The latest report for Norwich City Council has highlighted the business confidence continues to climb. The BDO LLP report highlighted that business optimism was at its highest level for 22 years in January, suggesting the economy will continue to grow rapidly over the coming six months. The Bank of England’s Monetary Policy Committee voted to maintain interest rates at 0.5 per cent this month, despite the lower than target inflation rate

The number of apprenticeship vacancies in the East of England posted online between August and October increased by 23% to 3,640, according to figures from the National Apprenticeship Service. Meanwhile online applications for apprenticeships rose by 33% to 39,600 in the region.

Construction has begun at Pointers Field on the first affordable homes that Norwich City Council has built in the city for more than 20 years. These new Norwich City Council 6 homes are of huge significance. Not only as the first council homes to be built for a considerable period of time, but also as the first milestone in the council’s commitment to building an additional 250 homes across the city over the next five years, as set out in the latest housing strategy.

The full report is attached.

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