Mairi Spowage Britain Scotland reports economy crisis Mairi Spowage Britain Scotland

Jobs crisis warning amid fears Scotland’s economy will take years to rebuild from Covid

challenging year in living memory” in 2020.He warned of a recession and jobs crisis caused by the pandemic “which will likely takes years to recover from”.Meanwhile Mairi Spowage, deputy director of the Fraser of Allander Institute economic think tank, said joblessness is likely to “rise significantly” when the UK Government’s furlough scheme is wound up at the end of April.The latest chambers of commerce report on the economy, covering the final three months of 2020, showed business confidence in many sectors was still gloomy.Allan said: “We were hoping 2021 would be a better year than 2020 but it seems it is always darkest before the dawn.“We fear that restrictions to prevent the spread of the new variant of the virus will continue to.

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