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Business reaction to the election result

Devon and Cornwall businesses have welcomed the election result in the South West where the Conservatives hold the majority of seats - mirroring the national picture.

The Chief Executive of Plymouth and Devon Chamber of Commerce wants the new government to work on boosting jobs and growth in the region.

Businesses in all parts of the United Kingdom and particularly the South West want to see a pro-growth, pro-enterprise programme – building on the positive steps taken, and lessons learned, during the Coalition years.

In order to continue the overall steady growth we have seen in the region, we need the next government to continue its work of cutting the deficit, in tandem with making significant investment in our transport infrastructure.

The Conservatives now appear to have a clear mandate to take bold and important decisions, and must use it to help British businesses invest and grow. In return, business stands ready to work with the new government to deliver prosperity, jobs and sustained economic growth.

We heard from George Osborne MP earlier this year, on the Conservative’s Long Term Economic Plan commitment for the South West and I, along with many businesses and partner organisations in the region, look forward to working with our new MP’s to see these plans come to fruition.

– Peter Hartland, Chief Executive of Plymouth and Devon Chamber of Commerce

Cornwall Chamber of Commerce wants the new government to focus on growth and investment in the region.

We congratulate all of our new and continuing MPs and look forward to working with them to ensure that the recently published Business Plan for Cornwall and the Chamber Calls within it are at the forefront of their minds.

The Conservatives now have a clear mandate to take bold and important decisions, and must use it to help Cornish businesses invest and grow.

– Cornwall Chamber of Commerce

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Reports that Western Greyhound have ceased trading

Uncertainty over bus company's future Credit: ITV West Country

There's uncertainty this morning over the future of the Cornish bus company Western Greyhound.

It's understood drivers turning up this morning weren't able to get in to work. Senior management are thought to be briefing staff at the Summercourt depot now. First Bus are accepting Western Greyhound passes.

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Stadium for Cornwall is unlikely to go ahead

Money for the stadium in Cornwall is dependent on plans for a supermarket and housing development being approved Credit: ITV News

Campaigners appear to have lost their long battle to build a ten million pound super stadium in Cornwall. Funding for the showpiece arena had been dependent upon approval being given for a supermarket and housing development on the outskirts of Truro.

But tonight councillors have voted to approve a different housing and supermarket development at Willow Green, which means the Stadium for Cornwall is unlikely to go ahead.

Stadium for Cornwall developer Inox and Henry Boot Developments wanted to build a mixed use development at West Langarth including a supermarket, housing and community facilities. If the application is granted, they say the cash proceeds would be used to fund the construction of the 6000 seat stadium.

But a spokesperson for Inox said that it would be difficult to secure a contract with a supermarket like Morrisons, now an ASDA scheme has been given the green light.

Cornwall Council had indicated that there is only demand for one further supermarket in the area.

Cornwall stadium developer: "No Plan B"

"We do not have a Plan B, we've looked at grant funding, we've looked at loan funding, we've looked at tax payers' money coming from the council, all of which have been turned down in the past and this is our final option now, so we are asking officers to just approve our scheme to enable West Langarth and the stadium to happen."

– Rob Saltmarsh, Inox

Cornish Pirates: new stadium is vital

"It's absolutely vital to the future of the Cornish Pirates, it's been a seven year saga, and it's coming to a head today. The stadium provides the prospect for Cornwall to have top flight professional Rugby Union in Cornwall in years to come. If we don't get the decision today, then that prospect becomes an increasingly forlorn hope."

– Ian Connell, Cornish Pirates Chairman

Stadium supporters gather outside County Hall

Stadium supporters outside County Hall Credit: ITV News West Country

Around 100 supporters of the stadium including members of the Cornish Pirates rugby team gathered outside County Hall this morning singing rousing Cornish anthems. They urged councillors to vote for the stadium project to go ahead as they arrived for today's Strategic Planning Meeting.

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