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Economic Development

Chancellor set to unveil plans for new 'investment zones' to boost local economies
Economic Development
Relaxed planning rules to release more land for development and changes to environmental regulation are among the proposals from Kwasi Kwarteng
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Hull could be set for new 'Investment Zone' status in new Chancellor's mini-budget
º£½ÇÊÓƵ Government
Pre-announcement briefing puts Hull at the forefront of new strategy to pick up the pace of delivery - with freeport flip potential
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Global Centre for Rail Excellence signs R&D partnership with University of Birmingham
Transport
The partnership will see railway expertise from academia, government and industry contribute to the test centre in south Wales
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New logistics and warehousing college opens at vast Magna Park site in South Leicestershire
Skills and Apprenticeships
When fully operational the centre will have up to 1,000 students
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Developer says 2,500 jobs could be created under plans to extend MIRA Technology Park
Automotive
Site is already home to 40 companies including Aston Martin, Bentley, Continental tyres and Jaguar Land Rover
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Bank of England raises interest rates to 2.25% - the highest level since the financial crisis
Bank Of England
Monetary Policy Committee moves to tackle inflation
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200 new jobs as British Gas expands call centre contract with Hull firm to help with cost-of-living crisis
Employment
ResQ has worked with the energy giant for the past 11 years
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'Decisive action, clarity and simplification' or 'smoke and mirrors': North West business leaders share views ahead of mini-Budget
North West
Leaders from across the region have had their say
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Tech-driven sporting and social venue to open in Hull's Old Town
Retail & High Street
King William House will host innovative format that blends competitive entertainment with academy-style coaching
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Expanding energy company VPI appoints first chief executive after significant growth in º£½ÇÊÓƵ operations
Energy
£2b investment in transitional Net Zero strategy flaggged with Humber Zero plans high on the agenda
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Green light for three more units at Pioneer science and technology park in Leicester
property news
New buildings will 'enhance the facilities available to the research and development sector'
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Pay boost for 18,000 Welsh workers as real living wage rises
Employment
The new Living Wage rates will rise to £10.90 an hour for workers in Wales and across the º£½ÇÊÓƵ
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Manufacturers plead for help as growth forecasts are slashed for next year
Economic Development
Make º£½ÇÊÓƵ has downgraded its forecasts for next year and called for action in this week's Government 'fiscal event'
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Welsh firms welcome energy bill support but say more help is needed
º£½ÇÊÓƵ Government
The Business Secretary announced an energy price cap for all businesses from 1 October to April 2023
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Businesses 'will breathe sigh of relief' - West Midlands reaction to latest energy price cap
West Midlands
Price cap has been extended by º£½ÇÊÓƵ government from domestic customers to companies as many feared winter bills could force them to close
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North East business groups give cautious welcome to energy support package
Economy
The scheme will run for an initial six months with the likelihood of more targeted support after that
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Former Anglesey Aluminium site sold to Stena Line
Deals
The acquisition is part of Stena Line's plans to expand the Port of Holyhead
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WRU signs 'landmark' multi-year deal with Vodafone
Deals
As part of the deal Vodafone will become the front-of-shirt sponsor for Wales Women rugby
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Second hand car prices up almost a third in a year at Evans Halshaw and Stratstone group
Retail & High Street
Average second hand car prices almost £19,000 during first half of 2022 – compared the £14,400 a year earlier
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Power generator Uniper nationalised by German government as stabilisation measure over energy crisis
Energy
Gas-focused business with major º£½ÇÊÓƵ assets has been hit by hikes and impact of Russia's Ukrainian invasion - no plans to sell off
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Businesses welcome 'lifeline' energy price support - but say Kwasi Kwarteng needs to give them more support in Friday's mini-Budget
Economic Development
Chancellor 'must take steps to address the cost of doing business'
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Graduates welcomed to Arco on inaugural programme for Hull safety giant
Employment
It is hoped the graduate placement programme will become a regular recruitment avenue
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How the government's multibillion-pound energy bills plan will impact North West businesses
North West
The government is will provide a discount on wholesale gas and electricity prices for all non-domestic customers
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Government will freeze energy prices for business from October 1 as Kwasi Kwarteng moves to 'stop businesses collapsing'
Kwasi Kwarteng
PM Liz Truss says shops and pubs will get extra support
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