Business News Round Up (10/01/19)
The Scottish economy lost £9.2 billion from financial outflows in 2017, think-tank finds
Recent think-tank analysis has found that £9.2 billion of the economic value created in Scotland left the country in 2017, raising questions about the benefits of foreign direct investment.
UK worker productivity growth falls to two year low on back of Brexit concerns
The productivity growth of UK workers fell to a two-year low of 0.2% down from 1.6% in the third quarter of 2018.
Scottish economy ‘must change’ to off-set job losses through automation
A recent think-tank study has warned the Scottish economy needs to change to mitigate job losses resulting from automation of industries. The study states that 30% of Scottish jobs are at risk of automation in the next decade.
The UK’s most active investor experiences record year in the North West
Business Growth Fund (BGF), the UK and Ireland’s most active investor in small and medium sized enterprises, has invested more than £230 million across 23 businesses in the North West since it founded in 2011.