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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

North Devon businesses join forces to promote the area

North Devon businesses join forces to promote the area Credit: ITV Westcountry

More than 200 North Devon businesses have raised £107,000 to help towards marketing the district this year.

Most councils across the region have withdrawn funding for tourism marketing from this season and so North Devon has formed its own Marketing Bureau paid for by local businesses who've stepped in to fill the gap.

The Bureau was launched this morning in Woolacombe, voted the UK's best beach by Tripadvisor reviews.

A lorry has also been decorated with a large image of Westward Ho! at sunset which will advertise the area as it travels around the country.

North Devon businesses join forces to promote the area Credit: ITV Westcountry

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Plymouth's The Range to expand

Range store. Credit: ITV News West Country

The Plymouth-based founder of the retail firm the Range has announced major expansion plans.

Chris Dawson aims to create nearly 7,000 new jobs across the UK in under three years.

The company has 76 stores and is looking to open another 45, making it one of the fastest growing retailers in the country.

It opened its first store in Scotland on Friday and has plans to expand into Europe.

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Comet jobs axed in Exeter

Comet Credit: PA

Thirty three people in Exeter have been made redundant from the electrical chain Comet. It brings the total number of jobs axed at the group across the UK to more than 700. Most of the job losses come from the company's home delivery network. No jobs have gone at Comet stores so far.

Fishing industry to receive EU cash

South West fishermen will benefit from government money Credit: Julien Behal/PA Wire

Fishermen in the South West will benefit from new funding to improve the industry. Cash from Europe will pay for ways of improving the economic and environmental sustainability of the UK's fishing industry.

Money will be made available to pay for more selective catching gear that will help eliminate the discarding of fish, and to fund research projects to improve the industry's sustainability.

The new proposal, agreed during Common Fisheries Policy (CFP) talks in Luxembourg on the future of the European Maritime and Fisheries Fund, will fund radical changes to the CFP.

The Department for Environment, Food and Rural Affairs, said that under current arrangements, funding has been channelled into measures which have increased fishing capacity and led to widespread overfishing.

It has also led to unsustainable practices such as the discarding of perfectly edible fish.

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