With austerity measures taking a very firm hold now in England, it is interesting to note whether Scotland is feeling the same pinch. After all, where business is concerned, most decisions are made from Holyrood, which is the Scottish Parliament, and may therefore differ from the laws made in Westminster, that are becoming more and more pertinent to England only.
If you approach any company that has connections with Scotland, e.g. GDS International, you will soon realise that business in Scotland is certainly on a level par with the rest of the UK. Times are hard around much of the world at the moment and there is just less money being spent generally.
Moreover, people are genuinely concerned over the ways in which all living expenses are on such an exponential rise at the moment. Be this food items which seem to be increasing on a weekly basis; energy prices where the price for gas and electricity is rising year-on-year; or the fact that saving interest rates are so poor and wages are failing to rise in line with inflation.
The fact of the matter here is that Scotland could never prevent itself from feeling the effects of the gloomy worldwide economy. Although some legislative obligations may actually be less in Scotland, than in England, nevertheless, businesses are struggling at the moment and everyone is dying to see that light at the end of this dark tunnel.