Latest news from BusinessLive Read in browser by Graeme Whitfield April 24, 2023 BusinessLive North East Editor Positive signs for the North East economy A number of economic reports released in the last week point to pretty much the same conclusion for the North East economy: getting better, but n
| |
| |
| |
| |
Positive signs for the North East economy |  | | A number of economic reports released in the last week point to pretty much the same conclusion for the North East economy: getting better, but not out of trouble quite yet.
At the start of the week, the NatWest North East PMI Business Activity Index for March showed the first rise in output for North East manufacturing and services firms in nine months amid stronger demand and renewed confidence.
The next day, regional unemployment figures showed a small rise in people out of work in the North East, but only from the record low reported last month, while the region has seen the highest fall in unemployment in the country over the last 12 months. But that was followed 24 hours later with inflation failing - for the second month running - to meet expectations and fall below 10%.
On Friday, the quarterly economic survey from the North East England Chamber of Commerce said that business confidence was improving in the region and suggested that more organisations are preparing to create jobs and are expecting inflation to stabilise. But the report highlighted how concerns around recruitment and cashflow remain, and said there has been a warning recent months have put massive strains on many firms.
Chamber president Andrew Haigh said "Business confidence in the North East has begun to rise and it is vital as a business community we seize this as an opportunity for growth." |  | |
|---|
| | |
| |
Only one winner in the King's Awards |  | | Congratulations to Hartlepool firm Hogg Global Logistics after it secured a King's Award for Enterprise only four years after being founded.
But there will be concern that Hogg was the only company in the North East to secure an award this year (as they are re-named from the Queen's Awards). The last two years have seen 11 and 10 winners in the region respectively, and it had looked like the North East had turned around its previous low number of recipients.
Nationally, a total of 148 new recipients have been announced in the awards this year, with Business Minister Kevin Hollinrake saying: "I congratulate the first ever recipients of The King's Awards for Enterprise, who exemplify the talent, innovation, and entrepreneurial spirit of British business."
Let's hope more North East are firms are getting such congratulations this time in 2024.
| | | |
|---|
| | |
National business news | | | | |
|---|
| | |
| |
| |
| |
| |
People on the Move - new jobs and appointments in the North East | |
|---|
|  | New appointments at Haines Watts, Karbon Homes and MCM Group are included in this week's round-up. READ MORE | |
|---|
| | |
| |
| |
| |  | | Tuesday, April 25
ONS figures on the public finances
Final results: Whitbread
Interim results: Associated British Foods
Wednesday, April 26
Trading updates: GSK and Standard Chartered
Thurday, April 27
Final results: Sainbury's
Trading updates: Barclays, AstraZeneca, Unilever, Taylor Wimpey
Friday, April 28
Quarterly insolvency figures released from the Insolvency Service
Trading update: NatWest | | | |
|---|
| | |
 | Has a friend or contact forwarded you this edition of BusinessLive? You can sign up to receive the latest email newsletter direct to your inbox three times a week, plus breaking news updates and our weekend roundup by clicking on this link. | |
|---|
| | |
| |
| © 2022 a Reach plc subsidiary. All rights reserved Stories marked #AFF contain some affiliate links. This means we may receive a commission on any sales we generate from them. Learn more You are receiving this email because you signed up to receive North East updates from BusinessLive. Please do not reply to this email directly as it is not monitored. Unsubscribe | Terms of Use | Privacy Policy | Preference Centre Our mailing address is: BusinessLive, 5 St Pauls Square, Liverpool, L3 9SJ. Registered office One Canada Square, Canary Wharf, London E14 5AP Registered No. 2571173, England and Wales | |
|---|
| | |
{~RK6667035682351313zzzzz64f7bf38a6585c280c5901d6bd4646db32960f5005b840fbfb624ae42a78f211bd~}
