Council chiefs and local business leaders in charge of England’s 39 Local Enterprise Partnerships (LEPs) have been offered a share of £1.8bn to help promote economic growth and attract investment from overseas.
Manufacturing output fell at the fastest pace since September 2009 in the three months to March - but production is expected to rebound strongly over the next three months, according to the CBI Industrial Trends Survey.
Confidence among small firms hit the lowest point in three years during the first quarter of 2016 amid uncertainty over the economic outlook and a host of new challenges such as the National Living Wage and pensions auto-enrolment, according to a new survey.
David Hughes sums up his entrepreneurial career to date thus: four spectacular successes and two failures. He founded the sports retailer Allsports and achieved turnover of £180 million before a vicious price war meant decline, administration in 2005 and a sell-off to rival JD Sports.