Posts Tagged Scottish economy

Retail Sales Index (RSI) For Scotland 2011 Quarter 1

May 6, 2011 at 9:00 am · Filed under Business ·Tagged , , ,

This report was published in May 2011.

“Retail Sales in Scotland, in constant basic prices, fell by 0.3 per cent in the first quarter of 2011 and grew by 2.4 per cent over the year to the end of 2011 Q1, according to provisional estimates released today by Scotland’s Chief Statistician.

The main findings of the latest figures are:

· The volume of Retail Sales at basic prices in Scotland fell by 0.3 per cent in the first quarter of 2011 and grew by 2.4 per cent annually (seasonally adjusted).

· The value of Retail Sales at current prices in Scotland grew by 0.3 per cent in the first quarter of 2011 and grew by 3.7 per cent annually (seasonally adjusted).”

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Assessing the contribution of retailing in Scotland: Final Report

April 7, 2011 at 9:00 am · Filed under Business ·Tagged , ,

This report was published in March 2011.

“This research report aims to establish the contribution of retailing to Scotland and its economy. This includes examining the contribution of retail to economic growth, other policy objectives and food & drink policy.”

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The Scottish Economic Recovery Plan: Update February 2011

March 3, 2011 at 9:00 am · Filed under Business, Social Sciences ·Tagged ,

This report was published in February 2011.

“The Government Economic Strategy, launched in 2007, established a bold vision for the future of Scotland, where the focus of Government and public services was centred on increasing sustainable economic growth. This update to the Economic Recovery Plan meets our commitment to maintain a flexible programme of economic support, designed to meet Scotland’s needs at each stage of the economic cycle.

Scotland’s economy has now emerged from a recession that was shorter and shallower than many other European countries – testament in part to the impact of the actions implemented through the Economic Recovery Plan. As we enter a new period of public expenditure pressures, the programme outlined in this updated Plan will strengthen the underlying resilience of the Scottish economy and secure its long-term growth by investing in innovation and industries of the future (Chapter 3); supporting jobs and our communities (Chapter 4); and strengthening education and skills (Chapter 5).”

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Scottish Local Government Financial Statistics 2009-10

March 3, 2011 at 8:55 am · Filed under Business, Social Sciences ·Tagged , ,

This report was published in February 2011.

“Scottish Local Government Finance Statistics is an annual publication that provides a comprehensive review of Scottish Local Authority financial activity. The publication covers Local Authority income, revenue and capital expenditure, outstanding debt, local taxation and Local Authority pensions.”

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An Economic Assessment of Proposals from Brian Pack Inquiry into the Future of Support for Agriculture in Scotland: Final Report

March 1, 2011 at 9:00 am · Filed under Business, Social Sciences ·Tagged , , ,

This report was published in February 2011.

“This paper presents results from economic analysis of the potential impacts on different farm types in Scotland of proposals from the Brian Pack Inquiry into the future of support for agriculture in Scotland. It shows how the Inquiry’s proposals may lead to changes in average support payments and Farm Business Income (FBI) for the different farm types, and assesses the implications for agricultural production and the wider Scottish economy.”

Image taken from http://www.scotland.gov.uk/Topics/farmingrural

 

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Gross Domestic Product for Scotland 2010 Quarter 2

October 27, 2010 at 9:01 am · Filed under Business ·Tagged , ,

This report was published in October 2010.

“Scottish Gross Domestic Product (GDP) in constant basic prices, also referred to as Gross Value Added (GVA), grew by 1.3 per cent during the second quarter of 2010 and fell by 1.7 per cent over the year, according to provisional estimates released today by Scotland’s Chief Statistician.

The main findings of the latest figures are:

· GDP grew by 1.3 per cent during the second quarter of 2010 (seasonally adjusted) and fell by 1.7 per cent over the year to the of 2010 Q2.

· In the year to end-June 2010, the Scottish services sector fell by 1.2 per cent, the production sector fell by 3.9 per cent, and the construction sector fell by 3.2 per cent.

· In the second quarter of 2010, the services sector grew by 0.3 per cent, the production sector grew by 2.5 per cent and the construction sector grew by 10.4 per cent.”

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Skills for Scotland: Accelerating the Recovery and Increasing Sustainable Economic Growth

October 15, 2010 at 9:00 am · Filed under Education, General, Social Sciences ·Tagged , ,

This report was published in October 2010.

