I UNDERSTAND that Scotland's GDP has fallen below the UK average and below 13 other similar countries. Sad.
With oil revenues being lower, perhaps consideration could be given to why the revenues are lower.
Cheaper oil should not necessarily lead to lower revenues. The costs at the pump is only marginally lower and airline pricing, especially long haul, should be more attractive, thus stimulating demands.
What I believe is now required is a Scottish representation in the stock market.
In Glasgow or Edinburgh, a stock market with registrations within Scotland would lead to profits staying here. Profits from oil, tourism, banking, whisky and so on.
There would be less focus on complaining about the NHS budget and more opportunity to raise the necessary finances through creative accounting by Scottish companies. Perhaps this prosperity model could lead to appeals for independence?
If proven to work – why not?
Greg Hart,
Old Edinburgh Road, Inverness.
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