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Slowdown in Scottish growth as credit crisis careers north

The Scottish economy grew by just 0.3% in the first quarter of 2008, providing the first evidence that the shock waves of the global credit crunch are to rippling through to the rest of the economy.

The Scottish economy grew by just 0.3% in the first quarter of 2008, providing the first evidence that the shock waves of the global credit crunch are to rippling through to the rest of the economy.