Business News Round Up (10/06/19)

Output falls for fifth time in six months as new orders slow down

Scotland’s private sector has suffered a drop in output for the fifth time in six months, according to the Royal Bank of Scotland PMI report for May.

https://www.insider.co.uk/news/output-falls-fifth-time-six-16492039

Poorest communities fear loss of £2bn EU funding after Brexit

Analysis suggests the UK’s poorest regions could lose up to £2 billion of funding while London and the South East stand to benefit from repatriation of regeneration cash from Brussels.

https://www.huffingtonpost.co.uk/entry/eu-funding-brexit_uk_5cfd4ea7e4b04e90f1cb299f?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANebxIC1sl94izT77QYXJaUxfilr94FEl_kuAO_jANp4Mdj9BBRfK2IjLAOWbBhvT8xxBDPu8pAewJkE5kqA-uw2hevNbc6ZO6M0UBz_sfu5bpakW3NT5Tzr0tDQXyviKpXKzRnro6WqIuDmi58KA3MsJDEzb9O7qAJox6i6oK0N

One unicorn a month created in UK, says Tech Nation report

The UK tech sector has produced one unicorn firm each month and has created more unicorn tech companies than any other country except for the US and China, according to new figures released ahead of London Tech Week.

https://www.insider.co.uk/news/one-unicorn-month-created-uk-16492717

PM celebrates UK tech industry at London Tech Week

Speaking at London Tech Week, the Prime Minister has announced that global tech companies have backed the UK with investment of more than £1.2 billion.

https://www.gov.uk/government/news/pm-celebrates-uk-tech-industry-at-london-tech-week