Business News Round Up (30/07/19)
Neither UK nor EU ready for no-deal, says CBI
A contingency planning report published by the Confederation of British Industry (CBI) has revealed that neither the UK nor the EU is prepared for a no-deal Brexit, highlighting that securing a deal would be the most beneficial for business.
https://economia.icaew.com/news/july-2019/neither-uk-nor-eu-ready-for-no-deal-says-cbi
SME growth gets a boost as Greater Manchester Combined Authority commits to B-North
The Greater Manchester Combined Authority (GMCA) has provided funding to B-North, the Manchester based provider of loans for SMEs in the North, to further aid Manchester businesses access to funding quickly and effectively.
Scotland’s largest offshore windfarm opens
Scotland’s largest windfarm, the fourth largest in the world, has officially opened. Beatrice Offshore Wind Farm is the largest ever single private investment in Scotland at £2.5 billion, it is predicted to save eight million tonnes of carbon emissions and generate enough energy to power 450,000 homes.
https://www.scotsman.com/news/environment/scotland-s-largest-offshore-windfarm-opens-1-4973092
Charting Manchester’s creative industry growth
Research published by Nesta has revealed that the creative industries in the Manchester region are growing at a faster pace than anywhere else in the UK outside of London, with jobs increasing 7,500 (18%) over a two year period.
https://www.bmmagazine.co.uk/in-business/charting-manchesters-creative-industry-growth/