Coronavirus (COVID-19)—Scottish State of Economy report published

Article summary

The Scottish Government has published a State of the Economy report which states that Scotland's economy is recovering but remains fragile amid the coronavirus (COVID-19) pandemic. Scotland’s economy has recovered half the fall in GDP which followed the restrictions imposed in March 2020 due to coronavirus, but the report suggests that it may not return to pre-pandemic levels until the end of 2023. The report, among other things, 'highlights the risks that the Scottish economy is facing as a new phase of support is rolled out, and restrictions on business and households continue.'