“The Scottish Government has made clear that increasing sustainable economic growth with opportunities for all of Scotland to flourish is our Purpose. Scotland’s greatest asset in realising this Purpose is its people. Skills alone do not hold the key to fully maximising economic performance. It is accepted, however, that a skilled and educated workforce is essential to improving productivity and sustainable economic growth. Developing a highly skilled workforce that matches the needs of successful and growing businesses and ensuring that these skills are applied effectively is a priority.

In 2007 Skills for Scotland – A Lifelong Skills Strategy was published and set out the ambitions for the development and better use of skills across three strategic themes: focus on individual development; response to the needs of the economy and demands of employers; and the creation of cohesive structures. These ambitions and the objectives which underpin them hold true today – a smarter Scotland with more and better employment opportunities remains at the heart of everything we want to achieve.

This refreshed strategy represents a statement of how policies on skills and training will be developed within the new and highly challenging economic environment that Scotland faces. It supplements rather than replaces Skills for Scotland – recognising progress and the achievements made since 2007 but placing a renewed focus and flexibility around the skills required to accelerate economic recovery and to sustain a growing, successful country with opportunities for all of Scotland to flourish.”

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Gross Domestic Product for Scotland 2010 Quarter 1

July 26, 2010 at 9:00 am · Filed under Business, General ·Tagged ,

This data was published in July 2010.

“Gross Domestic Product (GDP) in constant basic prices, also referred to as Gross Value Added (GVA), in Scotland fell by 3.5 per cent over the year to the end of 2010 Q1 and remained at the same level between the fourth quarter of 2009 and the first quarter of 2010, according to provisional estimates released today by Scotland’s Chief Statistician.”

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The Economic Impact of Wildlife Tourism in Scotland

June 25, 2010 at 9:00 am · Filed under Business ·Tagged ,

These research findings were published in June 2010.

“Research findings providing a current assessment of the economic impact of wildlife tourism in Scotland and an insight into the key trends affecting Scotland’s wildlife tourism industry.

  • The net economic impact of wildlife tourism in Scotland is £65 million, with around 2,760 full time equivalent ( FTE) jobs in existence because of the activities of wildlife tourism in Scotland.
  • 1.12 million trips are made each year to or within Scotland for the primary purpose of viewing wildlife. 56% of these trips are made by domestic ( UK) tourists. £276 million is spent on these trips, with 75% spent by domestic tourists.
  • With 0.63 million domestic tourism trips, 5.2% of all domestic tourism trips to Scotland are primarily motivated by wildlife. 6.3% of domestic tourism nights and 7.4% of domestic tourism expenditure in Scotland is primarily motivated by wildlife.
  • The economic impact of wildlife tourism is concentrated in the Highlands and Islands, where wildlife tourism has a net economic impact of £32 million and 1,386 FTE jobs. The Highlands and Islands accounts for 50% of wildlife trips, 45% of wildlife tourism nights and £124 million of expenditure by wildlife visitors.
  • The West Coast and Islands, Loch Lomond & Trossachs is the second most important region for wildlife visitors, with a net economic impact of £13 million and 550 FTE jobs. This region attracts 23% of trips and nights, and £65 million of wildlife visitor expenditure.
  • Wildlife tourism can also be considered in terms of what type of wildlife (terrestrial, coastal or marine) attracts visitors. The terrestrial segment has a net economic impact of £27 million, accounting for 41% of the total net economic impact of wildlife tourism, and 1,136 additional FTE jobs.
  • Coastal wildlife tourism has a net economic impact of £24 million, accounting for 36% of the total net economic impact of wildlife tourism, and 995 additional FTE jobs.
  • Marine wildlife tourism has a net economic impact of £15 million, accounting for 23% of total net economic impact of wildlife tourism, and 633 additional FTE jobs.”

The full report is also available.

Image taken from Homecoming Scotland 2009

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Scotland Emerging from the Recession?

April 28, 2010 at 9:00 am · Filed under Social Sciences ·Tagged , ,

This report was published on 21st April 2010.

GDP for Scotland for the fourth quarter of 2009 shows that the economy grew by 0.2%. But Scotland’s growth trails behind the rest of the UK which showed a 0.4% growth for the same period.

What is GDP?

“GDP represents the value of goods and services produced in the country from all sections of the economy; agriculture, manufacturing, energy, construction, the service sector and government.”

See the BBC website for more information on GDP.

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