Scottish economy contracts over ‘Brexit Uncertainty’
The Scottish government has reported a reduction in economic output in the second quarter of this year. The economy shrank by 0.3% between April and June, a loss compounded by the fact that the biggest falls occurred in sectors which had performed well in the previous quarter. According to reports, construction activity has sharply reduced in the second quarter and the service sector has not grown either. Not surprisingly, today’s depressing news has elicited sharply different explanations from the Scottish government and Westminster. The ...
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