Norfolk Business News

Policy
20/07/2012
Public sector borrowing in June 2012 was £14.4bn, compared with £13.9bn in June 2011 Commenting on the public sector finance figures for June 2012, David Kern, Chief Economist at the British Chambers of Commerce (BCC), said: “The deficit in June was higher than a year ago, and confirms the...
Policy
19/07/2012
The members of the West Norfolk Chamber Council met recently at Congham Hall Hotel, Grimston, King’s Lynn.  Their economic round table discussion identified that many businesses in West Norfolk were steadily ‘ticking over’ and that some of the medium sized SME’s were actively looking to finance...
Policy
19/07/2012
Norwich Chamber Council met recently and invited Andrew Bell, CEO of Norwich International Airport (NIA) to provide an update on the airport. Andrew advised that NIA had enjoyed 4 years of double-digit growth and that they were now operating a much more streamlined business. Their offshore service...
Policy
19/07/2012
The Great Yarmouth Chamber Council meeting was recently held at the E-Tech Group’s office.  The economic round robin highlighted that whilst Great Yarmouth businesses were doing reasonably well, the economic climate was still tough.  A recent British Chambers of Commerce (BCC) Quarterly Economic...
Policy
18/07/2012
In the three months to May 2012 unemployment nationally fell by 65,000, compared with the previous quarter, while employment rose by 181,000 National youth unemployment fell by 10,000 but remains above one million. The number of people unemployed for over two years rose by 18,000, to its...
Policy
18/07/2012
The Bank of England Agents' summary for July 2012 was issued today, outlining that there had been a slowing in the annual growth rate of consumer demand and that confidence had dipped due to worries about the economic outlook.  To read the full report click here.
Policy
18/07/2012
“It is encouraging that two MPC members voted against the £50bn increase in QE”, says David Kern Commenting on the MPC minutes published today by the Bank of England, David Kern, Chief Economist at the British Chambers of Commerce (BCC), said: “While most commentators expected the recent...
Policy
18/07/2012
“What’s clear is that these announcements are long overdue. Business expects speedy action, rather than yet more unfulfilled promises.” Commenting on the announcement of new guarantee schemes to kick-start infrastructure projects and support exports, Caroline Williams, CEO Norfolk Chamber of...
General
18/07/2012
Louis Hilldrup-Boorman has been appointed as Events Assistant Apprentice by the Norfolk Chamber of Commerce. Louis is studying for a level 3 NVQ and BTEC diploma in Marketing and is hoping to gain the work-based qualifications after an 18-month stint as part of the Chamber team. Commenting on his...
General
18/07/2012
Annual CPI inflation down from 2.8% in May to 2.4% in June Annual RPI inflation down from 3.1% in May to 2.8% in June The biggest downward pressures on prices came from clothing and footwear Commenting on the inflation figures for June 2012 published today by the ONS, David Kern, Chief...

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