Norwich City Council have released their latest economic barometer. The report highlighted:
Nationally
- UK inflation remained the same in February 2016 at 0.3%
- The Markit/CIPS manufacturing PMI fell below market expectations last month
- New UK car sales rose to 84,000 for February.
- The number of workers on zero-hours contracts for the main job rose
Locally
- Aviva announced that its profits have grown by 20%
- Building of the Quadrum Institute – a new centre for food and health research to be located at the NRP starts work this month. The anticipated opening will be in 2018
- Primark have announced plans to expand their store front in June 2016
- Gnaw, the handmade chocolate company has set itself a goal of adding 15 more world-wide markets this year.
For full details of the latest economic barometer click here.
