The October edition of the Norwich Economic Barometer is here! Below are highlighted a few of the key points from this edition:
- The ‘jobs gap’ since the start of the recession has finally closed as Britain’s recovery reaches an important milestone.
- The ONS has revised UK economic growth in the second quarter from 0.8 per cent to 0.9 per cent, as both the dominant services sector and construction enjoyed growth.
- Regional accountancy practice Larking Gowen will employ more than 300 staff and 22 partners across nine offices.
- Norwich-based chocolate maker Gnaw has formed a partnership with a distributer, Blakemore Fine Foods, to enable both firms to boost business with UK retailers.
- Commercial development activity picked up in September although developers have become more cautious.
- Business activity in the region’s private sector grew in September at the fastest rate since 1997, according to a survey of purchasing managers.
- East Anglia’s fastest growing medium-sized businesses have mounted combined sales of £3.9bn, according to new report underscoring their value to the local economy.
To read the full report on the Norwich Economic Barometer, click here.
