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Norwich Economic Barometer – April 2017

Written by Paul Vincent on .

The April Norwich Economic Barometer has now been published

Norwich City Council have released their latest economic barometer. The report highlighted:

Locally

  • 37% of companies in the East of England are dis-satisfied with the state of the region’s infrastructure, according to a CBI report.
  • Proxama has scrapped plans to sell its digital payments division – it will invest in a million-pound restructure instead
  • Norwich BID has laid out its new 5-year plan.  Its goals include 3 key areas, promotion; visitor experience and business concerns
  • The University of East Anglia has risen two places to 12th place in the Complete University Guide league table

Nationally

  • UK inflation rate (CPI) rose last month to 2.7% –  its highest since September 2013
  • UK construction companies reported a solid start to the second quarter, helped by rising civil engineering and residential building activity
  • Warmer weather helped retail sales to rise by more than expected last month

For full details of the latest economic barometer click here.