Private-sector projects slump ahead of independence vote

摘要

Business uncertainty over the Scottish independence referendum has led to a downturn in privately funded work in Scotland, including an annual fall in retail schemes of almost 60 per cent, a leading industry analyst has claimed. According to Glenigan, the value of new projects in almost every construction sector not funded by the public purse has dropped in Scotland since the start of the year - bucking the national trend of continued growth. The revelation will fuel fears that a yes vote could plunge Scotland into 'economic limbo', as predicted by Richard Murphy last week (see AJ 05.09.14).