Business News Round Up (16/07/19)
House prices to grow by 14% by 2022, predicts PwC
The average house price in Scotland is expected to increase 14% to £170,000 between 2018 and 2022, according to PwC’s latest UK Economic Outlook.
https://www.insider.co.uk/news/house-prices-grow-14-2022-18297426
North West set for subdued economic growth
According to PwC’s latest UK Economic Outlook report, the North West region’s economy is set to expand close to the UK average at 1.3% in 2019 and 1.2% in 2020, but remain relatively subdued.
https://www.insidermedia.com/insider/northwest/nw-set-for-subdued-economic-growth
BGF hits £2bn investment milestone after day of deals
The Business Growth Fund (BGF), one of the UK’s most active investors in growing businesses, has reached a £2 billion investment milestone after a record day of funding, in which it committed £48 million into SMEs.
Leeds: the fastest growing tech hub in the North and the scale-up haven
Leeds’ digital technology sector now has the fastest scale-up growth in the North, contributing £6.5 billion to the City Region economy and employs 102,000 people.
https://www.information-age.com/leeds-tech-hub-north-uk-123484040/