After the biggest increase in export orders for four years, in the three months to December 2017, the Royal Bank of Scotland Business Monitor predicts an even stronger performance in at least the first six months of 2018. Reported in the Insider online magazine today, the service sector (including tourism) recorded a massive 17% rise in exports up from 6% in the third quarter and the manufacturing sector recorded an 11% rise, up from 4%.
Readers will know that Scotland is the only part of the UK with a trade surplus. Indeed, the trade deficit for the rest of the UK is huge, triggering the need for massive debt repayments. The above news suggests, once more, the the vitality and robust nature of Scotland’s economy. See these other recent indicators of economic health:
77% of Scotland’s small and medium-sized businesses report success as Scottish Government reports record numbers exempt from rates and in the wake of figures revealing much greater signs of distress among rUK businesses.
These are only two such reports. If you search the blog for ‘business’, you’ll get dozens more revealing the health of the Scottish economy. Remember, the GERS figures used by Unionist politicians and media are based almost entirely on unreliable estimates and allocate Scotland a share of the debt which we did not incur. See:
Brexit will, of course, damage this situation so Indyref2 in 2019 at the latest and this kind of good news shared all over social media?