Kate Forbes hails 'resilient economy' as growth in Scotland matches UK

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Kate Forbes hails 'resilient economy' as growth in Scotland matches UK
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The Deputy First Minister Forbes was speaking after initial figures revealed GDP for the period April to June was up by 0.6 per cent from the first three months of 2024.

Kate Forbes has hailed Scotland's “growing and resilient economy” after figures showed economic growth in Scotland was level with the UK in the second quarter of this year.

GDP - Gross Domestic Product - is a measure of the size and health of a country's economy over a period of time. The services sector – which accounts for the bulk of the economy – grew by 0.6 per cent. Output in the production sector was up 0.8 per cent. “We are investing more than £5 billion in 2024-25 to drive the economy and further initiatives will be detailed in the forthcoming Programme for Government and our Green Industrial Strategy.”

She went on: “A strong economy is fundamental to achieving the Scottish Government’s priorities of eradicating child poverty, growing the economy, tackling climate change and improving public services.”

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