HC Deb 11 March 1987 vol 112 cc244-5W
32. Mr. Douglas

asked the Secretary of State for Scotland if he will make a statement on the impact of the diminution of oil-related activity on Scottish employment and output.

Mr. Lang

The decline in oil-related activity resulting from the fall in the price of oil is estimated to have resulted in the loss of 20,000 jobs in Scotland in 1986, broadly equivalent to 1 per cent. of total Scottish employment. The downturn in oil-related activity is likely to continue to have an adverse effect on the Scottish economy in the short term and this is a source of concern. However, Scottish industry should be well placed to capitalise on the opportunities provided by the anticipated recovery in the United Kingdom and world economies in 1987.

Forward to