Norfolk Business News
Quarterly Economic Survey: Economy improves and exports are still strong, but growth will be subdued
BCC’s Quarterly Economic Survey for Q1 2013 shows progress on a national level, with almost all major balances improving compared with Q4 2012. However Norfolk and the East of England results are not so optimistic, with the manufacturing balance in particular showing a dip in confidence....
Exports from the East of England to non-EU destinations, are growing faster than any other region in the UK
Trade figures recently released by HM Revenue and Customs reveal that the East of England’s export to non-EU destinations is growing at the astonishing rate of 16.4% year on year. Non-EU exports now account for 43.8% cent of the region’s trade as opposed to 36.5% cent in 2011. The total value of...
At a recent meeting between Henry Bellingham, MP for North West Norfolk and members of the West Norfolk Chamber Council, the topic of prompt payment was raised. Several members had examples of where they had been required to wait over 90, or even 120 days for payment from their clients, who were in...
At a recent economic round robin discussion by Norwich Chamber Council members highlighted what was happening in their sectors. The feedback included the following: Arnold Keys advised that despite the recent inclement weather, Norfolk house builders were still reporting positive sales with lots of...
The New Anglia Local Enterprise Partnership (NALEP) recently consulted members of the West Norfolk Chamber Council on the pre-consultation draft of their Plan for Growth. Having reviewed the Plan, the West Norfolk Chamber Council highlighted the following areas that they would like to see the NALEP...
Commenting on the Chancellor’s Budget speech, Caroline Williams CEO Norfolk Chamber of Commerce, said: “There is much for business to commend in the Chancellor's statement, from a wider remit for the Bank of England, to measures on fuel duty, home ownership, and employment. However, many in...
Do you agree with the identified top most burdensome EU laws? The 20.8 million European small and medium sized enterprises (SMEs) create 85% of all new jobs in Europe, they employ 2/3 of the workforce in the EU and they contribute significantly to innovation and growth. Following the principle "...
Commenting on the Government response to Lord Heseltine's Review, No Stone Unturned, John Longworth, Director General of the British Chambers of Commerce (BCC), said: "Chambers of Commerce welcome the government's commitment to localise some funding and decision-making around transport and skills...
Patron news: Decision to approve construction of new nuclear power station at Hinkley Point C in Somerset
Today’s decision to grant EDF Energy consent to construct a new nuclear power station at Hinkley Point in Somerset represents a huge achievement. It follows three years of in-depth consultation with local communities and a year long examination by the UK Planning Inspectorate. The approval was met...
Commenting on the announcement that planning permission for EDF's nuclear power plant in Hinkley Point, Somerset, has been approved, Dr Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC), said: "British business is clear that nuclear power is a vital ingredient in the UK's...