Business News Round Up (18/12/18)

Here’s what the EU has funded in Scotland

In the past five years the EU has invested £379 million in the Scottish economy. In addition to this, Scotland has also benefited from other EU funding schemes.

https://www.insider.co.uk/news/european-union-funding-scotland-economy-13746735

Lancashire to trial £9m business rates plan

Lancashire councils have agreed to trial a new £9 million project which will allow them to keep more of their business rates locally.

https://www.lancashirebusinessview.co.uk/lancashire-trial-9m-business-rates-plan-109519/

Scottish beer and pubs add £1.6bn to ‘local and national’ economy

A report commissioned by the Scottish Beer and Pub Association (SBPA) has revealed that beer and pub activity adds £166 billion to the Scottish economy and employs over 66,000 people.

https://www.thedrinksbusiness.com/2018/12/scottish-beer-and-pubs-add-1-66-billion-to-local-and-national-economy/

Rochdale Council buys Central Retail Park for £13.2m

Rochdale Council has bought the Central Retail Park and its adjoining 4.7 acres of land from Town Centre Securities for £13.2m. The move comes in an attempt to reduce its portfolio of out of town retail sites.

https://www.placenorthwest.co.uk/news/rochdale-council-buys-central-retail-park-for-13-2m/