LOCAL NEWS UPDATE 17/10/2018
Written by Mike Stewart on 21 October, 2018
PROFITS HIT BY COSTS AT NORFOLK’S BIGGEST FIRMS
A major report on the state of Norfolk’s biggest businesses says that profits have been reduced by rising costs.
A survey of the 100 top companies in the county has seen turnover, investment and staffing all increase over the past year. However, a pressure on margins has meant profitability not keeping pace, despite overall growth above the national average.
The survey has also highlighted a shortage of skills for many businesses.
GARAGE OWNER GOES ON TRIAL AFTER BREAK-INS
A South Norfolk garage owner has gone on trial, in connection with more than 200 break-ins around the region.
45 year old Simon Oakley, who owns Long Stratton Quick Fit, is one of four men accused of being part of a major criminal gang. The gang is said to have stolen property worth over £2 million during 2017.
Oakley, of Alburgh Road in Hempnall, denies conspiracy to commit burglary. Norwich Crown Court has heard that he’s alleged to have supplied false number-plates for stolen high-performance cars used by the gang.
Homes, and also businesses with cash machines, were targeted by the gang in Norfolk and Suffolk, as well as in Essex and Cambridgeshire. Three other men on trial deny handling stolen goods.
MAN IN HOSPITAL AFTER CRASH
A man, aged in his 60s, remains in hospital with serious head injuries, after an accident on the main road between Diss and Attleborough.
The collision between two cars happened on the B1077 near Hall Road at Winfarthing. The driver of the other car received only minor injuries.
TRACTOR IN COLLISION WITH CAR
A tractor has been involved in a collision with a car at Bressingham.
The incident happened yesterday near the Chequers Inn, on Low Road, part of the A1066 Diss to Thetford road.
Three fire crews were sent out to release a person trapped in one of the vehicles. An air ambulance was also called to take an injured person to hospital.