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Glasgow packaging company reduces its pension fund deficit to £9 million

A strong sales performance by Glasgow-based packaging company Macfarlane Group has reduced its pension fund deficit to £9 million. Macfarlane employs over 925 people at 30 sites, principally in the UK, but also in Ireland and Sweden.

UK manufacturing downturn eases but Brexit causes concern

The downturn in UK manufacturing eased slightly this month, but factories are still fearful of the global economic slowdown and Brexit uncertainty, according to a new survey.

Bilfinger UK teams up with Ineos for Scotland sites

Bilfinger UK has been awarded multi-million-pound contracts to maintain two Scottish sites for chemicals giant Ineos in a move that will see the transfer of more than 100 workers.

Plan for new Jaguar Land Rover global parts logistics centre

IM Properties is working with Jaguar Land Rover to create a new global aftermarket parts distribution centre for the automotive company.

Ireland’s economic growth forecasted to fall to 4% this year

Economic growth will fall to 4 per cent this year and dip further to 2.7 per cent next year – and that’s based on a Brexit deal being reached, the State’s largest business lobby group has forecast.

FinTech firm Delio secures £2m investment

FinTech software platform Delio has secured a £2m investment from Maven Capital Partners.

GIG to snap up 40 percent stake in East Anglia ONE offshore wind farm

Green Investment Group (GIG) is to snap up a 40 per cent stake in the 714MW East Anglia ONE offshore wind farm, in a deal announced that will see the Macquarie-owned firm secure almost 50 per cent of the UK's offshore wind capacity.

Lloyds plans robo-advice for clients with assets below £100k

Lloyds plans to launch a mass market robo-advice offering for clients with assets under £100,000 by 2020.

UK economy contracts for the first time since 2012 as brexit nears

Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, placing the country on the verge of a recession.

Intu launches ‘direct retailing’ trial

Institutional landlord Intu has launched a ‘direct retailing’ trial at its Broadmarsh site as part of its new strategy to revamp its flagging shopping centre portfolio.