Norwich City Council have released their latest economic barometer. The report highlighted:
Locally
- Norwich is officially the UK’s first sharing city – encouraging people and businesses to help each other for the common good
- A new Offshore Wind Sector Deal has been announced for east Anglia, which would see investments of £250 million in this region
- Business hiring intentions in the East of England rose in February
- The number of active businesses across the East of England increased by over 9,000 in the year to January 2019
Nationally
- UK inflation fell to a two year low, dragged lower by falling energy bills and fuel
- Purchasing activity rose as manufacturers continued to implement plans to mitigate potential Brexit-related disruptions
- UK construction recorded dropping activity levels – ending a ten-month period of sustained expansion
For full details of the latest economic barometer click here.
