Category : Economic Growth


Bank Holds Rates at 3.75% Warns of Future Hikes

The Bank of England kept interest rates at 3.75% in a 6-3 vote, but warned that policy could tighten if Middle East conflict reignites inflation, with projections showing inflation rising to 3.2% early next year before falling back.

David J.C. Austin dies at 67

David J.C. Austin, chairman of David Austin Roses, has died at 67 from Creutzfeldt-Jakob disease. The Albrighton-based company's roses are loved by the Royal Family and David Beckham.

North East Business Confidence Grows Amid Challenges

North East business confidence climbed 14 points since January, reaching a six-month high of 69% in May, as firms adapt to uncertainty with strategic cost-saving and inventory measures, according to Lloyds Business Barometer.

BCC Backs Burnham's Economic Growth Plans

The British Chambers of Commerce, representing 50,000 businesses, positions itself as a delivery partner for PM Andy Burnham's growth agenda, emphasizing devolution and reindustrialisation.

£8M Funding for West Midlands Project

A major West Midlands project has secured an £8 million funding boost, with the investment aimed at driving economic growth and creating jobs across the region.

Good Growth Summit Debates Burnham's Vision

At the Good Growth Summit in Manchester, leaders debated Andy Burnham's 'good growth' vision, focusing on inclusive prosperity, reindustrialisation, and place-based change.

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