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  • 5 months ago
RBS Chief Economist Seb Burnside's Growth Tracker for The Scotsman - September 2025
Transcript
00:00Welcome to the summary of the Royal Bank of Scotland's growth tracker for the Scotsman.
00:06Scottish businesses told us that in August they had seen slightly more growth than the previous month
00:12and that that had come through an improvement in the pace of new business coming into their order books.
00:21They are continuing however to reduce hiring activity, suggesting a softer labour market in future
00:31and in particular they pointed to higher costs of doing business, translating into higher prices for their customers.
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