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Scottish Secretary responds to GDP for June 2024 and Q2, 2024

Ian Murray underlines government mission for growth, with Scotland playing a critical part in rebuilding UK economy

The latest Scottish GDP stats are published this morning here for the month of June and  for Q2 of 2024.

Scottish Secretary Ian Murray said:

Scotland is critical in the UK 바카라 사이트바카라 사이트™s mission for economic growth, as the Chancellor underlines today in Glasgow where she바카라 사이트™ll meet with key members of the business community to turbocharge Scotland바카라 사이트™s regeneration.

Rebuilding is at the root of everything we do but the £22billion black hole in spending left by the previous government - the worst economic inheritance of any incoming government since the Second World War - means that tough decisions are ahead to achieve stability.

We are making work pay, ensuring the national minimum wage is a true living wage. And with the end of exploitative zero-hours contracts, workers will have increased job security. Backed by £8.3bn of UK 바카라 사이트 investment, Scottish-based GB Energy will bring jobs and opportunity for all parts of the UK and trade talks have resumed globally to forge stronger links with our international business partners.

Background

  • Scotland바카라 사이트™s onshore GDP is estimated to have fallen by 0.3% in June. This follows growth of 0.2% in May.

  • In the three months to June (Quarter 2), GDP is estimated to have grown by 0.6% compared to the previous three month period (Quarter 1). This is a slight increase on the Quarter 1 growth rate of 0.5%.

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Published 28 August 2024
Last updated 18 September 2024 show all updates
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