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...
PMI® survey data signalled a loss of momentum in the South West private sector economy in February, with new business rising at the slowest rate since May 2013. Output growth moderated, and backlogs declined for the first time since last August. That said, firms continued to expand workforces during the month, and raised their charges at the strongest rate since last June.
Private sector output in the South West of England continued to rise at a strong rate in December, according to PMI® survey data.
Growth was supported by higher new business volumes and the level of incomplete work continued to rise, despite a further robust round of job creation. That said, the rate of growth in new orders eased to the slowest in 19 months. In line with the broad UK...
The UK economy has had its fastest growth since 2007,with UK GDP growing by 1.9% of in 2013 according to a report from the Office for National Statistics (ONS).
GDP used as the primary measure of a country’s economic growth, grew by 0.7% in the last quarter of 2013, down slightly on the 0.8% growth seen in the third quarter.
Local Devon Businesses have been named as real growth industries as part of the London Stock Exchange group's ‘1000 companies that inspire Britain.’
The companies included Emcas based in Paignton, chartered accountants Francis Clark LLP and Masons Kings an agricultural machinery company with three depots in Devon.
Director of Masons Kings, Roger Prior said: “We are delighted to...
“The role of universities as catalysts of economic growth and anchors in their region has been called out loud and proud – and these report recommendations, if enacted, could be a game changer for the UK…”
That’s the verdict from Professor Wendy Purcell, Vice-Chancellor of Plymouth University as she today (Tuesday 15 October) welcomed the findings of a major national report published...
Plymouth is a hot spot for developers with the city coming second only to Birmingham for the proportion of major applications processed on time.
Latest figures from the Department for Communities and Local Government show that of over 200 major applications considered by Plymouth’s Planning Committee from June 2011 to June this year, 79.1...
The Chancellor, George Osborne delivered his 2013 budget today in the House of Commons, calling it "a budget for our aspiration nation".
To a packed and noisily partisan Commons chamber, Osborne was forced to announce that the forecast for growth had been downgraded to 0.6% for 2014, a cut of 50% from the Autumn Statement figure, predicted back in December.
