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Thread: Scotland

  1. #1

    Default Scotland

    Scotland's economic situation became progressively worse due to overseas competition, inefficient industry, and industrial disputes. Only in recent decades has the country enjoyed something of a cultural and economic renaissance. Economic factors contributing to this recovery include a resurgent financial services industry, electronics manufacturing, (see Silicon Glen), and the North Sea oil and gas industry.] The introduction in 1989 by Margaret Thatcher's government of the Community Charge (widely known as the Poll Tax) one year before the rest of the United Kingdom, contributed to a growing movement for a return to direct Scottish control over domestic affairs


  2. #2

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    Scotland's public spending deficit stood at just under £15bn in the past financial year amid plummeting oil revenues, according to official servey.

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