Economic data in early 2024 is showing that the economy is likely to be recovering hesitantly, as expected, following the contractions in growth in the final part of 2023, according to the Fraser of Allander Institute at the University of Strathclyde. In the Deloitte-sponsored Economic Commentary, t
Fraser Of Allander Institute
The first quarter has seen a significant downturn in cashflow and profits for Scottish businesses, with sizeable contractions recorded across four of the five sectors, according to the latest Scottish Chambers of Commerce quarterly economic indicator.
Ahead of tomorrow's Spring Budget, the annual CBI-Fraser of Allander Scottish Productivity Index is published today with a call for businesses and the Scottish and UK governments to work together to unlock investment, build sustainable growth, and to help Scottish firms achieve success globally. The
The Scottish economy is poised for a turnaround in 2024 after experiencing limited growth in 2023, as reported by the Fraser of Allander Institute at the University of Strathclyde. In the quarterly Deloitte-sponsored Economic Commentary, which includes an assessment of all the latest key data on the
Scotland's economy is "stuck in a low growth cycle", according to the latest Scottish Chambers of Commerce Economic Indicator.
Scotland’s renewable energy industry and its supply chain supported more than 42,000 jobs and generated over £10.1 billion of output in 2021, new figures released today show.
The Scottish Government has been faced with a £1.5 billion shortfall in funding for next year due to increased spending pressures and new announcements, according to the Fraser of Allander Institute at the University of Strathclyde. This represents one of the most challenging fiscal backdrops
Nearly half of firms in Scotland have either postponed or abandoned their investment plans in the last year, the latest Addleshaw Goddard Scottish Business Monitor (SBM) reveals. This trend accompanies a general downturn in business activities, as more companies report a decline rather than an incre
Subdued growth prospects for the Scottish economy have been highlighted, with predicted growth rates of 0.2% in 2023, 0.7% in 2024, and 1.2% in 2025, according to the University of Strathclyde's Fraser of Allander Institute. Notably, the 2023 forecast is a downward revision from June's figures,
New research shows the Scottish economy will be £52 billion better off cumulatively over the 40-year working life of college graduates.
Recent labour market statistics from the Office for National Statistics (ONS) have revealed a mixed picture for Scotland's workforce. For the period between May to July 2023, the employment rate in Scotland increased by 0.5 percentage points to 75.1%, while the unemployment rate rose to 4.3%, up by
Most Scottish businesses believe the Scottish Government is out of touch with the business community, according to the latest Fraser of Allander Institute Scottish Business Monitor (SBM) report. Just 9% of firms agree that the Scottish Government understands the business environment in Scotland, com
The Scottish economy has shown surprising resilience in 2023, outperforming expectations by avoiding a predicted shallow recession, according to a quarterly economic commentary published by the University of Strathclyde's Fraser of Allander Institute. Supported by Deloitte, the report provides an in
A comprehensive report has been issued by International Scotland, a consortium led by law firm CMS and the Fraser of Allander Institute, urging the Scottish Government to take immediate action to stimulate economic growth. The report outlines several key business sectors including sustainable touris
Scottish business sentiment has reached its highest level since 2021, according to the latest Addleshaw Goddard Scottish Business Monitor report. Despite the majority of firms expecting weak growth, nearly all sectors reported an improvement in business volume in the most recent quarter. With energy