Business News Round Up (21/12/18
Scottish business confidence drops to lowest in the UK
Scotland is the least confident part of the UK following a decrease in business confidence. Business confidence in Scotland has decreased by 20 points in one month amidst global and domestic economic uncertainty.
https://www.insider.co.uk/news/business-confidence-bank-of-scotland-13760078
Region’s business confidence remains high despite Brexit woes
Greater Manchester’s quarterly economic survey reveals that business confidence remains high despite the impact of Brexit.
“A bumper year”: UK tech exits topped $40 billion in 2018, as EU catches US
UK tech companies had a landmark year as sales, IPOs and mergers totalled $40 billion. Tech start-ups raised $7.9 billion in Venture capital in 2018.
https://www.cbronline.com/news/a-bumper-year-uk-tech-exits-topped-40-billion-in-2018
Ferguson Marine says it will lose £40m on new CalMac ferries
Shipbuilder, Ferguson Marine, claims £40 million loss on CalMac ferries deal as a result of ‘interference and disruption’ from the Scottish government.
https://www.bbc.co.uk/news/uk-scotland-scotland-business-46632583