Scottish growth forecasts cut

Scottish growth forecasts cut

Scottish growth forecasts have been cut by the leading think-tank

Experts downgrade forecast for Scottish economy amid ‘turbulent’ conditions

The Fraser of Allander Institute said the start of 2025 had seen 'growing unease'.

Uncertain start to 2025 for Scottish economy as employers brace for increased costs

Economic and business conditions in early 2025 showed limited improvement, as firms across Scotland brace for upcoming cost pressures. This is according to the latest Economic Commentary from the Fraser of Allander Institute at the University of Strathclyde, which covers the latest data on the UK and Scottish economies. The Institute’s economists have downgraded their growth forecast for 2025 and 2026 to reflect economic conditions in both the U…