Economy

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Torridge Launches latest Government Business Rates Support Package

COVID19, Economy /

Leader asks for patience while businesses are contacted, and applications are processed The Government announced last weekend that to reduce social contact and limit the spread of Covid-19, certain businesses and venues, would be required to close from Thursday 5th November to the 2nd December 2020. These included all non-essential retail, hospitality and entertainment venues, accommodation providers, […]

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Torridge to Make Bids for Work Hubs in Bideford, Great Torrington, Winkleigh

COVID19, Economy /

Working with a series of partners and the Devon Work Hubs programme Torridge Council are exploring the potential for a series of flexible work hubs across the District, initially looking at Bideford, Great Torrington and Winkleigh. These would potentially open during 2021, offering vibrant spaces to work as well as bookable meeting rooms, training opportunities,

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Make UK comment on the Chancellor’s statement

COVID19, Economy, Employment & Skills, Manufacturing /

Commenting on the statement by the Chancellor of the Exchequer, Stephen Phipson, Chief Executive of Make UK, said : “I warmly congratulate the Chancellor for taking decisive action that will help avoid the significant redundancies we were facing had there been a cliff edge end to government support. The priority right now has to be saving

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TDK Ilfracombe development LA066 Visualisation of new facilities

TDK-Lambda announces £11.5m investment to redevelop its manufacturing facility in Ilfracombe, UK

Economy, Employment & Skills, Manufacturing /

The investment, which will be staged over the next three and a half years, will enable the company to increase production capacity by 50%. The original factory was built over 50 years ago with further expansion in the mid-1980s. While the company has invested heavily in new equipment and building upgrades over these years, including

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Insider: DEAL AGREED FOR APPLEDORE SHIPYARD ASSETS

Economy, Manufacturing /

A deal has been agreed for a listed business to acquire substantially all the assets of Appledore Shipyard in Devon. InfraStrata, the owner of Belfast’s historic Harland & Wolff (H&W) yard, has acquired the assets, with the site to be renamed H&W (Appledore). The business, which is focused on strategic infrastructure projects and physical asset

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