Business News Round Up (24/07/19)
Scottish manufacturing output begins to slow – CBI survey
Manufacturers in Scotland suffered a slowdown in overall output growth in the past three months as their orders from within the UK continued to decreased, according to the latest CBI Industrial Trends Survey for Scotland.
https://www.insider.co.uk/news/scottish-manufacturing-output-begins-slow-18687696
£31m added to regional economy thanks to social enterprise
The Business Enterprise Fund (BEF) has announced it has boosted the regional economy of the North of England by £31 million in the last 12 months.
https://www.businessupnorth.co.uk/31m-added-to-regional-economy-thanks-to-social-enterprise/
Bid to make Scottish franchising a £1 billion industry
The British Franchising Association has announced plans to increase the value of the Scottish franchising sector to £1 billion by 2021, representing a 25% increase from an implied annual turnover of £800 million.
https://www.insider.co.uk/news/bid-make-scottish-franchising-1-18669697
Cussons launches strategic review as profits fall by 37.5%
PZ Cussons, Manchester based personal healthcare product manufacturer, has announced it is launching a major strategic review following a 37.5% fall in profits as it continues to struggle with tough market conditions.