Scottish Labour slams Scotland's low economic growth
Scottish First Minister and SNP leader Humza Yousaf making his keynote speech during the SNP annual conference at the Event Complex Aberdeen (TECA) in Aberdeen, October 17, 2023
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SCOTTISH Labour has accused the SNP of “economic failure” that has led to a £8.5 billion loss in growth.
The party’s analysis, published today as Scots brace themselves for cuts and tax hikes in the forthcoming Budget, compared Scotland’s economic growth with that of English regions and with Wales.
It says that if Scotland’s economy had grown at the same pace as the UK as a whole between 2012 and 2021 it would be £8.5bn larger.
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