Leading local advice charity, Citizens Advice Exeter, has released the results from its fifth economic well-being survey.
Citizens Advice Exeter Chief Executive Steve Barriball said: “A key finding is that more than half of those who responded to the survey, some 62%, said that they were worried about their financial position.
This is up significantly from 51% earlier in the year. Whilst income levels seem to have stabilised, with 61% of those responding saying their income levels remained the same, only 18% of respondents had seen their expenditure reduce.
The South West economy lost momentum in June as business activity growth slowed, according to the latest Lloyds Bank UK Regional PMI® survey.
The South West PMI fell to 52.6 in June, from 53.8 in May. A reading greater than 50.0 signifies growth in business activity.
The latest reading signalled the slowest rise in activity since the month after the EU referendum. The PMI reading was also below the UK average (53.8).
Despite this, firms continued to create jobs, marking 12 months of continuous employment growth in the region.
Top 40 accountants Bishop Fleming have teamed up with leading scientists at the MET Office to run through the numbers on the challenges and opportunities faced in the Big Data Economy.
The Information Age is allowing Industry to become more data-intensive, with companies and organisations using technology to collect vast amounts of information to understand trends, develop controls, make better forecasts, improve products and services and create solutions for the future.
A strategic Big Data conference took place at the MET Office's headquarters on Exeter's Business Park on...
For the second year running, Exeter has been highlighted in the Tech Nation report as a thriving cluster within the UK’s digital landscape.
The latest report confirms London’s position as an international powerhouse, and the UK as the leading European country in the digital sector and possessing unrivalled digital tech specialisms.
Tech Nation 2017 shows that Exeter’s position as a leading location for tech and digital innovation continues to rise, with the number of digital economy jobs up by 18% on the previous year, now standing at 14,018. Digital business turnover has...
The South West economy grew at one of the fastest rates in the UK during December, with business activity and the number of new orders rising sharply, according to the latest Lloyds Bank Regional PMI.
The South West PMI® rose to 58.7 in December, up from 56.6 in November. A PMI reading above 50 signifies growth in business activity.
Data for December also showed that employment rose for the sixth month running, supported by an increase in new business orders.
Despite this, input costs – including rent, raw materials and utilities - continued to rise, and firms...
More than 250,000 people lined the county’s streets and roads to watch the Devon Stage of the Tour of Britain last September according to an independent report.
It reveals that despite the wet weather the Devon Stage on Friday 9 September 2016, hosted by Devon County Council and supported by Teignbridge District Council, East Devon District Council and Dartmoor National Park, attracted more spectators than the previous 2014 stage and generated more than £4.26 million for Devon’s economy.
Crowds lined the 150km (93miles) route starting in Sidmouth and taking in town's...
A respected Exeter businessman has reacted to Britain's decision to leave the EU.
Property agent, Roger Wilkinson, said he felt 'for those business and individuals who are more affected by the uncertainty that will undoubtedly result in the European and global economies in the immediate short term'.
But he also assured those who might be worried about the effects on the property market.
In a letter to the Daily, Mr Wilkinson wrote:
"The property market in the South West and the Exeter and East Devon area in particular has been very busy for the whole of this...
Businesses in Devon have the opportunity to bid for a new round of grant funding to help them reach new customers and clients, following the initial success of the scheme earlier this year.
Devon County Council launched the Business Promotion Grant in February as part of its Devon Delivers programme, which aims to highlight the benefits of locating a business in the county.
Grants of up to £1,000 were awarded to 12 Devon companies earlier this year to promote their goods or services to national and international trade audiences.
More than £450 million has been invested into Exeter’s economy over the past four years, new figures have revealed.
The figures from Exeter City Council, Devon County Council and East Devon District Council show a substantial boost in educational, cultural and transport improvements. A large amount of commercial and residential property projects have also contributed towards the figure, with at least another £40 million worth of public and private investment expected by the end of 2016.
The Exeter and Heart of Devon Growth Point, a public and private sector partnership...
Fewer UK businesses would fail if owners had more knowledge of the world of business prior to taking the plunge and setting up themselves, according to two thirds (63%) of SME owners.
Small business owners are now calling for more education for those in the process of setting up in business, as research today reveals many directors went into business blind and confess they made big mistakes along the way.
The research, conducted by Just Cash Flow PLC spoke to 250 small business owners, and 80% admitted that they didn’t know everything they needed to when they first set up...
