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 leapt by 31 per cent to a record 3,730 last year - the largest increase across the UK - and up from 2,853 previously.
Laragh Jeanroy, office managing partner, RSM Bury St Edmund, said: “The tech ecosystem in the East of England provides a great environment for early-stage businesses to thrive, with access to cutting-edge ideas and research, funding, and collaboration. So, it will come as no surprise that the region is le...
Read more...The high cost of housing and constraints on the expansion of office and laboratory space present a ‘serious challenge’ to Cambridge’s position as a global centre for innovation and development, says a new report . The report , Good growth for Cambridge from Savills, argues that the city is well-placed to take advantage of its reputation as a world leader in technology and life sciences but only with greater co-ordination between locally led-planning decisions and the delivery of national strategic infrastructure. If the government is serious about its plans to build 150,000 new homes...
Read more...Long-established local law firm Gotelee Solicitors is being acquired by a fast-growing international law firm, Mezzle . Founded in 1880, Gotelee offers a full range of legal services to private and business clients and has offices in Ipswich, Hadleigh, Felixstowe, Framlingham and Woodbridge with around 90 employees. The firm will join Mezzle from 1 st March. Mezzle, also a full-service law firm, was established in 2019 to meet the changing needs of both its clients and its lawyers. CEO and co-founder of Mezzle, Mel Kang and fellow business partner and COO, Raj Sumal, both previous...
Read more...Almost half of workers in the region are actively looking or considering new job opportunities as the cost of living takes its toll whilst a quarter believe they could get paid more elsewhere, according to a survey from recruitment firm Reed.
Matt White, regional managing director for the East of England at Reed, said: “In the local labour market, there’s a level of uncertainty and growing financial concerns – more so among jobseekers than employers. On the whole in the East of England, the jobs market is largely active, and there’s certainly a jump in the number of applicati...
Read more...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 twice-weekly initially using an Airbus A330-200, the route targets the surging demand in online shopping and trade between the UK and China. Stansted Airport aviation director Simon Gorrighan said: “The decision demonstrates the confidence both countries have in their trade relationship, which is great news for businesses across the UK, and particularly those seeking to enter the Chinese market from London and the East of...
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...
A multi-million-pound innovation hub should be set up in Harwich to support the town’s ambition to be a national leader in clean energy, says a new report . It identifi...
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 ...
There are significant opportunities for dealmaking this year despite a more challenging investment climate but a more “patient and flexible approach” will be neede...
A new record has been set for the deepest draft vessel to call at the Port of Felixstowe after the recent completion of a £130m project to deepen the approaches to the p...
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 ...
Meet Cambridge, the meetings and conferences bureau, has staged a successful series of Opendoors events, showcasing venues to local event organisers.
The bureau, funded...