Economic output fell as Scotland’s five-level restriction system was introduced in November (Jane Barlow/PA)
Sign up for our daily newsletter featuring the top stories from The Press and Journal.
Thank you for signing up to The Press and Journal newsletter.
Something went wrong - please try again later. Sign Up
Scotland’s economy contracted in November, latest estimates indicate, as new nationwide coronavirus restrictions were introduced.
Provisional Scottish Government data indicates Scotland’s Gross Domestic Product (GDP) is estimated to have dropped by 1.4% in November, the first fall after six months of growth following the easing of the first lockdown.
Scottish Secretary Alister Jack said:
Today’s figures show signs of resilience in Scotland during the Autumn months, however we continue to live in challenging times.
Throughout the pandemic, the UK Government has taken quick and decisive action to protect jobs and support businesses, providing more than £280 billion in support including the furlough scheme, business loans and self-employed income support.
For those looking for work our Plan for Jobs is delivering skills development and creating new jobs through Kickstart for young people, sector work programmes and recruitment of thousands of work coaches.
This direct support is on top of £8.6 billion additional funding given to the Scottish Government.