Business News Round Up (04/01/19)
House price growth slows to six year low
Latest figures from the Nationwide Building Society reveal that house price growth across the UK rose at its slowest annual rate since 2013.
https://www.propertyreporter.co.uk/property/house-price-growth-slows-to-six-year-low.html
Brexit stockpiling gives short-term boost to UK manufacturing
Figures for December show growth in the UK manufacturing industry compared to previous months. This came as a result of an influx of new business and an increase in stock purchases were linked to manufacturers preparing for the possibility of a no-deal Brexit.
Short sighted vision for Northern Freight Rail threatens UK economic growth
The £3 billion upgrade to the Trans-Pennine route between Leeds and Manchester has been condemned after the decision to remove provisions for freight traffic, with the detrimental effects to the northern region being highlighted.
Brexit’s impact on Scottish construction to be examined
The Economy, Energy and Fair Work Committee is to examine Scotland’s construction sector to discover how challenges in the building industry following Brexit can be overcome.