22 August 2018

  |  CBI Scotland

Press release

CBI Scotland responds to the latest Government Expenditure and Revenue Scotland (GERS) figures

CBI Scotland responds to the latest Government Expenditure and Revenue Scotland stats. 

CBI Scotland responds to the latest Government Expenditure and Revenue Scotland (GERS) figures

Tracy Black, CBI Scotland Director, said:

“The Scottish GERS figures show that public finances are continuing to move in the right direction. An uptick in oil revenues has had a positive effect, due to higher oil prices, however Scotland still has room to improve its fiscal deficit compared with the UK as a whole.

“Only by supporting the private sector to grow the Scottish economy can we deliver the sustainable public services we all want for Scotland. Against a backdrop of Brexit uncertainty, we need a relentless focus on the fundamentals – boosting productivity and safeguarding Scotland’s competitiveness.”