Norfolk County Council have released their latest economic report for October 2021 to December 2021. The report highlighted: The employment level in Norfolk has decreased by 1.7% from the same time last year. But 76.2%, the County’s performance is above the national level (74.4%), and below the regional level (76.9%). After the successful Go Digital pilot, which supported 43 small businesses with increasing digitisation, the programme grew significantly, with 191 additional businesses joining the programme. The Norfolk Market Town Report found that since 2019 the vacancy rate in Norfolk Market Towns increased by 0.7% to 6.6% but, is below Great Britain’s average of 13.8%. Watton has the highest vacancy rate, at 13%, and Loddon has the lowest, at 0%. Norfolk was the most successful English local authority in terms of Community Renewal Fund projects approved (14) and was awarded the 4th largest amount of funding for any Lead Authority (over £6 million). For full details of the latest economic intelligence report click here. Photo credit: Getty Images/ Chamber Canva Pro 2022
