Norfolk Business News

Policy
24/03/2017
The Prime Minister, Theresa May will trigger Article 50 on Wednesday 29 March 2017.  This will start the process to take the UK from out of the European Union. Whilst many predicted that Brexit would cause a crisis for the UK’s economy, the reality is that, apart from an initial significant slump...
Policy
24/03/2017
Norwich City Council have released their latest economic barometer. The report highlighted: Locally Lloyds Bank Regional PMI survey showed that business activity in the East grew more quickly than the UK average. The weak pound continued to have an effect on costs with the average price for...
Policy
20/03/2017
The funding bid that is to be submitted to central government by Norfolk County Council is greatly welcomed by Norfolk Chamber members.  The document could pave the way for construction of a long-awaited third river crossing for Great Yarmouth starting in 2020.  For many years, the Great Yarmouth...
Policy
16/03/2017
Norwich Airport hosted the recent Norwich Chamber Council meeting and took the opportunity to outline some of their plans for the future. Richard Pace, Managing Director for Norwich Airport noted some of the key areas of success from the past year: the airport had catered for 524,000 passengers; 40...
Policy
16/03/2017
Commenting on today’s interest rate decision by the Bank of England’s Monetary Policy Committee, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said: “While the Bank of England’s decision to keep interest rates on hold was widely expected, there was a surprising shift in...
Policy
15/03/2017
The A47 trunk roads form part of the strategic road network and provides for a variety of local, medium and long distance trips between the A1 and the east coast.  The corridor connects the cities of Norwich and Peterborough, the towns of Wisbech, Kings Lynn, Dereham, Great Yarmouth and Lowestoft...
Policy
13/03/2017
The British Chambers of Commerce (BCC) has today (Tuesday) upgraded its UK GDP growth forecast for 2017 from 1.1% to 1.4%. However, it has downgraded its expectations slightly for 2018 from 1.4% to 1.3%, and published its first forecast for 2019 of 1.5% growth. The leading business group upgraded...
Policy
10/03/2017
The A47 Alliance is to push for further investment from central government to make much-needed improvements to the A47, including dualling much of the route. Highways England, the government company charged with operating, maintaining and improving England’s motorways and major A roads, is shortly...
Policy
10/03/2017
A lot has happened since the UK voted to leave the European Union.  The Prime Minister, Theresa May states “Brexit means Brexit” and she is sticking to her timetable of triggering Article 50 of the Lisbon Treaty, which gives the UK and the EU two years to agree the terms of the split. by the end of...
Policy
10/03/2017
Cyber security is something that everyone within the Norfolk business community should be thinking about.  The National Cyber Security Strategy 2016 – 2021 stated that in the last year, the average cost of security breaches to large businesses was £36,500.  For small firms the average cost of...

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