Business News Round Up (02/05/19)
Record stockpiling by SME manufacturers in the last quarter
A survey conducted by the CBI has revealed that the stockpiling of raw materials and finished goods were at record highs among small and medium sized manufacturers.
https://aboutmanchester.co.uk/record-stockpiling-by-sme-manufacturers-in-the-last-quarter/
Scottish economy 2012 growth confirmed at 1.3%
According to official statistics, the Scottish economy grew by 1.3% in 2018, experiencing 0.3% growth in the fourth quarter of the year.
https://www.bbc.co.uk/news/uk-scotland-scotland-business-48118682
Inflexion target opportunities in North West after raising £1bn
Inflexion Private Equity Partners’ is targeting investments in the North West region after raising £1 billion in a double fundraiser and plans to invest further in its North West team in order to maximise opportunities.
350 job losses feared as Galliford Try to close parts of Scottish operation
Galliford Try has announced plans to close most of its operations in Scotland after entering into a redundancy consultation period with its employees, 350 jobs are reportedly under threat