Economic Situation: Scotland

Scotland Office written question – answered on 1st July 2020.

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Photo of Ruth Jones Ruth Jones Labour, Newport West

To ask the Secretary of State for Scotland, what recent assessment the Government has made of the economy of Scotland.

Photo of Alister Jack Alister Jack The Secretary of State for Scotland

Recent GDP figures show that, in line with many other economies around the world, coronavirus is having a severe impact on the UK and Scottish economy.

The latest official figures show that Scotland’s GDP is provisionally estimated to have fallen by 18.9% in real terms during April, after a fall of 5.0% in March. These results are very similar to the pattern seen across the UK as a whole, and reflect the direct economic impacts of the Covid-19 pandemic in Scotland. Between March 2020 and April 2020, UK GDP has fallen by 20.4%, after a fall of 5.8% in March.

We have taken unprecedented actions to protect jobs and incomes, and support businesses, in order to prevent the severe but temporary economic disruption from leaving permanent scars on the economy.

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