dgp4indy

Economics/Finance

Scotland's New National Investment Bank

"Scotland will soon have a new bank: The Scottish Investment Bank but it is not the kind of savings bank the we as customers would use on a daily basis. Agreed to by all political parties in the Scottish Parliament on 21st of January 2020, the new bank is about providing investment to stimulate the economy. It also has a strong environmental focus."
https://theorkneynews.scot

Scotland Outperforms rUK On Jobs

From Insider today: "Permanent job placements in Scotland have risen for the first time in five months in a positive sign for the labour market. The figures in the latest RBS Report on Jobs for November also show Scotland is performing better than the rest of the UK. According to the report, the report’s Permanent Placements Index – which aims to track trends in the number of permanent jobs – rose from 46.3 in October to 50.8 in November."
https://talkingupscotlandtwo.com

5 Reasons Why Scotland Would Thrive As An Independent Nation (Updated)

"

Scotland is home to a unique combination of assets with which to build a prosperous and wealthy nation. Medium-sized European nations such as Norway, Denmark, and Sweden are among the most prosperous countries in the world, well ahead of the UK. Scotland shares many similar economic features with these countries, highlighting the immense growth potential of Scotland. There are 5 vital contributors to growth and development in a country. These include natural resources, a skilled population, access to trading markets, well-functioning products and sectors to trade with, and a supportive financial services system. Scotland possesses all of these in abundance, suggesting the country’s capability to boost its economic growth."
https://www.businessforscotland.com

Fiscal Rules Are Not Worth The Paper They Are Written On

"a fixation with fiscal rules is simply absurd in an era when we know that a) there is a macroeconomy, which fiscal rules deny by adopting a household analogy b) money is created by governments and so they cannot be constrained by a shortage of it and c) the impact of fiscal rules has always been to constrain the role of government, impose austerity and to create unemployment as a wholly unnecessary and profoundly socially costly buffer against inflation in the interests of the wealthy."
https://www.taxresearch.org.uk

Number Of Scottish Businesses At Record High

"Further evidence of the success of Scottish Government and YES majority Scottish Parliament in finding ways to enable a Scottish economic climate which is fostering the development new businesses (to record HIGHS for both VAT registered and unregistered businesses). This resilience being achieved DESPITE Johnson and the Westminster Tories’ (of varied colours) best efforts to dislocate the Scottish economy with their Brexit/little England madness. news.gov.scot carrying the hugely encouraging results of the business survey from National Statistics of Scotland. Link and snippets below..."
https://talkingupscotlandtwo.com