Economic growth forecast to slow amid fears over US tariffs on whisky
Economic growth is forecast to slow amid concerns over US tariffs on whisky after Scotland outperformed the UK last year. Ernst & Young LLP warned growth prospects for 2025 “are weaker than previously anticipated”, with expected Gross Value Added (GVA) growth of 0.9% – down from 1.3% last quarter. It said while GDP data suggests a favourable outlook with growth in Scotland outperforming the UK last year, “it masks the […]