Stories about Economy & Enterprise

InExeter fifth term ballot budget agreed
Exeter City Council has approved a £7,000 budget to run a ballot for local businesses to decide whether Exeter’s Business Improvement District should continue to operate for a third five-year term from April next year.

Council sinks additional £1.25m into struggling Exeter Science Park as company unable to repay £7m debts
Serial scrutiny failures continue as emergency meeting held to increase city council exposure to joint venture to more than £2 million on top of £450,000 project costs plus £950,000 guarantee but rescue plan risks repeating earlier strategic mistakes.

City council gives Exeter Chiefs permission to hold Sandy Park concerts with 15,500 attendees
Permanent consent for six weekend events between 1 May and 15 July each year with amplified music to 10.30pm follows four trial concerts with audiences of just 3,500.

Exeter employment rate second lowest in South West for second year running
Economic inactivity levels related to large student and retiree population remain high, creating recruitment challenges from healthcare to refuse collection, but council celebrates top retirement destination ranking as ‘more good news’.