Business News Round Up (26/07/19)
Falkirk district could benefit from £280 million Growth Deal
Falkirk Council leader, Cecil Meiklejohn is in talks with Secretary of State for Scotland to boost the local economy, environment and infrastructure with a £280 million Regional Growth Deal.
Lack of commercial office space is biggest challenge facing Liverpool’s economic development
One of the biggest challenges inhibiting Liverpool’s economic development is a lack of space to house more commercial offices, according to Steven A Hunt & Associates.
https://www.business-live.co.uk/commercial-property/lack-commercial-office-space-biggest-16637262
US tech group launches European HQ in Edinburgh
San Francisco based on demand human insight platform UserTesting has announced its plan to launch its first international headquarters in Edinburgh, creating up to 100 jobs, as it targets rapid expansion across Europe, the Middle East and Africa (EMEA).
https://www.scotsman.com/business/us-tech-group-launches-european-hq-in-edinburgh-1-4971364
Jaguar Land Rover posts a £395m quarterly loss
Jaguar Land Rover has reported a loss of £395 million from the period beginning April to June, a fall of 11.6% in comparison to the second quarter of 2018. Jaguar Land Rover claim a return to profitability is possible as sales rise in China.
https://www.business-live.co.uk/manufacturing/jaguar-land-rover-results-16644962