Survey shows 8% average drop in employee engagement since the pandemic
Manufacturing output volumes fall at fastest rate in over two years
- Manufacturing output volumes fell in the three months to February (weighted balance of -16%, from -1% in the three months to January), a significant disappointment to last month’s expectations (+19%), and at the fastest pace since September 2020. Output is expected to rise moderately in the three months to May (+7%).
- Output fell in 11 out of 17 sectors in the three months to February. The decrease in output reported this quarter was largely driven by the motor vehicles & transport equipment, chemicals and paper, printing & media sectors.
- Total order books were reported as below “normal” in February, to a similar extent as in January (-16% from -17%). This was broadly in line with the long-run average (-13%). Export order books were also seen as below normal and to a greater extent than last month (-27% from -22%). This was below the long-run average (-18%).
- Expectations for average selling price inflation in the three months ahead were the lowest since May 2021 (+40%, from +41% in January), having declined steadily from the multi-decade highs seen in early 2022 (+80% in March 2022). But they remained well above the long-run average (+6%).
- Stocks of finished goods were seen as adequate in February, with the balance broadly similar to January (+9% from +12%).
Nottingham-based gas cylinder maker appoints new Europe sales director as company goes for growth
New leadership team announced as wilko accelerates turnaround
Digital High Street Bootcamp launches for Rushcliffe businesses
Frasers Group commences new share buyback programme
Shirebrook-based Frasers Group has launched a new share buyback programme.
The aggregate purchase price of all shares acquired under the programme will be no greater than £80m.
The maximum number of shares that may be purchased under the programme will be 10m ordinary shares.
Frasers Group says the purpose of the programme – for the period up to and including the last trading day prior to the company’s financial year end on 30 April 2023 – is to reduce the share capital of the company.
Nuclear industry develops £20m plant in to Derby
Chesterfield-based commercial law firm appoints new employment director
Rail hub consultation is inadequate says Council
- Incomplete, inaccurate, and vague information has been provided and requested information remains outstanding
- The Applicant’s approach is inconsistent with government guidance and the legal principles of consultation
- While the Statutory Consultation began in January 2022, the highways modelling inputs were not agreed until March 2022 and the impacts and mitigation are still not agreed and may change. There has been premature and inadequate consultation in this regard
- There is incomplete information on the need for and operation of the development as a rail freight interchange
- The impacts of increased barrier down time at Narborough Level Crossing, including detrimental air quality for residents, have not been satisfactorily considered
- The landscape impacts have not been adequately mitigated


