Economy RSS feed for the Economy tag
found 73 stories.
Business
Duncan Tift BusinessDesk 28 Feb 11
Businesses in the West Midlands are the most optimistic outside London about their job creation prospects, new research shows.
Data from the Barclays Corporate Job Creation Survey 2011 shows 31% of firms in the region plan to create this year, second only to London where 36% of businesses are looking to take people on…
Comment
BrownhillsBob 24 Feb 11
I’ve just spotted this article in the ‘New Satesman’, a lengthy and thoughtful piece about youth unemployment and the state of Brownhills. Please read it.
Note the amusing error about the market days, and our MP, Richard Shepherd, commenting on the lack of young people visiting his surgeries. It might help if he actually held some here, instead of pandering solely to those in Aldridge who safely return him to parliament term-on-term. It’s quite clear from the piece that the research didn’t stray too far from the MP and his supporters…
Comment
Roger McKenzie 17 Feb 11
I am sure that I have mentioned several times before that I was born and bred in Walsall. This bond with Walsall, the Black Country and the region as a whole is really important to me.
Wherever I have worked and whatever I have done I have always done everything that I can to defend our region against those from outside that seek to belittle or run us down. I have also taken every available opportunity to work for and to sing the praises of our region.
We are a region that has led the way in innovation. Not only were we the cradle of the industrial revolution our region also gave birth to a system of local government in Birmingham that was later to be copied across the World. We have also, over the years, been one of the powerhouses of the labour and trade union movement…
Business
Duncan Tift BusinessDesk 14 Feb 11
The economy of the West Midlands saw a dramatic improvement in January with a marked expansion in both output and new orders plus the strong rise in employment since the summer.
The data contained in the latest Lloyds TSB West Midlands PMI report will make encouraging reading following last month’s disappointing GDP survey which showed a 0.5% fall during the final three months of 2010…
Comment
Cllr Ian Shires 1 Feb 11
The Welfare State is supposed to catch you when you fall; protect you when times are tough. With this in mind the next Willenhall Area Partnership “Event” will target how best people can ensure that they get the financial and practical help they need in times of hardship.
The event will be held at 6pm, Wednesday 16th February, at the CHART Centre in Gomer Street, Willenhall and it’s just 2 hours of your time and it could make a lifetime of difference…
2011 we are told, is going to be a tough year as the results of measures to bring the economy back on track begin to bite…
Business
Duncan Tift BusinessDesk 31 Jan 11
Businesses in the Black Country are confident of achieving growth of between 1 – 1.5% over the next 12 months, despite gloomy GDP figures which show the economy contracting.
Wolverhampton based loans company Black Country Reinvestment Society (BCRS) said there was still a note of caution in the area and that business owners were taking nothing for granted.
In its latest Quarterly Lending Review for 2011, the BCRS said…
Business
Duncan Tift BusinessDesk 26 Jan 11
Manufacturers in the West Midlands are clinging to the hope that the revival in the sector in an otherwise gloomy economy could throw the region a lifeline as it struggles to recover from recession.
Predictions for economic growth in the final quarter of last year have been dealt a major blow with the release of the latest GDP figures which show the UK’s economy contracted by 0.5% in the last three months of 2010.
Business
Graeme Brown B'ham Post 25 Jan 11
Business leaders have called for more incentives for expansion after it emerged that the gross domestic product (GDP) declined by 0.5 per cent in the fourth quarter of 2010.
Birmingham Chamber of Commerce Group (BCCG) policy adviser Will Rogers said the fall was well below everyone’s expectations and added that the figures were in keeping with the Chamber’s quarter economic survey for the period which depicted a beleaguered manufacturing sector…
Business
James Reed BusinessDesk 25 Jan 11
The Coalition Government has failed to match its spending cuts with policies that support growth, according to the outgoing director-general of the CBI.
In his final speech in the role, newly-knighted Sir Richard Lambert described the Government as “by no means firing on all cylinders” when it came to producing initiatives that lead to investment and job creation…
Business
Marc Reeves BusinessDesk 20 Jan 11
The richest people in the West Midlands increased their wealth by £1bn over the past year, according to the annual Rich List report.
The report, published by The Birmingham Post this morning, estimates the combined wealth of the 50 people it lists at £21.7 bn, with Staffordshire-born Kirsty Bertelli heading the list for the third time…