Investing private wealth in Scottish companies could offer good returns

Individuals with private wealth looking to expand their portfolios could consider investing in companies based in Scotland, as the country is currently economically outperforming England.

The Office for National Statistics revealed yesterday (October 12th) that Scotland has lower unemployment, higher employment and lower economy inactivity rates than England.

This suggests that firms in Scotland are performing better than those in Englad offering a greater return on investment for those with private wealth.

Alex Salmond, first minister of Scotland, said: "With the levers we currently control in Scotland, the government and our enterprise agencies are doing everything within our powers to secure new investment and employment - and recent jobs announcements by Aker, Avaloq, Dell, Gamesa, Amazon and Doosan Power Systems are testament to the quality workforce, skills and infrastructure we have in Scotland."

Amazon announced in September that it will be hiring at least 1,000 people to work in its new warehouse in Dunfermline, with 750 of these jobs being permanent.

Individuals with private wealth may therefore like to invest in Scotland as its economy is currently doing well and attracting plenty of new business.

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