Growth wel­comed

Rutherglen Reformer - - News -

Ruther­glen MSP Clare Haughey has wel­comed fig­ures that showed Scot­land’s econ­omy grew in the first quar­ter of 2017.

The 0.8 per cent growth ex­ceeded the UK av­er­age. Pro­duc­tion grew by 3.1 per cent while the ser­vices in­dus­try grew by 0.3 per cent.

Ms Haughey said: “We are see­ing an im­prov­ing pic­ture across Scot­land – the econ­omy is grow­ing, the num­ber of peo­ple in em­ploy­ment is ris­ing and un­em­ploy­ment is at his­toric lows.

“South La­nark­shire has lots to be con­fi­dent about. The SNP Scot­tish Govern­ment’s £6 bil­lion in­fra­struc­ture plan, £500 mil­lion Scot­tish growth scheme and record investment in mod­ern ap­pren­tice­ships and ed­u­ca­tion will con­tinue to sup­port the econ­omy in and around Ruther­glen.

“How­ever Brexit, and be­ing re­moved from the world’s largest sin­gle mar­ket, poses the big­gest threat to this progress and Scot­land’s econ­omy.

“A blind cru­sade to­wards a hard Brexit cliff edge could cost our econ­omy around £11bn a year by 2030 and re­sult in 80,000 fewer jobs, and the fall in Ster­ling since the ref­er­en­dum is al­ready push­ing up prices and squeez­ing house­hold in­comes. This, ac­com­pa­nied by re­lent­less Tory aus­ter­ity, means we can­not be com­pla­cent.”

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