Stories about Economy & Enterprise

Exeter Business Improvement District seeks third five-year term to April 2030
Eligible city centre businesses to decide by ballot whether InExeter should continue providing services and support in return for 1.25% levy charged against premises with £7,500+ rateable value.

Frasers buys Princesshay shopping centre as part of wider retail space acquisition
Mike Ashley-owned sports goods and retail group buys 400,000 square feet centre outright from The Crown Estate and Nuveen for a reported £80 million.

Paternoster House flats described as “blueprint for Exeter’s future” marketed for rent at up to £3,500 per month
Standard minimum earnings eligibility threshold to rent each of four city centre flats so far completed ranges from £71,500 to £104,000 per annum, three times Exeter median wages, while best-paid 10% in Devon earn £52,400.