World Economy

Scottish Economy Improving

Scottish Economy ImprovingScottish Economy Improving

Royal Bank of Scotland says Scotland’s economy continues to improve, apart from the oil and gas downturn-hit north-east, energyvoice reported. In its latest quarterly Business Monitor, the Edinburgh-based banking giant predicts a positive start to the new year for many firms north of the border after a “decent close” to 2016. Transport and communications performance was particularly strong during the three months to November, with 24% of companies in these sectors reporting an increase in total business volumes, the report says. Political uncertainty is not impacting on capital investment across the country, with spending now at its highest in two years, though exports continue to struggle, it adds.


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