Business News Round Up (08/02/19)


Bank forecasts worst year for UK since 2009

The Bank of England expect 2019 to have the slowest year of growth since the economic recession of 2009, forecasting growth of 1.2%.

https://www.bbc.co.uk/news/business-47155537

Greater Manchester needs more devolved powers says study

The Independent Prosperity Review highlighted Greater Manchester’s need for more devolved power if it is to improve its economic standing and reduce the north/south divide.

https://www.ft.com/content/afe87034-2a44-11e9-a5ab-ff8ef2b976c7

Scotland’s historic environment generates £4bn for economy

Scotland’s historic environment sectors contributed more than £4 billion to the economy as a result of increasing international tourists.

https://www.thenational.scot/news/17417153.scotlands-historic-environment-generates-4bn-for-economy/

The University of Manchester searches for development partner for £1.5bn Innovation District – and it could create 6,000 jobs

The University of Manchester is looking for a joint venture parent to develop a 26 acre Innovation District to create a dynamic community of enterprise, innovation and collaboration.

https://www.manchestereveningnews.co.uk/business/business-news/university-manchester-searches-development-partner-15798558