Tag Archives : economy


Council invests in city to bring in steady income

Plymouth City Council has purchased a prime retail warehouse park in the city as part of a long-term investment strategy to promote the local economy and generate income. The Council has used historically low borrowing rates to acquire the freehold interest of Friary Retail Park on Exeter Street. The property extends to circa 81,000 sq […]


Council Leader Tudor Evans and Plymouth RNLI Coxswain David Milford launch the second edition of the Book of Wonder

RNLI’s historic links with Plymouth celebrated in second Book of Wonder

Did you know Plymouth was one of the first places in the country to have a lifeboat, with the first stationed here in 1803? The RNLI was set up in 1824 and formally took over running the Plymouth lifeboat station the following year. It is the busiest station in the region, with crew members helping […]


Plymouth, Devon and Somerset bid for more powers to boost prosperity

Council chiefs and business leaders say they want a ‘devolution revolution’ to boost prosperity in Devon and Somerset. They have agreed to submit a prospectus to Government that would result in higher productivity and better-paid jobs, improved road, rail and broadband links and more homes for the region’s growing population. There would be radical reforms […]


New round of Plymouth’s innovative social enterprise fund now open

Social enterprises across Plymouth are being invited to submit applications for a share of a £875,000 pot of loans and grants to help their business flourish over the next two years. The Council is launching another round of its innovative Social Enterprise Investment Fund and the successful bidders will be able to join a growing […]


United call for more devolved power from Westminster

Plymouth has joined forces with councils in Devon and Somerset to outline a case for more devolved powers from Westminster. Council leader Tudor Evans has signed a ‘Statement of Intent’ which is being submitted to the Government today (Friday) on behalf of public sector organisations across the Heart of the South West Local Economic Partnership […]


Cabinet member for Finance responds to the Summer Budget

Councillor Mark Lowry, Cabinet member for Finance, said: “As expected this was a brutal budget that will hit families, young people and Plymouth’s most vulnerable residents hardest.  “I’m particularly concerned about the ending of housing benefit for 18 to 21 year olds, which will affect more than 700 people in Plymouth.  “If these young people […]


Way to go! New map and information boards for Plymouth city centre and waterfront

Work is under way to install a network of new and improved map and information boards around Plymouth’s city centre and waterfront. The new wayfinding signs will make it easier for visitors and residents to navigate their way around Britain’s Ocean City by boat, bike, bus and foot, as well as showcase the city’s spectacular […]