Business News Round Up (31/10/19)
Dip in Scottish economy ‘less than predicted’
The Scottish economy shrank by less than predicted during the second quarter of this year. A revision of official data found that GDP had fallen by 0.2% in the period April to June, compared to the first estimate of 0.3%, as a result of stronger growth in the services sector.
https://www.bbc.co.uk/news/uk-scotland-scotland-business-50234301
North West set to profit from support of global brands
Manufacturers in the North West are to benefit from a new innovative programme, following the announcement by Greater Manchester Combined Authority (GMCA) that investment designed to generate jobs has topped £600 million. IN4.0 Access delivers a innovation accelerator programme aimed at supporting pioneering manufacturers to develop their business through digital and technological transformation and help them scale up.
https://www.businessupnorth.co.uk/north-west-set-to-profit-from-support-of-global-brands/
Scottish builders remain resilient despite uncertainty says FMB
Results from FMB’s latest State of Trade Survey has found that Scottish SME construction remains resilient in the third quarter but fell slightly from the previous quarter as result of continued uncertainty around Brexit and a potential second independence referendum.
Funding boost for University of Salford’s Business Tech programme
The University of Salford Business School has secured funding designed to help micro entities engage with technology and boost productivity. The funding has been made available through the government’s £8 million Business Basics Programme run by the Department of Business, Energy and Industrial Strategy, in collaboration with Innovate UK.