LONDON, Feb. 28 -- The government of the United Kingdom issued the following news:
Latest figures show Scotland's onshore GDP is estimated to have grown by 0.4% in December 2023. This follows no growth (0.0% change) in November (revised up from -0.1%) and a 0.8% fall in October (revised from -0.6%).
In the last quarter of 2023, (October to December), GDP is estimated to have contracted by 0.6%, following growth of 0.4% in Quarter 3 (July to September).
Secretary of State for Scotland Alister Jack said:
The UK Government has halved inflation and, in doing so, we've broken down the single biggest barrier to growth. We are sticking to our plan to achievelong-term sustainable recovery.
We are boosting business and encouraging trade and opp...