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Economic Development

West Midlands receives £210m funding boost
West Midlands
Local leaders will decide how many can be spent to help businesses and create employment opportunities
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Welsh Power battery storage site in Newport acquired by London firm
Energy
Field Energy bought the 20 MW Newport site for an undisclosed sum
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US leisure giant Sun Communities buys Park Leisure for £182m - taking total º£½ÇÊÓƵ spend to more than £1bn
Leisure & Touism
Sun Communities follows up £950m Park Holidays deal with Park Leisure addition
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110-year-old woollen mill in West Wales hands ownership to its staff
Deals
Melin Tregwynt in Pembrokeshire which has been owned by the same family since 1912 have handed the reigns to its 42 employees
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Welsh seafood suppliers heading to world’s largest trade event for the sector
Wales
North Wales-based wholesalers Ocean Bay Seafoods and The Lobster Pot will be in Barcelona for Seafood Expo Global
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Inflation reaches 30-year high after hitting 7% mark in March
Economy
The rate of inflation is expected to rise higher when increasing power bills are added in next month
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North Wales developer sees spike in turnover, jobs and house completions
Wales
Castle Green is currently tracking ahead of its five-year budgeted growth plan
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Recruitment headache goes on as labour market shrinks in South West
Employment
Claimant count falls in Plymouth, Exeter and across the region and with firms finding candidate shortages makes it hard to fill jobs
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Easter round-up of East Midlands appointments and promotions
Employment
Changes at Actons, Passport365, Premier Logistics, BGF, Shoosmiths, Bellway
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Lord Mayor of London says global investors targeting opportunities in º£½ÇÊÓƵ high-growth firms
Deals
Vincent Keaveny said more need to be done to ensure more tech firms floated in London
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Wales performs well in latest export and job figures despite current global situation
Wales
Exports have not been hit as badly as other parts of the º£½ÇÊÓƵ and unemployment falls again - but inactivity rate remains high
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Offshore wind acceleration welcomed by Orsted and wider industry council
Energy
Energy Security Strategy commitment to ambition and pace of planning regime lapped up
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Energy giants Uniper and Shell unite for South Humber hydrogen production plan
Industrial
720MW target for blue hydrogen production as Uniper continues work on green hydrogen and port decarbonisation
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Nottingham housing association to get new HQ
property news
Complex will also include a care village with 50 independent living apartments, 14 supported living units and six bungalows
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Federation of Small Businesses announces Welsh winners at annual awards
Wales
The national ceremony took place in Cardiff with 12 awards given out
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These are the latest rail passenger numbers for the º£½ÇÊÓƵ
Transport
All rail operating companies are continuing to see an rise in passengers having seen levels severely hit during the height of the pandemic
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Governor of Bank of England hears how the Humber is a leading light in the future of energy security
Bank Of England
Andrew Bailey was a guest of Hull and Humber Chamber of Commerce
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Welsh care group quits fees forum in protest over claim North Wales councils are 'deprioritising care'
Wales
North Wales local authorities said the rates were set based on inflation, sector costs, the allocation from Welsh Government and consideration for council tax bills
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Medical manufacturer Pennine Healthcare donates £200k of PPE and supplies to Ukraine
Pharmaceuticals
Russia continues its murderous attacks on Ukraine with continuing reports of women and children killed
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North West firms report 'sustained rebound' as growth supports job creation
North West
NatWest has published its latest Regional PMI data for the region
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Opinion: War in Ukraine creating domino effect for East Midlands businesses
Chamber of Commerce
Chamber: ‘New ‘unknowns’ have undoubtedly impacted confidence and slowed the growth we would have hoped to see’
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East Midlands business activity grows at fastest pace in eight years – but war pushing prices up, says NatWest
Economy
Inflation and war conspire to make business confidence slip to 14-month low
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Ulster Bank NI PMI: Soaring inflation and falling confidence make for choppy waters ahead
Northern Ireland
Both businesses and consumers are being hit by rising costs but activity in Northern Ireland economy still on the up
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Zip World start work on Underground Golf attraction at North Wales slate quarry
Economic Development
The course will feature 18 holes across four levels in a vast underground mining chamber
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