North La­narshire econ­omy boost

Hamilton Advertiser - - ALL ABOUT LANARKSHIRE -

North La­nark­shire’s econ­omy is one of the strong­est and fastest grow­ing in Scot­land, ac­cord­ing to the Of­fice for Na­tional Sta­tis­tics.

Gross Value Added (GVA), which is the mea­sure of the value of goods and ser­vices pro­duced, in­creased by 2.2 per cent be­tween 2015 and 2016, ris­ing from £6.38bil­lion to £6.52bil­lion.

Be­tween 1998 and 2016 North La­nark­shire saw the high­est level of to­tal GVA growth (121.4 per cent) of all 32 coun­cil ar­eas in Scot­land.

Cllr Al­lan Gra­ham, con­vener of North La­nark­shire Coun­cil’s En­ter­prise and Hous­ing, said: “we are working hard to sup­port busi­nesses in our area as well as at­tract­ing new ones here through a va­ri­ety of loans and grants. It’s clear from the lat­est sta­tis­tics that this in­vest­ment is pay­ing div­i­dends.”

Sta­tis­tics show the fol­low­ing growth in in­dus­try sec­tors: Recre­ation, other ser­vices and house­hold ac­tiv­i­ties (7.8 per cent); dis­tri­bu­tion, trans­port, ac­com­mo­da­tion and food (6.8 per cent), real es­tate (4.8 per cent); in­for­ma­tion and com­mu­ni­ca­tion (2.5 per cent).

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