We heard today, across the Scottish media, that Barclays plan to create (up to) 2 500 jobs in Glasgow. This will (may) double Barclay’s Scottish force and is, for the First minister, ‘transformational for Glasgow.’
Most commentators have mentioned lower labour costs, the skill pool and, of course, the £13 million sweetener from Scottish Enterprise/Scottish government. Douglas mentioned these but was more interested in making sure we didn’t get carried away with good news. He reminded us that it is ‘up to’ 2 500 jobs with at least some of these being transfers from London and that we should ‘treat this with caution.’ He also warned us that ‘jobs are vulnerable to being replaced by technological advances.’ So, don’t get your hopes up. We’ll still be too wee, too poor and to stupid.
However, few of the sources today mentioned the Brexit factor and it’s closely linked, Scottish Independence…
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