Lack of growth in UK’s latest GDP figures ‘deeply alarming’, says Swinney

The video discusses concerns about the UK economy, highlighting the lack of growth and the impact of increased National Insurance contributions on jobs. It contrasts the UK Budget with the Scottish Government's focus on growth through investment in enterprise agencies and housing. The speaker criticizes the Labour Government's budget decisions, particularly the rise in employer National Insurance contributions, and expresses concern about their implications for Scotland's economy.

What is one of the main concerns about the UK Budget's decision regarding employer National Insurance contributions?

• It will increase economic growth.

• It will reduce inflation.

• It is considered a tax on jobs.

• It will decrease government revenue.

How is the Scottish Government planning to encourage economic growth?

• By increasing tariffs on imports.

• By cutting public spending.

• By investing in enterprise agencies and housing.

• By reducing taxes on businesses.

What is the role of the Scottish National Investment Bank in the Scottish Government's strategy?

• To manage public sector pensions.

• To provide loans to small businesses.

• To attract investment and support growth.

• To regulate financial markets.

What is a potential consequence of the Labour Government's budgetary decisions for Scotland?

• Significant economic impact.

• Higher consumer spending.

• Increased foreign investment.

• Lower unemployment rates.

Why is there concern about the Labour Government's economic outlook?

• Due to a rise in interest rates.

• Because of increased funding for education.

• Because of mistakes in the budget regarding National Insurance.

• Due to a decrease in public sector jobs.