Private wealth down as Scottish employment slows?

Private wealth may have been affected for those working or investing in Scotland, as recent figures reveal a slowdown in the employment market.

The Bank of Scotland revealed today (August 16th) permanent position availability fell for the first time in ten months and part-time job opportunities also decreased to their second-weakest in almost a year.

This may indicate private wealth is suffering, as the market downturn impacts negatively upon disposable income and the possibilities for business expansion or investment.

However, a recent report from Halifax revealed Scotland was among the best regions in terms of property appreciation over the past ten years, suggesting certain assets in the country may still provide good returns.

Between 1999 and 2009, house prices rose by 145 per cent, compared with only 100 per cent for homes in the south-east - an area often considered to offer the best returns on real estate investment.  ADNFCR-2318-ID-800025950-ADNFCR