Business News Round Up (09/07/19)


Scottish National Investment Bank takes another step forward

The creation of a Scottish National Investment Bank took a major step forward as the Scottish Parliament’s Economy, Energy and Fair Work Committee voted unanimously in favour of the proposal.

https://www.commonspace.scot/articles/14459/scottish-national-investment-bank-takes-another-step-forward

How Manchester is meeting the £141bn challenge of attracting digital talent

London Tech Week 2019 addressed how Manchester attracts and retains digital talent after it was revealed that the digital skills gap could cost the UK economy as much as £141 billion in GDP growth.

https://www.investinmanchester.com/latest-news/2019/7/8/how-manchester-is-meeting-the-ps141bn-challenge-of-attracting-digital-talent-a2719

SNP demands immigration powers as new figures show Scotland set to lag behind European neighbours in population growth

New analysis based on European Union projects suggests Scotland’s population will be half a million smaller by 2040 than it would be if control of immigration policy was devolved.

https://www.commonspace.scot/articles/14461/snp-demands-immigration-powers-new-figures-show-scotland-set-lag-behind-european

Shares in manufacturer tumble by quarter after £1.8m accounting mistake revealed

Shares in Manchester based chain manufacturer, Renold, have fallen by 25% after a £1.8 million mistake was discovered in its accounts.

http://www.thebusinessdesk.com/northwest/news/2044618-shares-tumble-in-manufacturer-by-quarter-after-1.8m-accounting-mistake-revealed