Food & Drinks Sector Expects 20% Growth
This also comes as a new survey, published by business advisory firm BDO LLP, shows that food and drink firms in Scotland expect to grow by up to 20 per cent next year.
Commenting, SNP MSP Mark McDonald said:
“It is encouraging to see small and medium sized enterprises based in Scotland recognised for their inspirational growth and that food and drink sector, which is already worth £11 billion, is optimistic about future growth.
“I am also delighted that sixteen of the inspirational companies are based in Aberdeen and that on average these companies grew their turnover by an astonishing 209 per cent over the year.
“The SNP is committed to supporting small businesses in Scotland –spending on enterprise and economic development is more than double the UK average and almost 100,000 companies are supported through the Small Business Bonus Scheme.
“The SNP has a strong track record in government of supporting businesses and growing the economy – if re-elected we will work tirelessly to build on this record to deliver a fairer and more prosperous Scotland.”
The BDO LLP survey is reported here: www.bbc.co.uk/news/uk-scotland-scotland-business-35625944
The LSE report is reported here: www.scotsman.com/business/markets-economy/scots-firms-leading-the-way-in-study-of-inspirational-smes-1-4035419
Scottish Parliament Information Centre analysis shows that in 2013-14 spending in Scotland on supporting businesses and the economy was £196.90 per head compared to £82.30 in the UK as a whole. Almost 80% of this spending in Scotland came from the Scottish Government and its agencies.