Norwich City Council have released their latest economic barometer. The report highlighted:
Locally
- 37% of companies in the East of England are dis-satisfied with the state of the region’s infrastructure, according to a CBI report.
- Proxama has scrapped plans to sell its digital payments division – it will invest in a million-pound restructure instead
- Norwich BID has laid out its new 5-year plan. Its goals include 3 key areas, promotion; visitor experience and business concerns
- The University of East Anglia has risen two places to 12th place in the Complete University Guide league table
Nationally
- UK inflation rate (CPI) rose last month to 2.7% – its highest since September 2013
- UK construction companies reported a solid start to the second quarter, helped by rising civil engineering and residential building activity
- Warmer weather helped retail sales to rise by more than expected last month
For full details of the latest economic barometer click here.