Strongest Growth In Scottish GDP Since 2014

Scotland’s economy has continued to strengthen in the first half of 2018 with annual GDP growth the strongest since 2014 and above the UK as a whole. Independent growth forecasts suggest growth could strengthen further over the next couple of years, however, the Scottish Government warned that uncertainty relating to the form and timing of agreement for leaving the EU remains a key concern for many sectors of the economy.

Scottish Hospitality Retail Growth Up 11%

‘Scottish Licensed Trade Association review finds 49% of those surveyed enjoyed growth over the summer period – up 11% on the same period last year. A review by the Scottish Licensed Trade Association (SLTA) surveyed 600 retailers within the hospitality sector across Scotland, with 49% of respondents recording growth in their business over summer.The figure for the same period last year was 38%.’