SCOTLAND must act to address low prod-uctivity, a poor business birth rate and its lack of success with scale-ups, according to a group of business leaders.
The group of more than two dozen – including Andrew Wilson, who chaired the Sustainable Growth Commission and Scottish Chambers of Commerce chief executive Liz Cameron – were responding in an open letter to Sir Tom Hunter’s Raising Scotland’s Economic Growth Rate report.
That said Scotland’s GDP was being hit by the failures, and it was not realistic “to think that the current economic policies of either the UK or Scottish governments will produce a transformation of Scotland’s economic performance”.