An artist impression of what Southampton’s new Red Funnel Ferry terminal will potentially look like has been released. Final plans are yet to be signed off with the proposal going in front of the public next week.
During the past nine months numbers of 'zombie businesses' have increased from 5000 to 23,000 in the south east. Experts have warned the outbreak is a result of firms trying to run before they can walk – a recipe for disaster.
Plans to create more jobs and boost the Solent's marine industry have been given a serious lift after a million pound fund was launched at the PSP Southampton Boat Show last week. Maritime businesses will be able to bid for cash to improve skills, develop proposals, create new jobs and contribute to the sector’s growth in the region.
If shipbuilding returns to Southampton, after BAE Systems’ recent departure from neighbouring Portsmouth, and the last shipbuilders in S’ton relocated to Pompey over 10 years ago, many would say this was ironic. And yet it’s exactly that situation which could be likely for the city’s Centenary Quay development.
Carnival UK’s headquarters were paid a visit by Chancellor George Osborne today who was in the city to promote and brief staff on radical new reforms to pensions. The changes are set to be the biggest for 100 years with people being able to take cash out of their ‘pots’ to cover care costs along with other vital needs.
Hampshire’s economy is set to receive a huge £350m boost after The Solent Local Enterprise Partnership secured £124m of government money. This cash injection aims to create new homes and revitalise the economy by providing thousands of new jobs.
Despite announcing 2600 job losses supermarket giant Morrisons have vowed to carry on with two new Southampton supermarket developments.
A meeting set to take place at Portsmouth City Cathedral tomorrow to discuss how Olympic sailor Ben Ainslie can bring his America’s Cup Sailing Team to the city is still due to go ahead. A number of objections from residents have cropped up regarding the site in Old Portsmouth and this is a chance to get concerns out into the open.
SSE published details of annual profits today of £246 million – even though this is actually a 32.2% decrease. The energy giant is unlikely to recover after it announced a price freeze on its electricity tariffs until January 2016. This promise was made a day before Ofgem, the industry regulator, announced it would be conducting a full scale probe into the energy sector.
Electronics manufacturer Veho are confirmed as Saints new headline sponsor this summer. Veho have their headquarters in Southampton and agreed to a two deal which is set to begin on July 1.