Stronger exports helped to push up private business activity in the East of England at the fastest rate in two years in April whilst firms remained upbeat on prospects for the next 12 months, according to a key survey or purchasing managers . A NatWest East of England 'export climate index' rose for the third month running, showing the strongest improvement in export demand for firms in the region for 12 months. All five of the region’s top export markets – the Netherlands, US, Germany, France and Ireland – saw higher output.
Meanwhile the overall NatWest East of England PMI busine...
Read more...More housebuilders are returning to buy land in the region, encouraged by improving new homes sales, slowing build cost inflation and rising stability in the wider market.
An analysis by property firm Savills shows strong demand for development sites across the region in the first quarter – although activity varies depending on location and site. Richard Janes, head of development at Savills Cambridge, said: “In general there have been more active players in the market and we have certainly seen an uptick in both sites and bids received…There’s still a sense of caution as many ...
Read more...The Planning Inspectorate has formally accepted an application for the Five Estuaries Offshore Wind Farm project off the south Suffolk coast for examination. It marks a key stage for the project - an extension of the Galloper Offshore Wind Farm - which would be split across two seabed areas over 128 sq km and create energy for hundreds of thousands of homes.
It involves up to 79 turbines, up to a height of 399 metres located around 37 km off the coast. Coming ashore at Sandy Point in Tendring, underground cables would link to a new substation near Little Bromley as part of National Grid...
Read more...A new landmark office building at Peterhouse Technology Park in Cambridge, The Optic, has been topped out by property group British Land.
Due to complete in February 2025, the building (right) will provide over 95,000 sq ft of high-spec office and lab-enabled space. The site, south east of Cambridge, aims to become a hub for science and tech businesses with flexible floorplate layouts to accommodate growing businesses. Gareth Roberts, head of development for innovation and life science at British Land, said: “Our topping out ceremony at The Optic marks a significant milestone in the ...
Read more...Planning approval has been granted for a major new science and innovation development, Cambridge Discovery Campus, on a 50 acre site two miles south of the city. It will provide 343,000 sq ft of space for small to medium sized ventures over six detached, laboratory-enabled buildings.
The scheme by Bridgemere, a developer, and Foundation Capital Ventures, will also include an amenity building overlooking sports fields to be shared with the local community and a 30-acre country park. The project will be part of Cambridge's life science cluster and located next to the new Southwest park & ...
Read more...Life sciences spin-outs from the University of Cambridge attract the highest amount of equity per funding round on average and enjoy greater long-term business success ...
Confidence in the long-term outlook of the commercial property market is growing and a third of agents feel the market has now bottomed out according to the fourth quar...
The resilience of the region’s tech sector has been highlighted by figures showing that the number of new technology companies incorporated in the East of England lea...
Cambridgeshire has emerged as one of 13 ‘engineering hotspots across the UK’, regions where a high proportion of the population - between one-in-three and one-in-two ...
Rogers & Norton Solicitor’s Law Academy 2023-2024 has drawn to a close, marking the end of an enriching journey for aspiring legal minds. Working in partnership with ...
Chinese carrier Hong Kong Air Cargo has launched a new service connecting London Stansted with Hong Kong aiming to bolster trade between the UK and China. Operating twi...
PR and marketing agency PLMR Genesis has taken the top award at the regional CIPR Pride awards for Anglia, Thames and Chiltern for the fourth year running. The agency ...
A total of 114 event professionals attended a summit to help businesses and organisations make their conferences and meetings more sustainable held last week by Meet Camb...