Business News Round Up (24/01/2020)
Housebuilding and infrastructure expected to drive Scottish construction growth
Chartered surveyors in Scotland have predicted a boost in construction activity through a rise in housebuilding in 2020, according to a new report. The latest UK Construction and Infrastructure Market Survey from the Royal Institution of Chartered Surveyors showed a net balance of +37% of Scottish respondents expect workloads to be higher in a year’s time, with public and private housing and infrastructure cited as driving the activity – with a net balance of 25% Scottish respondents expecting private housebuilding to increase, one of the strongest rates in the UK.
Support programme helps new wave of NW tech talent accelerate growth
GC Angels, part of the GM Combined Authority’s response to supporting the early stage investment market, has unlocked millions in investment for companies leading a new wave technology. GC Angels aims to focus on supporting businesses in digital, creative and tech, backing the development of immersive technologies such as virtual reality (VR), augmented reality (AR) and haptics to provide products and services to create an impactful experience for customers.
RBS backs female-led start-ups with £1 billion fund
The Royal Bank of Scotland has announced it is to invest £1 billion to support female entrepreneurs launch their own businesses. The Female Entrepreneurship Funding aims to support and inspire 500,000 people to consider starting a business, of which at least 60% will be female – in order to help create 50,000 businesses by 2023.
https://dailybusinessgroup.co.uk/2020/01/rbs-backs-female-led-startups-with-1-billion-fund/
Kellogg to create 70 jobs in warehouse deal
The Kellogg Company has announced it is to move into a warehouse at Bericote’s 525 Haydock, thought to be the region’s largest speculative industrial unit, creating up to 70 new jobs. The cereal and snacks manufacturer agreed the multi-million pound deal earlier this month and plans to support the distribution of its products across the UK and exports to the EU and the Middle East.
https://www.foodmanufacture.co.uk/Article/2020/01/23/Kellogg-to-create-70-jobs-in-warehouse-deal