Business News Round Up (02/09/19)
Public sector awards consulting contracts worth £1.3 billion
The UK’s public sector awarded more than 700 consulting contracts, totalling over £1.3 billion, in the first seven months of 2019. Analysis by Consultancy.uk in collaboration with Tussell, revealed the biggest contracts typically involved the Foreign Office, DERFRA and the MoD.
https://www.consultancy.uk/news/22264/public-sector-awards-consulting-contracts-worth-13-billion
No Deal Brexit could slash Scottish house prices by 6%, says report
House prices in Scotland could fall by 6% if Britain crashes out of the European Union without a deal, according to new research from KPMG. The professional services firm also said that it was ‘not out of the question’ for house prices to fall 10 to 20% by the end of 2020 if the market reacts more strongly than anticipated.
UK manufacturing output falls to seven year low
UK manufacturing has experienced a contraction in the market, which fell to a seven year low in August as the operating climate remains challenging due to reduced global demand.
https://www.bbc.co.uk/news/live/business-49524835
Superfast broadband for Greater Manchester region
The Greater Manchester Combined Authority (GMCA) has revealed plans for a multi-million pound plan to introduce a super-fast broadband network in the region, to have the ‘best digital infrastructure in the UK’ by 2021 and boost the city region.