Again, from my regular source, but one apparently invisible to BBC Scotland, Insider:
‘Record investment for Scottish offices of £342m: The firm [Savills] said the Q1 figure was 96 per cent above the historic first quarter average for the sector and was pushing prices higher.’
The demand for office space, unlike GDP or GERs, is an objective measure of health in an economy. Business people do not compete for office space at higher premiums unless they confidently expect to make enough money to pay for it. As before, here’s a reminder of other such reliable indicators:
Scottish business confidence higher than in any other region of UK
Scottish businesses more likely to be stable than those in rest of UK: News from a parallel universe unknown to our mainstream media
Hard evidence of a robust economy further undermines media doubts based on unreliable and meaningless GDP statistics
Scottish economy is thriving on innovation as patent filing runs at 4 times the UK rate
And more evidence of a strong economy: starting salaries in Scotland increase at quickest rate for more than 3 years
17% increase in number of Scots planning to start a new business as Scottish economy strengthens
Scotland’s economy continues to show signs of good health and growth
Reports of a strong Scottish economy just keep coming. Now debt decrees down 93% in the last three months
More evidence Scottish economy is strong: Demand for office space in Glasgow highest for ten years
Clear signs of a robust economy? 15% increase in Edinburgh office take-up in 2017 and Glasgow set for a ‘stellar 12 months.’
Scottish businesses continue to show signs of health with insolvencies down 23% as the Scottish economy holds strong
The Auditor General strongly, with no qualifications, commends the Scottish Government on its ‘sound’ management of the economy. The lowest under-spend since devolution.
With only 8% of the population, Scotland’s maritime sector accounts for 25% of the UK maritime sector’s (GVA) contribution to the economy and is 17.5% more productive than the UK marine oil and gas sector. Once more, too wee, too poor?
12% increase in the formation of social enterprises in Scotland over only 2 years leads to a £2 billion economic contribution to Scottish economy.
England runs massive trade deficit. Only Scotland has a viable sustainable economy, exporting more than she imports thus requiring no national debt
Footnote: 47 is mere estimate…..like GDP and GERS.