{"id":20110,"date":"2026-02-09T07:42:06","date_gmt":"2026-02-09T07:42:06","guid":{"rendered":"https:\/\/microvibenews.com\/?p=20110"},"modified":"2026-02-09T07:42:06","modified_gmt":"2026-02-09T07:42:06","slug":"outlook-improves-for-scots-and-uk-economies-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=20110","title":{"rendered":"Outlook improves for Scots and UK economies \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/10\/Mairi-Spowage-2.png\" alt=\"Mairi Spowage\" class=\"wp-image-184709 lazyload\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"850\" height=\"572\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/10\/Mairi-Spowage-2.png\" alt=\"Mairi Spowage\" class=\"wp-image-184709 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/10\/Mairi-Spowage-2.png 850w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/10\/Mairi-Spowage-2-300x202.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/10\/Mairi-Spowage-2-768x517.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/10\/Mairi-Spowage-2-600x404.png 600w\" sizes=\"(max-width: 850px) 100vw, 850px\"\/><figcaption class=\"wp-element-caption\"><em>Mairi Spowage: thousands of jobs lost (pic: Terry Murden \/ DB Media Services)<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">The outlook for both the Scottish and UK economies has improved and looks to remain positive through 2027, according to the Fraser of Allander Institute at the University of Strathclyde.<\/p>\n<p class=\"has-medium-font-size\">In its\u00a0latest quarterly Economic Commentary<em>,\u00a0<\/em>the Institute forecasts that the Scottish economy will have ended 2025 with 1.3% growth and will continue to grow by 1.1% in 2026.<\/p>\n<p class=\"has-medium-font-size\">This improvement over last quarter\u2019s forecast mirrors similarly upbeat predictions from the Scottish Fiscal Commission (SFC) and the Office for Budget Responsibility (OBR).<\/p>\n<p class=\"has-medium-font-size\">At the same time, the number of payrolled employees in Scotland has fallen steadily since mid-2024, with job losses concentrated in hospitality, education, and retail sectors. In recent months, the number of people on unemployment-related benefits has also ticked up.<\/p>\n<p class=\"has-medium-font-size\">Professor Mairi Spowage, director of the Institute, said: \u201cEven though we\u2019re seeing growth in the economy, we\u2019ve lost thousands of jobs in hospitality, education, and retail over the course of 2025, and we\u2019re seeing a mismatch between available jobs and the people we have to fill them.<\/p>\n<p class=\"has-medium-font-size\">\u201cWe know that a lot of people who are not in work are dealing with health conditions, but the jobs that businesses struggle to fill are often physically demanding or in-person, meaning that they may not be suitable for this group of people.\u201d<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Outlook #improves #Scots #economies #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mairi Spowage: thousands of jo&hellip; <\/p>\n","protected":false},"author":1,"featured_media":20111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[266,265,4740,3876,3618,3878,317,616,12293],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/20110"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20110"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/20110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/20111"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}