‘Scottish economy growth overtakes that of UK’


(c) The Manufacturor

From Anarcho-syndicalist, Cybernat (NOT), Insider, yesterday:

The rate of growth in the Scottish economy has overtaken that of the UK, according to official statistics. Figures published on Wednesday show that in the fourth quarter of last year, Scotland’s GDP rose by 0.3%. It is above the GDP growth for the UK over the same period, which was 0.2%. The value of Scotland’s GDP is estimated at £178.6 billion, or £32,800 per person, including oil and gas extraction in Scottish waters. Analysis suggests the most influential industry sector in Scotland last year was in manufacturing, with output increasing by 3.2% in total. On average, over the three years from 2015 to 2017, Scottish GDP has grown by 0.8% a year. The growth in 2018 (1.3%) is higher than the recent average growth rate, indicating an improvement in the economy.’


Recent TuS reports on the Scottish economy:

Unemployment in Tory UK is 15% higher than in Scotland

Unemployment in Scotland 13% lower than UK and wages higher AFTER SNP government gives businesses more than £4 billion in rates relief

Further evidence of better employment practices in Scotland

Unemployment in Scotland below UK level and employment better paid

Or see below the merciful other reality of employment in modern Scotland?

Scotland’s ‘trends of high employment and low unemployment’ persist but our media prefer to headline only a wee bit of bad news

As oil prices soar and exploration increases, employment in Scotland’s oil industry returns to record levels






One thought on “‘Scottish economy growth overtakes that of UK’

  1. Alasdair Macdonald May 3, 2019 / 8:50 pm

    Not a cheep about this on the Beeb, but they do tell us that under Trump the unemployment rate in the US is the lowest for 50 years.


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