Scotland set to lag behind UK with growth below 1% until 2022

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A gloomy outlook for Scotland’s economy over the next five years has been unveiled by the new Scottish Fiscal Commission

Growth will lag behind the rest of the UK at less than 1 per cent between now and 2022, according to the body which was set up by the Scottish Government to provide economic forecasting.

Stran 2bIts first report was published yesterday to coincide with the Scottish budget.

“Scottish economic growth has been slower over the last decade than historic average rates, and the Commission’s view is that pattern of slower growth is likely to persist over the…

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