Business in East Anglia

Boost to region's trade from surge in exports to North America

Strong growth in overseas sales to North America and new markets in Latin America and the Caribbean have given the region's exporters a shot in the arm. Exports from the region to north America grew by 11.7 per cent to £4.8 billion during the year to June.

Meanwhile, the fastest growing export regions for East of England goods were to Latin America and the Caribbean, which rose by 16.5% to £531 million. Since the EU referendum in 2016 , overseas demand for goods has increased in each UK nation compared to the previous three years, helped by the falling pound.

International trade secreta...

Farming business with 100 year history sold to investment group

Strutt & Parker (Farms), one of the region's oldest diversified farming businesses which operates across Suffolk, Essex and Cambs, has been sold to Robigus, a farm and estate investment group. Chairman Peter Tritton said: “Strutt & Parker (Farms) has earned an excellent reputation over its 100 year history as a leading, innovative and diversified agricultural business. This acquisition provides a significant opportunity for Robigus to further enhance and expand on their ambition to be at the forefront of British agriculture. My great grandfather and founding partner Edward Strutt woul...

Growing companies on the move in Peterborough

The attractions of Peterborugh for tech-based businesses have been underlined by property moves at three growing firms in the city - Opals Group, Rydal Communications and SepSolve Analytical - announced over the past week.

Opals Group, an expanding Peterborough communication networks provider, is moving into a large 41,660 sq ft warehouse building outside the city centre and creating 50 jobs. The freehold of Unit 1 on Morley Way in Woodston has been sold to the group for over £2 million by Savills on behalf of a private vendor. Sam Hodge, managing director of Opals Group, said: â...

Pick-up in new business in the region despite uncertain times

Private sector activity in the East of England picked up in July helped by the fastest rise in new business in 2019 although firms were less confident on the outlook for the coming 12 months than in June, according to a key survey of purchasing managers.

The NatWest East of England business activity index rose to 51.6 in July from 51.3 in June; the second month running that private output has risen in the region although it remains below its long term average. Employment also rose solidly - albeit more slowly than in June - while input price inflation slowed to a three-year low. Althoug...

Suffolk businesses back campaign for £150 million investment in A14

The campaign to secure £150 million of government investment in the A14 in Suffolk is making its concluding case – ahead of an expected announcement later in the year. The Suffolk Chamber -led campaign No More A14 Delays in Suffolk , which is seeking funds from the second roads investment strategy to tackle seven ’pinch points’, has secured the backing of 150 businesses along the route. Mark Pendlington, chair of the A14 Strategy Board, has written to transport secretary Chris Grayling highlighting the support for the campaign and the boost to jobs which the investment would bring. ...