Business News Round Up (15/01/19)
BE Group Debt Finance Scotland to manage £12m loan fund for SMEs
A £12 million loan fund under the Scottish Growth Scheme has been appointed to BE Group Debt Finance Scotland as fund managers. The fund aims to invest in SMES and encourage their growth plans over the next three years.
https://www.insider.co.uk/news/scottish-growth-scheme-be-group-13855963
North Western Hall conversion gets £20m funding
The North Western Hall has secured a £20 million loan from the Merseyside Pension Fund to transform it into a 202 bed hotel by autumn 2020.
https://www.placenorthwest.co.uk/news/north-western-hall-conversion-gets-20m-funding/
Tourism scheme to give lift for business
The new Tourism Business Game Changer programme has been started in the North East of Scotland to help tourism businesses expand.
Savills sees property sales falling on Brexit uncertainty
UK based real estate agency Savills is expecting lower transaction volumes in some markets this year due to uncertainty surrounding Brexit and US trade policy.