CCR Magazine

Scotland’s GDP grew by 0.1% in the second quarter of the year, compared with 0.7% UK growth over the same period, new statistics published today show.

Andy Willox, the Federation of Small Businesses’ (FSB) Scottish policy convenor, said: “Recent evidence from our members revealed a significant dip in small business confidence. Today’s growth figures show that there’s obviously still work to do to get Scotland’s economy firing on all cylinders at a national and local level.
 
“We need to see Scotland’s decision-makers focus on practical measures to ensure this economic sniffle doesn’t become something more sinister. We need to make Scotland’s local economies less vulnerable to global economic shocks, and in our view, that means developing our small businesses to make local communities more resilient.”

(Source - FSB Press Release)