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Scottish v UK notional deficit

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Further improvement in Scotland's public finances

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Scotland's public spending deficit has fallen by a further £1.2bn over the past year, according to Scottish government statistics.

The Government Expenditure and Revenue Scotland estimated the country spent £12.6bn more on public services than it raised in taxes.

This is lower than the £13,8bn deficit estimated for the previous year, and is equivalent to 7% of the country's GDP.

The UK as a whole has a deficit of £23.5bn - or 1.1% of its GDP

Scottish economic data to come

BBC Scotland business editor tweets....