Business News Round Up (19/04/19)

Britain’s payday loan hotspots revealed as high cost credit addiction sees debts spiral to over £1billion

New data reveals that UK borrowers have accumulated debts over £1 billion in 2018, with Birmingham and Manchester topping the regions with the largest value of payday loans.

https://www.thisismoney.co.uk/money/bills/article-6927253/Breadline-Britain-New-figures-extent-UKs-payday-loan-addiction.html

Mind the equity gap – researchers find companies in the South receive three quarters of all equity funding

Researchers at the University of Leeds and Imperial College London have found that companies in London, the South East and East of England receive 75% of all equity investments in the UK.

https://aboutmanchester.co.uk/mind-the-equity-gap-researchers-find-companies-in-the-south-receive-three-quarters-of-all-equity-funding/

Unity Bank targets Scotland after loans top £400m

Unity Bank, a Birmingham based commercial bank, has set its target on Scotland after a 68% increase in profits.

https://www.scotsman.com/unity-bank-targets-scotland-after-loans-top-400m-1-4910626

Education innovation hub launched at University of the West of Scotland

A new Education Innovation Hub is opening at the University of the West of Scotland which will contribute to an ongoing partnership between the university, Fujitsu, Net App, Ruckus Networks, and Intel.

http://futurescot.com/uws-hub-fujitsu-ambassador-programme/