Business News Round Up (15/07/19)


Scottish independence: UK firms slash investment in Scotland amid indyref2 fears

The possibility of another Scottish independence referendum has caused a drop in investment from UK finance giants north of the border, according to Professor Colin Anthony Jones from Heriot Watt University.

https://www.scotsman.com/news/politics/scottish-independence-uk-firms-slash-investment-in-scotland-amid-indyref2-fears-1-4964516

Region’s property sector is bucking the national trend

The property market in the North West and Manchester region is showing no signs of being affected by the ongoing uncertainty surrounding Brexit and the economy, despite the UK property sector experiencing a slump in recent months.

http://www.thebusinessdesk.com/northwest/news/2044873-region%e2%80%99s-property-sector-is-bucking-the-national-trend

Wind farms ‘could power every home in Scotland’

According to new figures, electricity produced by Scottish wind turbines could power every home in Scotland and could reach the North of England, producing enough electricity to power 4.47 million homes in a six month period.

https://www.scotsman.com/news/environment/wind-farms-could-power-every-home-in-scotland-1-4964703

Baker announces closure of factory with loss of 118 jobs

North West based Warburtons is to close a factory as a result of a challenging bakery market, causing the loss of 118 jobs.

http://www.thebusinessdesk.com/northwest/news/2044912-baker-announces-closure-of-factory-with-loss-of-118-jobs