In Insider today:
‘Business confidence in Scotland and across the UK is on the the up, according to two new reports. As measured by the latest Bank of Scotland Business Barometer, positivity north of the Border rose 18 points during April to reach a balance of 30 per cent, the biggest rise of any UK region. The Business Barometer – which measures those with a positive versus negative outlook – found 41 per cent of companies in Scotland are more upbeat about their individual business prospects. On the question of the wider economic outlook, a balance of 18 per cent said they were confident. Together, this gives an overall confidence of 30 per cent, 18 points above the previous month’s figure of 12 per cent.’
It’s been a few weeks since the last of such surveys suggesting the Scottish economy is in better health than our media would have us believe. See these for a reminder of how much evidence there is:
Scottish businesses more likely to be stable than those in rest of UK: News from a parallel universe unknown to our mainstream media
Hard evidence of a robust economy further undermines media doubts based on unreliable and meaningless GDP statistics
Scottish economy is thriving on innovation as patent filing runs at 4 times the UK rate
And more evidence of a strong economy: starting salaries in Scotland increase at quickest rate for more than 3 years
17% increase in number of Scots planning to start a new business as Scottish economy strengthens
Scotland’s economy continues to show signs of good health and growth
Reports of a strong Scottish economy just keep coming. Now debt decrees down 93% in the last three months
More evidence Scottish economy is strong: Demand for office space in Glasgow highest for ten years
Clear signs of a robust economy? 15% increase in Edinburgh office take-up in 2017 and Glasgow set for a ‘stellar 12 months.’
Scottish businesses continue to show signs of health with insolvencies down 23% as the Scottish economy holds strong
The Auditor General strongly, with no qualifications, commends the Scottish Government on its ‘sound’ management of the economy. The lowest under-spend since devolution.
With only 8% of the population, Scotland’s maritime sector accounts for 25% of the UK maritime sector’s (GVA) contribution to the economy and is 17.5% more productive than the UK marine oil and gas sector. Once more, too wee, too poor?
12% increase in the formation of social enterprises in Scotland over only 2 years leads to a £2 billion economic contribution to Scottish economy.
England runs massive trade deficit. Only Scotland has a viable sustainable economy, exporting more than she imports thus requiring no national debt