"The UK Government has put in place unprecedented measures to support people, right across the country, through the pandemic. VideoDavid Blaine takes flight holding helium balloons. See today's front and back pages, download the newspaper, For the second month in a row, Scotland … We will use your email address only for sending you newsletters.

Scotland’s economy is showing signs of the beginning of a slow recovery from the damage caused by Covid-19, new statistics today show. VideoAfrica's top shots: Bishops' hats and bikers' helmetsGulf Livestock 1: Japan finds second survivor from capsized shipTrump denies mocking US soldiers captured and killed in battleJessica Krug: George Washington University professor says she lied about being blackBritney Spears appears to endorse the #FreeBritney movementMulan: Why Disney's latest reboot is facing boycott callsFerguson and Kenosha: How two presidents responded to civil unrestSydney blue whale: Rare sighting was 'possibly third in 100 years'

Scotland economy warning: Recovery could be ‘derailed’ by further local COVID lockdowns SCOTLAND's economy could be hampered by local lockdowns despite showing signs … The latest economic data, revealed by the Scottish Government today, demonstrate two consecutive quarters of negative economic growth.Dr Liz Cameron, chief executive of the Scottish Chambers of Commerce, said the economic fall sends significant alarm bells ringing.She said: "The collapse in Scotland's GDP in the second quarter sets alarm bells ringing even if the fall was expected. "The report continues: "The unprecedented nature of this drop in output can be contrasted to the financial crisis and recession in 2008 and 2009, where GDP decreased by around four percent over the course of 18 months. Easing out of lockdown will only be successful if we do so gradually and cautiously.

Great-grandmother takes on the president in Belarus. "The 19.7 percent decline from April to June makes Scotland's and the UK's economies among the worst performing in Europe. We’re using the powers of the Scottish Parliament to make our economy stronger still. Please see our The country’s GDP is almost a fifth lower than it was prior to lockdown, according to official figures.

"Dr Cameron urged UK Chancellor Rishi Sunak to act on the statistics, adding he should "make an immediate reduction in employers' national insurance contributions".She said: "Without rapid intervention in the form of fiscal stimulus packages as well as cost-cutting efforts such as rates holidays, we fear that Scotland's economic landscape may never recover to previous levels. The economic history of Scotland charts economic development in the history of Scotland from earliest times, through seven centuries as an independent state and following Union with England, three centuries as a country of the United Kingdom.Before 1700 Scotland was a poor rural area, with few natural resources or advantages, remotely located on the periphery of the European world.

newspaper archive.Performance declined by 2.5 percent in the first three months of the year and 19.7 percent in the second quarter.Provisional figures indicate some improvement in June, but GDP "remains 17.6 percent below the level in February, prior to the lockdown measures which were introduced in March".Estimates suggest GDP increased by 5.7 percent in June compared with the previous month.There has been a "stronger and more widespread pick-up" in economic activity than in May, with output now said to be increasing "in all the main industry sectors".Sturgeon's independence bid is ‘tired' and 'diverting’ Scotland Sturgeon's top mandarin apologises for 'failure' in botched probeScottish Finance Secretary Kate Forbes said the figures show the devastating effect on Scotland Tourism is one of Scotland's biggest economic contributors The Scottish Government have called for the furlough scheme to be extended Scotland independence poll sparks panic in Westminster Westminster declines Holyrood request for post-Brexit Bill grilling

Scotland’s research and development spend in the higher education sector, as a percentage of GDP, is the 5th highest in the developed world. "We are supporting almost 900,000 jobs in Scotland through the pioneering furlough and self-employed schemes and have loaned more than £2.3billion to 65,000 Scottish businesses. Scotland's private sector economy is "approaching stabilisation" after the coronavirus lockdown, according to a survey.

The BBC is not responsible for the content of external sites.The latest Royal Bank of Scotland purchasing managers index (PMI) found the coronavirus-related downturn "eased noticeably" in July.However, there are fears that local lockdowns could delay recovery.Business confidence strengthened to a five-month high despite firms reporting a reduction in new business in July, The report's Business Activity Index - a measure of combined manufacturing and service sector output - registered 49.3 in July, up from 37.1 in June.It also found the softest fall in private sector output since March.The optimism is linked to hopes of an economic recovery once lockdown measures are lifted, the report suggested.However, the PMI report showed a reduction in Scottish private sector employment for the sixth month in a row.Malcolm Buchanan, chairman of the Scotland board at Royal Bank of Scotland, said the latest data showed some encouraging signs.But he warned that while July's figures "are a significant step in the right direction, we are still yet to see growth".He added: "A possible 'second wave' of the pandemic and reintroduction of lockdown measures in regions such as Aberdeen has the potential to derail any further moves towards a recovery."



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