Business News Round Up (17/06/19)

Brexit stockpiling to hit investment over next two years

According to the British Chambers of Commerce, the growing possibility of a no deal Brexit, coupled with high costs of doing business, weaker investment and stockpiling in preparation for the departure from the European Union is to inhibit economic growth.

https://dailybusinessgroup.co.uk/2019/06/brexit-stockpiling-to-hit-investment-over-next-two-years/

Manchester research tech firm expands globally

The Insights People, a Manchester based family market intelligence company, has created eight new roles following support for GC Business Growth Hub as they plan to scale their US and European businesses and launch into Asia.

https://www.businesscloud.co.uk/news/manchester-research-tech-firm-expands-globally

Cross-border deal aims to generate 6,600 new jobs

Scottish councils are establishing relationships with businesses and schools in England and Northern Ireland as part of a ‘border blind’ Britain, with an aim to attract more people to areas, boost businesses and create jobs.

https://www.thetimes.co.uk/article/cross-border-deal-aims-to-generate-6-600-new-jobs-rczz3rnc3

CVA tactic has led to closure of 1,000 shops

New research has revealed 954 shops have closed during the past two years as a result of an increased use of controversial CVA tactics as a way to renegotiate rents with landlords.

https://www.telegraph.co.uk/business/2019/06/17/cva-tactic-has-led-closure-1000-shops/