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news opinion
In the past year or so, The Business Magazine has become a key publication for entrepreneurs
We have always been strong for professional services, but the initiatives we have launched in recent months have opened up the pages of the magazine to a series of fascinating profiles and interviews with key entrepreneurs in the south.
Our Southern Entrepreneurs campaign, sponsored by EY and UBS, has identified some of the region’s most successful business founders and owner-managers. A campaign with law firm
Coffin Mew has shone the light on even more.
In addition, the double- page Q&A entrepreneur profiles that we have carried are regularly the most requested features on our website and have been well received by our print readers.
Recent events, such as a Southern Tech 100 dinner and an SME 100 breakfast, show we are engaging with OMBs more than ever before.
A common theme among these entrepreneurs is how many are passionate about giving back to their community, about ethics and corporate responsibility. Their passion shines through – and gives lie to the view that business “bosses“ only care about the money .....
David Murray Publisher
Accelerated private sector output growth
reported February data signalled a continuation of the solid private- sector upturn in the South East, with output and new orders both rising at sharper rates. Companies further added to their payrolls, and backlogs of work accumulated. Meanwhile, input cost inflation accelerated from January’s low and firms continued to raise their charges at a marginal pace.
This accelerated output growth of private-sector companies in the region was highlighted by the headline Lloyds Bank South East Business Activity Index – a seasonally- adjusted index that tracks changes in the combined output of the region’s manufacturing and service sectors – rising from January’s 19-month low of 55.8 to 57.3.
While sharp overall, the latest expansion was weaker than the average for the current 26-month sequence of growth. Sector data suggested that output rose across
both the manufacturing and service sectors.
Latest survey data also signalled a further solid rise in order intakes. The rate of growth in new work was the strongest in three months and linked by panellists to a positive economic environment and increased demand from both domestic and foreign markets.
Private-sector firms in the South East reported further solid employment growth in February, with the rate of job creation accelerating since January to the strongest in seven months. Panellists attributed higher workforce numbers to anticipated new order growth and increased business requirements.
Backlogs of work accumulated further in February. Surveyed companies generally attributed this to increased order intakes.
Input costs faced by private-sector firms in the South East rose further in February and the rate of inflation accelerated from January’s 30-month low to the sharpest since last July. With costs rising further, companies raised their selling prices. However, the rate of charge inflation was marginal.
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E.indd 1 THE BUSINESS MAGAZINE – THAMES VALLEY – APRIL 2015 12/11/2013 16:12
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