Business News Round Up (11/10/19)
Scottish Government’s £3m green investment programme opens
In an effort to accelerate Scotland’s ambition to reaching net zero emissions by 2045, the Scottish Government has announced the Green Investment Portfolio which will give local authorities, developers and third sector organisations the opportunity to pitch for large scale investment to support sustainable projects, with a particular focus on renewables, waste, transport and the circular economy.
Government’s business readiness fund approves £10.1 million in grants to 124 business organisations
The Government is set to issue £10.1 million in grants to 124 business representative organisations and trade associations to support firms in the run up to Britain’s departure from the EU. The grants will be issued by the Business Readiness Fund, with 69 grants totalling £6.3 million already being awarded to a range of groups.
Full Fibre broadband will ‘add £4.6 billion’ to Scottish economy
Openreach, a division of telecommunications company BT, has claimed that a roll-out of full fibre broadband would provide a productivity boost to the Scottish economy, contributing £4.6 billion to the nation’s economy by 2025.
Welcome relief for North West retailers as ‘risk scores’ fall
Retailers in the North West have experienced an ease in pressure, according to new research by R3, an insolvency and restructuring trade body. Latest figures show the number of store-based retailers considered at higher than normal risk of insolvency fell by one point to 39.3% in the period June to September, with risk scores also falling for specialist and online retailers.