Despite 30 years of North Sea Oil Scotland has one of the lowest growth rates in Europe, and in some places lower life expectancy than parts of Africa. This is the same country which gave the world some of the greatest scientists, engineers, clinicians, entrepreneurs and financial managers. How does this happen.
At the [...]
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Fund management in Scotland has, almost unnoticed and in total contrast to the banking failure, boomed in the past year. The country’s three biggest managers have grown to look after nearly £450 billion of other people’s money, four times the size of the wealth annually produced by the entire Scottish economy.
The success has been led [...]
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