STUC comment on GDP Statistics

July 22nd 2009

Commenting on the Scottish GDP statistics for Q1 2009 published this morning, Stephen Boyd, Scottish Trades Union Congress (STUC) Assistant Secretary said:

“These figures provide further evidence that the impact of recession on the Scottish economy is no less severe than for the UK as a whole. With net lending to the corporate sector unchanged on a year ago, the STUC believes that a sustainable demand-led recovery in 2009 remains a very remote prospect.

“The sharp fall in output in key manufacturing sectors such as chemicals, textiles and food and drink is especially alarming.

“Government at all levels must now redouble its efforts to support workers and companies through this recession. The implementation of a short-term training and wage subsidy programme, similar to that operational in Wales since January this year, would be a good place to start”.

ENDS

For further information contact

Stephen Boyd 0141 337 8100

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