INVESTORS in Scotland are more concerned about the potential impact of Brexit and low interest rates on their wealth than those in other parts of the UK, research has found.
In a survey of private savers and investors for Rathbone Investment Management, 50 per cent of respondents in Scotland cited Brexit as the biggest threat to their wealth.
The same percentage said the prospect of interest rates remaining low for a long period was a key concern.
Across the UK 30 per cent of respondents were most concerned about Brexit while 42 per cent focused on low interest rates.
Around a third of respondents in Scotland and the UK saw inflation as a major threat.
The fall in the pound since the Brexit vote has increased the cost of imports.
David Macaulay, director of Rathbones’ Edinburgh office noted: “Brexit has dominated the political and economic agenda for the last year, and with negotiations starting to heat up, that’s unlikely to change any time soon.”
He added: “So long as investors are vigilant and prepared to adapt and make sure their investment portfolio is diversified, they should be able to make positive investment choices which mitigate both the risks of Brexit and low interest rates.”
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