Scottish economic growth to slow, says institute – Daily Business
By: | Published: 2025-07-05 09:31:00 | Source: dailybusinessgroup.co.uk
Scotland’s economic growth has been downgraded by a key research group to reflect heightened UK and global uncertainty, including the impact of April’s tax and tariff hikes.
The University of Strathclyde’s Fraser of Allander Institute is now forecasting the Scottish economy will grow by 0.8% this year and expand by 1% in 2026.
As recently as April it predicted growth of 0.9% in 2025 and expansion of 1.1% next year in Scotland.
The research institute said: “Our latest forecasts reflect greater uncertainty and difficult economic circumstances.”
It noted other forecasters had increased gross domestic product growth projections for Scotland and the UK next…
