Business News Round Up (31/05/19)


Scottish Government faces £1bn funding gap over three years

The Scottish Fiscal Commission (SFC) has forecast tax increases and spending cuts to plug a £1 billion gap in the Scottish budget.

https://www.heraldscotland.com/news/17675045.scottish-government-faces-1bn-funding-gap-over-three-years/

Small business confidence hits two year low

New research from Hitachi Capital Business Finance has revealed the number of small businesses predicting growth over the next three months has fallen to 34% as a result of political and economic uncertainty.

https://www.bmmagazine.co.uk/news/small-business-confidence-hits-two-year-low/

Glasgow University waterfront campus plan wins city deal funding of £1m

Funding has been approved by Glasgow City Council for the new University of Glasgow waterfront campus, a project expected to cost £80 million, which is expected to create almost 4,000 jobs.

https://www.thenational.scot/news/17675125.glasgow-university-waterfront-campus-plan-wins-city-deal-funding-of-1m/

North West residents need digital boost

56% of residents in the North West lack essential digital skills required for the modern workplace, according to the latest Lloyds Bank Consumer Digital Index.

https://bdaily.co.uk/articles/2019/05/30/north-west-residents-need-digital-boost