Economic growth forecast to slow amid fears over US tariffs on whisky

Economic growth forecast to slow over US whisky tariffs fears

ECONOMIC growth is forecast to slow amid concerns over US tariffs on whisky after Scotland outperformed the UK last year.

Economic growth forecast to slow amid fears over US tariffs on whisky

Prospects for Scotland “weaker than previously anticipated”, says Ernst & Young in downgrade

Major change to Scottish growth forecast revealed

The leading think tank has cut its growth forecasts for Scotland

Scotland County facing economic challenges

Scotland County is facing significant economic challenges, with poverty rates reaching 29% and unemployment at 5.7%. Once thriving with factories, the community now struggles with boarded-up homes and increasing reliance on government assistance. Local officials aim to attract advanced manufacturing to revive the economy, yet the future remains uncertain for many residents seeking imminent relief.

Economic growth forecast to slow amid fears over US tariffs on whisky - Banbury FM

Economic growth is forecast to slow amid concerns over US tariffs on whisky after Scotland outperformed the UK last year. Ernst & Young LLP warned growth prospects for 2025 “are weaker than previously anticipated”, with expected Gross Value Added (GVA) growth of 0.9% – down from 1.3% last quarter. It said while GDP data suggests a favourable outlook with growth in Scotland outperforming the UK last year, “it masks the quarterly profile of growth…

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