Proper Planning Can Help Scotland's Economy Tackle Brexit

With the end of the financial year upon us, now is a good time to reflect on Scotland's economic performance over the last twelve months and perhaps more importantly, consider the challenges that lie ahead.

The latest Economic Commentary from the Fraser of Allander Institute reveals that while Scotland's economy is growing, the pace is slow and there is little to suggest it will increase at any significant rate over the next three years. A sharp drop in construction output, which has seen a decrease over seven successive quarters, is the biggest contributor to the economy's more recent lacklustre performance.  However, it is worth noting that construction is not indicative of all key sectors and the Fraser of Allander found that when construction activity was stripped out, growth has actually been much closer to trend.