dgp4indy

Economics/Finance

Scotland Leads The Way In Productivity

"In the Times today: 'Scotland has enjoyed the greatest rate of growth in productivity among the UK nation’s and regions, according to economists. Researchers suggested that Scotland’s annual average labour productivity had risen by 1.69 per cent between 1998 and 2018. That was ahead of second-placed London, on 1.46 per cent, and was comfortably above the UK average of 1.27 per cent'."
https://talkingupscotlandtwo.com

Scotland Out Performs All Of Europe On Inward Investment

"In Insider today:

Foreign direct investment in Scotland’s financial services sector increased last year as it shrank for the UK and Europe overall. Scotland was the UK’s second most attractive location for financial services FDI in 2019 for the seventh year in a row, increasing its share from 6.3% in 2018 to 8.1%. The latest EY UK Attractiveness Report for Financial Services 2020 reports that while London secured more financial services FDI projects, the eight launched in Scotland last year, created 2,911 jobs – more than three times that of London and more than half the UK total."
https://talkingupscotlandtwo.com

165% Increase In Demand For Large Industrial Space In Scotland

"Take-up of large industrial and logistics space hit a record high in the first half of 2020 despite the pandemic, according to real estate firm Savills. The firm’s latest Big Shed Briefing reports leases of properties of more than 100,000 sq ft totalled 704,531 sq ft across four transactions. That was a 165% increase on the long-term first half average and 95% increase on the first half of 2019."
https://talkingupscotlandtwo.com

Mythbuster: The National Debt

"There is no such thing as a ‘national debt’. There are notes and coins, National Savings and Investments accounts and the bonds that pension funds, life assurance companies, banks and overseas governments like to save in. And there is also the £635 billion the government includes in what it calls the national debt but which it actually owes itself. Where’s the debt in all this?"
https://www.taxresearch.org.uk