Scottish Borders Economy
The Scottish Borders economy has had to deal with a number of issues in the last few years:
- The decline of the textile industry
- The collapse of the electronics sector
- Foot and Mouth Disease crisis and impact on tourism
- Reform of the Common Agricultural Policy
- Changing demands on the fishing industry.
However, there has also been a number of promising new developments:
- A re-focused textile industry and niche marketing in the cashmere industry
- Successful promotion of the area as Scotland’s leading short break destination (external website)
- New Ways partners working with European funds to regenerate the Scottish Borders.
For more information on the Scottish Borders economy, please click on one of the following links (please note the links to tourism will take you to an external website):
- agriculture
- fishing
- tourism
- gross value added (replacement for GDP as measurement of the economy)
- labour market information
- Scottish Borders profile
The Economic Development Service produces a bi-monthly Economic Update bulletin.
Unified Solutions.