During a round robin update, Norwich Chamber Council members highlighted that business confidence appeared to be growing, with members reporting that their businesses was getting busier. Hugh J Boswell advised that following a slow start to the year, trading was strong this was despite insurance companies hardening their rates, which will lead to price increases. John Lewis, Norwich reported that their Christmas ‘Bear and Hare’ TV advertising was already increasing footfall and Arnold Keys reported that the housing market was slowly picking up and the commercial property market was also showing signs of improvement.
An update on the Norwich Business Improvement District highlighted that some of their focus areas were: enabling Wifi across the city centre; improvements to the Park & Ride; and business rates.