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Bank move supports optimism over recovery – South West RDA
Today the Bank of England announced that it was not going to extend its programme of ‘quantitative easing’ which is designed to help get credit flowing again in the UK economy.
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Recession? What recession
Recession? What recession. That’s the message from one third of Beacon companies whose profits last year were up on the previous year. And the organisation itself is going from strength to strength. If all goes to plan, Beacon South West will welcome its 250th member this year, further strengthening a unique network of successful regional companies.
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£350,000 boost for new high-tech Devon manufacturing plant
Major redevelopment plans by a Devon-based microelectronics company are to be supported with an investment of £350,000 by the South West RDA (Regional Development Agency).
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Dairy expansion will create new jobs
Cornwall’s dairy sector was given a boost this week with the news that Trewithen Dairy - third largest buyer of milk in the county - is about to embark on a major expansion.
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UK economy has limped out of recession.
Output grew +0.1% in the last quarter of 2009: the UK economy has limped out of recession.
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UK inflation – not for the faint-hearted!
The record leap in CPI is largely due to exceptional events in December 2008 and seasonal factors.
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Event to Encourage Self-Employment in the over-50s
The South West RDA is pleased to be sponsoring a unique event aimed at encouraging the over-50s to set up their own business.
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December business survey data positive in SW for eighth month in a row but now falling behind the UK average – RDA
The November Markit index of private sector purchasing managers (PMI) in the South West has recorded the eighth successive month of growth in output, but the pace of growth has slowed in contrast to the UK as a whole.
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Round 3 offshore wind is good news for the South West
The South West RDA and Regen SW have welcomed today’s announcement by Gordon Brown and the Crown Estate, of the winning companies selected as development partners for the Round 3 Offshore Wind farms.
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RDAs and universities should “drive economic growth” – Mandelson
Business Secretary Lord Mandelson has today charged RDAs and universities to play an increased role in driving economic growth in their areas.
©2009 South West RDA