Business News Round up (09/11/18)
UK growth set to rise but analysts warn summer boost has cooled off
UK growth is expected to 0.1% as production in the construction, retail and manufacturing sectors slowed down as the heatwave came to an end.
https://www.insider.co.uk/news/economic-growth-gdp-uk-scotland-13560726
Steve Rotheram launches transformational £500m fund for the Liverpool City region
Metro mayor of the Liverpool City region has announced plans to overhaul the economy by creating high quality jobs and boost living standards with a £0.5 billion fund.
Ecommerce platform Shopblocks secures £300,000 investment from angel network
Shopblocks, a web hosting and online shop solution for SMEs, has received a £300,000 investment in hopes to upgrade marketing resources and trigger new sales.
PwC: Number of shop closures in Scotland ‘accelerates’
The growth in online shopping is affecting the Scottish high street as research by PwC highlights net store closures have increased to almost two a week in 2018.
https://www.bbc.co.uk/news/uk-scotland-scotland-business-46140247