What’s worn under a Scotsman’s kilt?
Scotland “The most beautiful country in the world” says the American writer, Garrison Keillor.
“Of all the small nations of this earth, perhaps only the ancient Greeks surpass the Scots in their contribution to mankind” says Winston S Churchill
Glasgow – busy, bustling, bighearted – best curry anywhere! Beautiful leafy suburbs.
Edinburgh – Athens of the north (despite the trams), a tourist’s dream, a thriving financial centre.
The re-emerging of Dundee – with the V&A Museum of Design. Dundee will be an international centre of design for Scotland. Dundee University is the Scottish University of the year. Terrific place to invest.
Aberdeen – always out of kilter with the rest of the UK but despite the oil slump has a sound fishing, farming and tourism industries.
Over the last two decades, the population of Scotland has grown by over 300,000 and we still have space to grow. The quality of life to be had constantly attracts incomers.
Has the current political uncertainty created by our politicians affected some investment?
Absolutely. To help combat this we need the newly elected administrations to have vision showing true leadership by engaging with the private sector.
Following the recent local elections in Scotland, this is an excellent time for the new coalitions to show real leadership, ambition and vision. With 29 out of the 32 Local Authorities having no overall control being with any one party, there will have to be a coalition of interests and agreements between the parties.
Although it is anticipated that on most occasions this will be SNP and Labour, the conservatives are well on the way up.
One of the major international accountancy practices has undertaken an analysis of the “City Deals” in and around metropolitan Manchester and Glasgow. The funding packages for both areas are similar, with Glasgow attracting a total of £1.13billion pounds of Government funding. Unfortunately, it is reported that whilst Manchester has been able to cascade almost £1billion pounds into their local economy, Glasgow has, to date, only been able to generate £10m in their economy.
It is to be hoped that the new administrations in and around Glasgow will review their proposals, involve the private sector and generate sustainable growth that will be transformational for the region.
So, what is worn under a Scotsman’s kilt?
Nothing it all works fine, but we need leadership ambition and vision to ensure it stays that way.
Written by John Dalby, BLG Development Finance’s Executive Consultant for Scotland