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Scottish Economy

Volume 978: debated on Friday 15 February 1980

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asked the Secretary of State for Scotland what is his estimate of the growth rate in the Scottish economy in the coming year.

The official forecasts published in December 1979 under the terms of the Industry Act 1975 suggested that the United Kingdom gross domestic product might fall by 2 per cent. in 1980: this reflected both difficult world conditions and the competitive position of the United Kingdom. In such circumstances a fall in Scottish output would also seem likely over this period.