Business News Round Up (10/12/18)

CBI Scotland warn of ‘long-term damage’ to economy over income tax

CBI Scotland has warned that Scottish income tax rates must remain competitive with the rest of the UK, or it risks damaging productivity levels and Scotland’s ability to compete.

https://www.itv.com/news/2018-12-05/cbi-scotland-warn-of-long-term-damage-to-economy-over-income-tax/

Northwest to usher in UK’s next industrial revolution with £20m Made Smarter programme

The £20 million Made Smarter initiative is to engage with SME manufacturers in the North West to see how Industrial Digital Technologies could help the manufacturing sector.

https://www.furnitureproduction.net/news/articles/2018/11/1362352223-north-west-usher-uk%E2%80%99s-next-industrial-revolution-%C2%A320m-made-smarter

Scottish business activity ‘loses momentum’

Last month Scottish business activity slowed in momentum as a result of a decline in sales for manufacturers and slow growth in the service sector.

https://www.bbc.co.uk/news/uk-scotland-scotland-business-46493594

Strongest growth in a decade at KPMG UK

KPMG have announced its strongest growth in a decade, as revenues rose by 8% and underlying profit by 18%.

https://www.eastmidlandsbusinesslink.co.uk/mag/finance/strongest-growth-in-a-decade-at-kpmg-uk/