Scottish manufacturing, excluding oil and gas, grows by 8.7% as it falls dramatically elsewhere in UK

(c) Scottish Enterprise

From the Guardian today:

‘British manufacturing output slips to ninth globally behind France. Data shows sector starved of investment and losing ground as Brexit uncertainty persists. Britain’s manufacturing industry has fallen to ninth in the world behind France, reversing a recovery in its performance since the financial crash. The UK’s total manufacturing output stayed ahead of Brazil and Indonesia but slipped below France and remained well adrift of Germany in fourth position and Italy in seventh at the end of 2016.’

https://www.theguardian.com/business/2018/aug/20/british-manufacturing-output-slips-to-ninth-globally-behind-france

Meanwhile in Scotland:

‘Manufactured Exports make up around half of the total value of exports from Scotland to the rest of the world (excluding oil and gas). The Index of Manufactured Exports (IME) increased by 3.6% in volume terms during the first quarter of 2018. On a rolling annual basis, comparing the most recent four quarters to the previous four quarters, the volume of manufactured exports increased by 8.7%.’

https://news.gov.scot/news/gdp-growth-and-quarterly-national-accounts-scotland-2018-q1

Add in the oil and gas exports at 80% and 50%, respectively, of the UK total, and things look much healthier than you’d ever know from our media.

See this for more detail:

‘UK manufacturing in recession’ despite massive Scottish energy growth

 

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4 thoughts on “Scottish manufacturing, excluding oil and gas, grows by 8.7% as it falls dramatically elsewhere in UK

  1. Contrary August 20, 2018 / 8:53 pm

    Hasn’t Jeremy Corbyn come up to Scotland to tell us how to do manufacturing properly? Maybe manufacturing picked up just because it knew he was coming. That must be it.

    Apparently the radio howling at me this morning about how the SNP is responsible for killing children in Yemen was because Labour were telling porkies about secret talks, and the SNP government was supporting an arms manufacturer – apparently though, Scottish Enterprise funds the company to try and stop them manufacturing weapons. BBC leapt on the story, because they adore anything Scottish Labour say, and managed to twist it into inferring SNP double standards and actually associating then with atrocities – ones that are all perfectly legal and above board when Westminster are doing them. Why on earth do the BBC find it so hard just to do normal reporting?

    Please can we get independence for Scotland? Please please please? I am so tired of their petty idiotic games (their = main political parties, Westminster, all elites incl. bankers hedge fund managers etc, the BBC, all MSM).

    Liked by 1 person

  2. Ludo Thierry August 21, 2018 / 7:14 am

    Hi Contrary – Hear, Hear is all I can say to your comments above!

    Liked by 1 person

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