ is bringing a freeport to Wales for the first time says Welsh Secretary
Brexit
The Secretary of State for Wales said the government was using its freedom outside of the EU to bring the freeport to Wales
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Bristol businesses vote to renew city centre BID for five more years
Bristol
The business improvement district is funded by levy payers and the money spent on projects to improve the city centre
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Truss and Kwarteng U-turn on plans to abolish 45p rate of tax for the rich - updated
Economic Development
Proposal had proved unpopular during cost of living crisis
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Former HMRC tax office in Leicester sold to developer
property news
The vacant, 89,000 sq ft Saxon House gained planning approval for flats in August last year
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Gritting business Weatherwise Services gearing up everything the weather has to throw at it
business support
Clients include PepsiCo, DHL and Leicester City Football Club
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Line-up for Leicester Business Festival 2022 announced
Economy
A football club aiming for Net Zero, digital masterclasses and improving mental health in the workplace all feature
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Humber climate summit aims to break down business barriers to Net Zero
Climate Agenda
The Waterline Summit returns this month and aims to ensure the global emergency - and the Humber's role in providing solutions - remains top of the agenda
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