Business

Retail sales fall by 0.9% in August

Retail sales fell by 0.9% in August compared with July, figures provided by the Office for National Statistics (ONS) have revealed.

The fall is unexpected with market commentators predicting expecting a modest rise. Figures for July showed a 1.1% growth.

However the figures represent a 2.1% rise from August 2012, when the London Olympics and Paralympics had an impact on...

Warning as new laws for scrap metal dealers come into force

Scrap metal dealers and motor salvage operators in Plymouth are being warned they need to apply for a new licence next month as part of a national crackdown on metal theft.

The Scrap Metal Dealers Act 2013 comes into effect on 1 October and makes it an offence for any scrap metal dealer, including collectors, to buy scrap metal for cash.

Dealers will have to keep detailed...

Masterchef's new website looks good enough to eat

Winner of the BBC's MasterChef: The Professionals 2012, Anton Piotrowski is revealing his latest recipe for success with the launch of a new website for the Treby Arms in Plympton, Devon.

With the help of digital agency Creative Network , which has a presence throughout the country and a head office in Cheltenham, Anton’s website for the Devon pub looks good enough to eat.

...

UK inflation rate falls to 2.7%

The UK's rate of inflation for the year to August, measured by the consumer prices index (CPI), fell by 0.1% to 2.7% from the figure of 2.8% in July.

Despite the fall, the prices of goods and services continue to outstrip wages which saw an average growth of 1% for the same period.

The largest contributions to the fall in the rate came from the transport (particularly motor...

Leading Plymouth e-commerce company ICO3 seeks 12 new partners

Plymouth based e-commerce company ICO3 have doubled their recruitment target of new retail partners from six to 12 in the next three months following substantial growth of their existing partners this summer; among them Simply Cornish Hampers of Redruth, Catherine Best Jewellery of Guernsey and Austen Knapman Steel of Paignton. They plan to launch the new partners by Christmas 2013 bringing...

RICS launch guide to help small businesses manage their property assets

The Royal Institute of Chartered Surveyors (RICS) has today launched a guide to help small businesses take better control of their finances through managing their property assets differently.

Property costs – such as business rates and rent – are one of the most significant expenses incurred by SMEs and failure to take professional advice as to how to manage them could costs businesses...

Three is the magic number for Plymouth Chamber apprentices

Plymouth Chamber of Commerce is celebrating after the successful appointment of a third apprentice to its team.

Chris Bartolini joined the Chamber on 2nd September 2013, alongside previous apprentices Daniel Ninnim and Charley Michael. Both Daniel and Charley have secured permanent contracts with the Chamber since starting their apprenticeships. A member of the 1000 Club, Plymouth...

The 'Secret Millionaire' and television geologist honoured at Vice-Chancellor's Enterprise Awards

The Secret Millionaire Dominic List, and one of the most recognised and popular scientists in the country, Professor Iain Stewart MBE, were among this year’s winners at the Vice-Chancellor’s Enterprise Awards.

Now in their fifth year, the awards run by Plymouth University, showcase and celebrate enterprise in the region across teaching, research, community and business engagement, and...

Bank of England should limit house price inflation, says surveyors' body

Research by the Royal Institute of Chartered Surveyors (RICS) proposes cap on price growth

The Bank of England’s Financial Policy Committee should consider limiting annual house price inflation to 5% in order to prevent another housing bubble, reckless bank lending and a dangerous build up in household debt, according to new RICS research launched on Friday 13 September.

RiCs...

Royal Mail privatisation set to proceed, government announces

The government has given notice of its intention to proceed with the privatisation of what it has indicated will be the majority part of the Royal Mail.

Notice has been given to the London Stock Exchange with the plans set to begin in the coming weeks.

10% of the shares will be given to UK Royal Mail employees - 150,000 given free with a priority offer for additional shares,...

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