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Growth figures present challenge, argues FSB PDF Print E-mail
Wednesday, 20 July 2016
Official statistics published today show there was little economic growth in Scotland in the first quarter of 2016. In addition, a separate release has shown unemployment falling between March and May 2016. 

Andy Willox, the FSB’s Scottish policy convenor, said: “These pre-referendum figures demonstrate that the Scottish economy was underperforming before the vote. While a decline in unemployment is good news, there’s a worrying gap between the UK and Scottish jobless rates.

“Business surveys and feedback suggest that some investment plans and deals have been put on hold as a consequence of recent economic and political turbulence.

“As Number 10 and Bute House draw up plans to restore business confidence, they must think about community firms as well as the stock market. They must shelve proposals that would give business owners headaches and think about local infrastructure as well as large national projects.”

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