Scotland’s economy not forecast to recover to pre-pandemic levels until 2024

Scotland’s economy not forecast to recover to pre-pandemic levels until 2024

ECONOMIC activity in Scotland is expected to drop by 5 per cent in the first quarter of this year and will not return to pre-pandemic levels until 2024, the Scottish Government’s official forecaster has said. The independent Scottish Fiscal Commission (SFC) warned the coronavirus crisis will have “long-lasting effects on the Scottish economy”.

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