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Economic Development

Severn Trent announces £30m fund to help extra 100,000 people struggling to pay water bills
Severn Trent
It means 315,000 lowest income families could get 90% cut to their water charges
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Huge appetite to be part of grand Net Zero plan as hundreds of businesses join Drax and Worley in Hull
Climate Agenda
Meet the buyer event sees contracts worth hundreds of millions of pounds outlined
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Plans for major new wind farm with 1,000ft turbines off North Wales coast have been submitted
Wales
Awel y Môr offshore wind farm could provide power for up to 500,000 homes
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Marrons Planning secures green light for countryside homes after plans were turned down three times
property news
Hinckley and Bosworth Borough Council had turned down Thornton plans following objections from residents
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City praise for Hull food giant Cranswick's performance against 'strong headwinds'
Company Results
Analysts have digested this week's results from the "high-class act" delivering "outstanding achievement"
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Contractors appointed to controversial A303 Stonehenge tunnel scheme
South West
The £1.7bn upgrade of the road between Amesbury and Berwick Down is still awaiting approval from the transport secretary
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Colwyn Bay's mini-pier will host two food and drink businesses over the summer
Wales
Conwy council has agreed seasonal licences for the new truncated pier
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Business confidence in Wales remains higher than º£½ÇÊÓƵ average but concerns over tax burden
Wales
ICAEW’s Business Confidence Monitor for Wales for Q2 2022 did find confidence was starting to slip
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Employers not doing enough for workers from poorer backgrounds, report says
Economy
Just two in five employees from poorer backgrounds in the North East feel included in the workplace, and only half feel safe to be open about their background, new research suggests.
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£400m deal agreed for Hornsea One offshore wind farm investment stake by º£½ÇÊÓƵ fund
Energy
Global Infrastructure Partners is divesting part of the 50/50 stake it holds with Orsted
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Plans to redevelop an entire North Wales village have been submitted
Wales
Penrhos Polish Village in Pwllheli was founded in 1949 but could now be transformed
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Developer starts work on North Wales industrial units that will create 100,000 sq ft of space
Wales
McLaren Construction is building two state-of-the art industrial/distribution units on Deeside Industrial Park
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Bank of England chief economist Huw Pill on inflation, interest rates and the labour market
Economy
He believes interest rate rises could have some say to go while whether those who left the workforce due to the pandemic will return is a big question for the º£½ÇÊÓƵ economy
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Reports show scale of debts Orthios group left after collapse
Wales
Anglesey firm went into administration in March with around 140 staff losing their jobs
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Welsh Government push on with tax hike for holiday homes not let out at least half the year
Wales
Finance minister Rebecca Evans confirmed the move despite hostility from many in the sector and warning it will cost 'jobs and livelihoods'
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Commonwealth Games trade mission heads to Chicago and Toronto
West Midlands
West Midlands Mayor Andy Street is leading a delegation which is showcasing the investment opportunities in the region to US business leaders
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Former antiques store of Salvage Hunters star Drew Pritchard bought by Dylan's restaurant group
Economic Development
The brand will open a Baked Goods General Store and then hope to add their fourth North Wales restaurant
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Plans for huge solar facility near Exeter submitted to East Devon District Council
Energy
The developers behind the project have said the facility could power up to 18,500 homes
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Amazon scheme helps workers move up ladder – or even work elsewhere
Retail & High Street
Online giant backing courses ranging from accountancy to HGV drivers and software developers
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Leicester Riders Morningside Arena being transformed into biggest º£½ÇÊÓƵ venue of its kind
Construction
Work has started adding another 4,000 sq ft to the basketball stadium just outside the city’s inner ring road
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Rolls-Royce Submarines welder competing to be best on earth at the global ‘Skills Olympics’
Engineering
Will Hunt, who works in Derby, heading out to WorldSkills 2022 competition in China
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Chamber Expo back for Humber Business Week with new format and venue
Economic Development
Language specialist is backing free event as a belated gift to the city it has made its home
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Net zero drive could help level up areas like the North East, report says
Economic Development
The Resolution Foundation says jobs in green economies could close the productivity gap between regions
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North East thriving tech sector is showcased in bid to attract more inward investment
Technology
Department of International Trade specialists from around the world spent two days in the region to see the tech success story first-hand
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