economy

Salcombe Brewery Co makes major investment to back its confidence in the Devon economy

Salcombe Brewery Co. announces that, following a major investment in its brewing and packaging facilities at a new additional site, it is ideally placed to meet the growing market for its award-winning beers. As the hospitality sector prepares to re-open, its investment will support the imminent launch of its first canned products, its first lager and its increasing partnerships with leading...

Despite Covid-19, South West growth economy businesses remain ambitious about growth

BGF releases first survey into the attitudes of growth economy companies in the UK:

  • Two thirds (68%) of South West respondents say they are still motivated to grow their business in 2021, despite challenges of Covid-19
  • 63% of South West respondents say that the pandemic has prompted them to make permanent changes to their business

New research released...

Woman in a brown jacket and yellow jumper placing a disposable face mask on her face

Devon residents urged to remain vigilant during ‘critical’ weeks ahead

Since the mandatory introduction of face masks in shops across England on Friday 24th July, there has been much discussion over the decision to formally implement this practice now rather than earlier.

Alastair Lockwood (MA, BM BCh, FRCOphth, PhD) is a consultant ophthalmologist specialising in glaucoma, currently residing at the Queen Alexandra Hospital in Portsmouth. In 2004, Mr....

New PlymClean MD Amanda Barnes (right) with former directors Stuart and Gail May

Devon Cleaning South Hams bucks the downturn by expanding into Plymouth during lockdown

As the impact of social-distancing and lockdown threatens the viability of many South West businesses, an established Devon cleaning company - whose inspirational owner literally started from nothing - has bucked the trend by taking over a family-run cleaning business in Plymouth and taking on more staff.

Entrepreneur Amanda Barnes, who runs Devon Cleaning South Hams and its sister...

‘We need more women engineers to fuel Plymouth’s economic growth’

A leading Plymouth civil engineer says encouraging more women into the profession is vital for re-booting the city’s economic growth after the COVID19 pandemic.

Katy Toms, South West Chair of the Institution of Civil Engineers (ICE) and a senior engineer, based at WSP in Exeter, is highlighting the importance of greater diversity of talent ahead of International Women in Engineering...

New Report Reveals Daily Impact Of Coronavirus Lockdown On South West Economy

A new report has revealed the daily impact of the coronavirus lockdown on the South West economy and highlighted which sectors are performing the strongest and protecting the UK from even greater damage.

According to UK Powerhouse, a report by Irwin Mitchell and the Centre for Economic and Business Research (Cebr), GVA is estimated to be falling in the region by 36%, or £185m a day...

SW economy sees strong end to 2016

The South West economy grew at one of the fastest rates in the UK during December, with business activity and the number of new orders rising sharply, according to the latest Lloyds Bank Regional PMI.

The South West PMI® rose to 58.7 in December, up from 56.6 in November. A PMI reading above 50 signifies growth in business activity.

Data for December also showed that employment...

EU Single Market critical to regional economy

The UK’s membership of the European Union has helped boost job creation and growth in the South West for more than forty years, with as many as 250,000 jobs in the region currently linked to exports to the Single Market, the CBI argues.

According to figures from HM Treasury, there is the potential to create 74,340 future jobs for the South West if the UK remains in the EU, and...

SW sees slowest rise in output in 2.5 years

The South West private sector grew at the slowest rate in nearly two-and-a-half years in September, according to the latest PMI® survey data, mirroring the trend shown across the UK as a whole.

This mainly reflected the first decline in new business since March 2013. Employment continued to rise, but at the slowest rate seen across the UK. The latest survey also signalled a decline in...

New coastal teams to help local economies thrive

Seaside communities are being urged to create dedicated Coastal Community Teams to drive forward economic regeneration and a long-term vision, by new Coastal Communities Minister Mark Francois today (16 June 2015).

The government is providing over £1 million to set up 110 Coastal Community Teams to deal with the specific economic challenges faced by seaside towns and take forward a...

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