Business News Round Up (23/08/19)

Foreign investment in UK tech grows, but the North-South divide continues

Foreign investment in UK tech firms have reached 2018 levels, despite only being eight months into the year. Investors contributed £5.5 billion to the sector in the first seven months of the year, according to figures from the government’s digital economy council.

https://diginomica.com/foreign-investment-uk-tech-grows-north-south-divide-continues

Brexit migration drop putting Scots economy ‘at risk’

The number of citizens arriving in the UK from the European Union has fallen to its lowest level since 2013, according to the latest estimates from the Office for National Statistics (ONS), as the number of people coming to work has dropped

https://www.thenational.scot/news/17855217.brexit-migration-drop-putting-scots-economy-at-risk/

Demand for tech skills could widen ‘North-South divide’

New analysis suggests 37% of UK professionals cite their location as London, higher than the combined number of jobs emerging in the tech sector in other UK cities including Manchester, Edinburgh, Bristol and Liverpool. Professional services company, Accenture, says an increased need for Artificial Intelligence, blockchain technology and quantum computing roles in the South East threatens the national skills gap.

https://www.businesscloud.co.uk/news/demand-for-tech-skills-could-widen-north-south-divide

KPMG launches technology innovation hub in Manchester

Business advisory firm KPMG has agreed a deal with Bruntwood Sci-Tech to launch a Solutions and Digital technology innovation hub at the Manchester Technology Centre, which aims to solve specific challenges in cloud computing, digital learning, responses to regulatory change, automation and the use of technology to improve function across office functions.

https://www.insidermedia.com/insider/northwest/kpmg-launches-technology-innovation-hub-in-manchester