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02 July 2019

Focus on south of Scotland economy welcomed by FSB

Reference number: SPUR0107

A new Scottish Government commissioned report recommends action to improve the south of Scotland’s transport links and activity to modernise the area’s town centres. At the same time additional details regarding the Borderlands growth deal have been released.

The report was produced by economic consultants The Good Economy ahead of the establishment of the new south of Scotland enterprise agency. The study recommends support to help local smaller businesses grow and presses for a plan to help the area build and retain a talented workforce.   

In addition yesterday (Monday 1 July) the UK Government and Scottish Government announced that £350 million had been committed to the Borderlands growth deal.

Andrew McRae, the Federation of Small Businesses’ (FSB) Scotland policy chair, said: “This week sees a double whammy of important news for the south’s business community.

“Smaller businesses in the south of Scotland will recognise the issues that the Scottish Government’s considered report identifies, including poor transport links and problems accessing talent. The study also astutely identifies that the best way to grow this area’s economy is to focus on giving local operators the right help.”

On the Borderlands funding deal Andrew said: “It is cheering to see governments from north and south of the border collaborating on this important project.

“The real test of this spending is to ensure that local firms are involved at every stage – that means proper consultation with businesses and it means local operators winning their fair share of contracts. Too often we’ve seen similar deals not working as they should with firms vital to an area’s success.”

 

ENDS