3 Lessons from Scotland's November Economic Data

RBS Chief Economist Seb Burnside gives his 3 Lessons from Scotland's November Economic Data

Transcript

00:00Welcome to the summary of our regional growth tracker for the Scotsman.

00:09November's data is the first to follow the recent UK budget and shows that Scottish businesses

00:16displayed stronger resilience than their counterparts in the rest of the UK's nations and regions,

00:24showing a smaller hit to activity and confidence than elsewhere.

00:31But we have seen private sector businesses in Scotland also report less hiring activity

00:38and the first signs of job growth turning negative as we head towards the end of this

00:46year.