Business news

Tuesday, November 17, 2020

Today’s the day - finally after a year of unprecedented toil and dismay Suffolk’s business community has something to cheer.

A broadband provider has unveiled plans to supply homes and businesses across a Suffolk town with ‘hyperfast’ full-fibre.

Work is underway to develop a detailed bid for a new freeport on the east coast.

An Ipswich Christmas shop which was ordered to close by the council has been allowed to reopen following a change in the government guidelines about what is classed as “essential”.

Zero-emission planes could be operating out of Stansted within 10 to 15 years, airport bosses predict.

Road hauliers Express Freight Services has leased a 1.34 acre compound at the Port of Ipswich.

In the latest of our series of weekly Brexit Blogs, Rob Geary of Lovewell Blake explains how Brexit will result in changes to VAT rules that will affect any business importing or exporting goods.

Growth presents as many challenges as it does opportunities – so having IT that evolves fast enough to keep pace is essential says PrivateDoc.

Wright’s cafe in Bury St Edmunds, known for its gourmet cheese toasties and cakes, has moved to a larger site.

BT boffins in Ipswich are working with a hi-tech start-up on an ultra-secure “unhackable” communications network for 5G and connected cars which uses quantum technology.

A new Tesco Express store looks set to open its doors in a town centre – a year after the company closed a store on the same road.

An Ipswich Christmas shop appears to have reopened in Ipswich town centre just 13 days after it was ordered to close for the rest of lockdown.

An under-fire Chinese telecoms tech giant is continuing to press its case to be involved in the UK’s digital future following a report which estimates its contribution to the country’s economy at £3.3bn — £400m of it in the East of England.

A new set of lock gates has been installed at Ipswich’s wet dock at a cost of £2m.

A new town business hub has seen an upturn in demand for space — despite the economic turmoil.

Hospitality bosses have complained the sector has been ‘unfairly’ singled out with the toughest Covid restrictions under the new tier system.

Footfall across retail sites in the East of England has plummeted by nearly 57% year-on-year as the effects of lockdown take their toll.

Nearly 45% of people in East Anglia are making a conscious effort to shop at local stores in a bid to support the region’s economy, new research has shown - but independents are missing a trick by not capitalising on online opportunities.

The former director of a popular pub and takeaway forced the business into liquidation after he took a £100,000 loan from the business and did not repay it, according to liquidators.

More than £850million has been issued to keep Suffolk and Norfolk businesses afloat during the Covid-19 pandemic, according to latest figures.

Suffolk firms are considering setting up subsidiary companies in EU nations to mitigate the impacts of Brexit, according to local business advisers.

A 21-year-old woman who has launched her own clothing brand during the coronavirus pandemic wants to encourage other young people to “just do it”.

A Suffolk-based firm offering digital gift cards is seeing an increase in business during the second coronavirus lockdown.

One of Sudbury’s longest-standing traders has looked back on 40 years in the town.

Cineworld is reportedly considering cutting rents and permanently closing some UK cinemas after being hammered by the coronavirus pandemic.

Sizewell B apprentice Beth Gant has been crowned EDF fleet-wide apprentice of the year.

The owners of a bakery firm in Norfolk and Suffolk have launched a new range of cakes worthy of a Paul Hollywood handshake.

Sheep farmers are furious after environment secretary George Eustice appeared to suggest that ‘mixed’ livestock enterprises could pivot towards beef production if the bottom falls out of the lamb market post-Brexit.

A registry clerk is celebrating 50 years at Birketts, despite disliking the job at first.

The face of cinema in Bury St Edmunds has said his lockdown Mondays befriending service “makes me feel good too!”

The Kesgrave branch of haart estate agents has closed its office after staff made a permanent shift to working from home.

Two fashion chains with stores on high streets across East Anglia have fallen into administration, putting more than 4,700 jobs and almost 500 shops at risk.

UK Government Chancellor Rishi Sunak has announced extra measures to support workers and businesses throughout winter, including a furlough scheme extension paying 80 per cent of staff wages.

Self-employed taxpayers are being urged to stay alert to scams offering fake rebates or refunds.

Last night prime minister Boris Johnson announced his plan for a “green industrial revolution”.

A number of retailers are adapting as they team up and help each other amid the continuing coronavirus crisis.

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