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The National (Scotland)
The National (Scotland)
National
Nan Spowart

Tory economics led to decade of stagnation in UK economy, LSE report finds

United Kingdom Economy Economics Paul McLennan Scotland SNP Westminster
SNP MSP Paul McLennan said the report confirmed the UK would continue in the same 'downwards direction'

A DAMNING report on the UK economy warns Scotland will continue to suffer no matter who wins the Tory tussle to be the next prime minister.

The research reveals that Tory economics have resulted in more than a decade of stagnation for the UK due to a “toxic” combination of slow growth and income inequality higher than in any other large European country. There is also gloomy news for Scotland’s fishing industry in the report produced by the London School of Economics Centre for Economic Performance and the Resolution Foundation.

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