Business News Round Up (26/04/19)


Retail sales grew for the first time since November 2018

According to the monthly CBI Distributive Trades Survey, retail sales grew for the first time since November 2018 in the year to April.

https://aboutmanchester.co.uk/retail-sales-grew-for-the-first-time-since-november-2018/

Royal Bank of Scotland profits come under pressure

Economic uncertainty and competitive pressures have led to a slump in first quarter profit for Royal Bank of Scotland.

https://www.scotsman.com/business/royal-bank-of-scotland-profits-come-under-pressure-1-4915497

Could the skills gap stifle the IT sector’s future success?

Despite the regional success of the IT sector, some tech companies in the Greater Manchester area are struggling to find employees to sustain their growth. Industry leading training initiative in Greater Manchester have been put in place to address the skills shortage within the IT sector to ensure the health of the economy.

https://www.manchestereveningnews.co.uk/business/business-news/could-skills-gap-stifle-sectors-16163736

University of Glasgow to build hi-tech Govan campus

The University of Glasgow has unveiled plans to build a new £56 million high-tech campus in Govan, aiming to be a world renowned centre for nanotechnology and precision medicine.

https://www.bbc.co.uk/news/uk-scotland-glasgow-west-48050067