Business News Round Up (08/11/18)


Number of Dundee manufacturers falls by 5% as industrial job promises come and go

The Scottish Government has revealed whilst the number of companies in the manufacturing sector, the number of employees have decreased by 5%.

https://www.thecourier.co.uk/fp/news/local/dundee/760445/number-of-dundee-manufacturers-falls-by-5-as-industrial-job-promises-come-and-go/

HS2 boss to tell Economic Growth Conference 500,000 new jobs are ‘just the beginning’

Sir Terry Morgan, the chairman of HS2, believes the £55.7 billion project has the ability to create nearly half a million new jobs and approximately 90,000 new homes.

https://www.yorkshirepost.co.uk/news/hs2/hs2-boss-to-tell-economic-growth-conference-500-000-new-jobs-are-just-the-beginning-1-9431785

Dundee Michelin tyre factory closes with loss of 850 jobs

Michelin have announced that it will leave Dundee by 2020, confirming the tyre factory is to close and take 850 jobs with it.

https://www.bbc.co.uk/news/uk-scotland-tayside-central-46097215

£400k funding boost for Alderley Science Park firm

YProtech, a chemistry services company, has secured £400,000 of funding to provide additional growth capital and benefit from the provision of medicinal chemistry expertise.

https://www.insidermedia.com/insider/northwest/400k-funding-boost-for-alderley-science-park-firm