East Devon economy bouncing back fuelled by green growth

More widely known for its Jurassic coast and rolling hills, East Devon is showing strong signs of a green economic recovery in response to Covid-19.

The pandemic has brought acknowledgement of the link between health and outside spaces. This recognition and a need to transition to net zero carbon means businesses see wellbeing and the environment as priorities.

East Devon...

Putting together the pieces of All Jigsaw Puzzles' Chaos Aquarium

Phenomenal growth of Devon jigsaw puzzle company as sales double during the pandemic

A Devon-based business that makes jigsaw puzzles has doubled its production workforce, increased its premises and invested for future growth as a result of soaring demand for its popular picture puzzles during the last eighteen months.

Since the start of the Covid-19 pandemic, All Jigsaw Puzzles has grown its workforce in Hatherleigh, acquired a neighbouring business to expand its...

Small businesses to benefit from kickstart growth funding

Small businesses and the tourism sector across Devon, Plymouth, Somerset and Torbay are among those who can benefit from the Growth Support Kickstart Grant Scheme offering grants of up to £3,000.

Application forms for the grant are available on the Growth Support Kickstart Grant website from noon on Tuesday 1 September.

It follows the recent government announcement of a £10...

SW firms missing out on “cash mountain” that could help them grow further

South West firms could be missing out on a ‘cash mountain’ that could help them to expand, says Lloyds Bank Commercial Banking after new figures found they were tying up millions of pounds in excess working capital.

The research shows that businesses across the south and the east of England have at least £138.3billion tied up in excess capital, as business growth continues to soar....

Seedbed celebrates a year of helping Devon social ventures grow

A major investment fund which has helped dozens of South West social ventures to grow and flourish has celebrated its first anniversary with a special reception in the region.

The £1.2 million Seedbed accelerator programme has already supported 30 social ventures, including Exeter Community Initiative;, Exeter and the Tanglewood Project, near Tiverton, with many...

Output growth accelerates in October

The South West private sector recovered some growth momentum at the start of the final quarter of 2015, according to the latest PMI® survey data. The rate of expansion in output strengthened to a three-month high, having slowed throughout the third quarter. Growth of new business resumed and firms increased workforces at a stronger pace, although the volume of outstanding business continued to...

New fund set up to help churches grow

A new fund set up to encourage churches to reach out across their communities has been set by diocesan synod.

The new ‘growth fund’ will consider proposals for projects that aim to reach out to more people and introduce them to the Christian faith.

The first proposal, which was approved on Saturday, will help churches in 25 areas to serve planned new housing developments of...

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...

Private sector growth at 12-month high

Private sector activity in the South West rose at the fastest pace for a year in June, according to the latest PMI® survey data.

That followed a slowdown in growth over the previous two months, and the latest expansion placed the South West among the fastest growing UK regions. That said, growth in total activity was partly accounted for by falling backlogs, as new business growth...

Growth rates for output and new business pick up in March

The South West private sector economy registered a faster increase in output in March, according to the latest PMI® survey data.

This was accompanied by a stronger gain in incoming new business, a rise in backlogs of work and sharper job creation. The latest survey results also signalled weaker price pressures, as input price inflation slowed and firms’ charges were broadly unchanged...