Norwich City Council have released their latest economic barometer. The report highlighted:
Nationally
The Government’s borrowing figure in December 2015 was £4.3bn lower than the year before ONS figures highlighted that UK firms cur their foreign investment by the largest amount in a decade Businesses race more than £1bn in costs from the introduction of the Government-set national living wage UK new car sales hit an all-time record in 2015.
East of England
53% of manufacturers in the East of England have invested in automation and robotics according to a Barclays survey Confidence in this region’s commercial property market remains strong and rents are expected to rise across all sectors Our region’s reputation as one of the country’s most entrepreneurial regions has been bolstered by a recent report by Barclays and BGF Entrepreneurs Index.
Norwich
Shoppers and businesses were handed a major digital boost after free wi-fi was rolled out across Norwich city centre Aviva started 2016 by employing 65 new employees at it claims handling operation at Broadland Business Park Norwich Castle and Norwich Cathedral joined forces with Visit Norwich to promote the city as a tourism destination Norwich International Airport launched new routes from Norwich to Exeter and Newcastle.
For full details of the latest economic barometer click here.
