In-migration and Output

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What if... ? It's one of those questions which both fascinate and irritate historians.

But economists at PwC aren't so easily annoyed. They've asked the question: what if Scotland had the same level of immigration and population growth over the past 50 years that the rest of the UK has seen?

The answer includes quite a lot of social and cultural change. But the economists are more interested in what they can see happening to growth.

Because immigrants are typically youngish, resourceful and hard-working, they have a habit of boosting the economic growth rate.

That is why the Scottish government is keen to get more of them, to stop the growth rate stalling.

Out of puff

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Brexit: trading insults

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We may be close to the end of the beginning of Brexit. Or maybe the torture will continue, before the second act of the drama can begin.

It remains difficult to predict, except to say: next comes the tricky bit. Sounds familiar?

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Roll-on Roll-off Over-spend Fall-out

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There's something far from seaworthy about the next ship deliveries for Cal-Mac.

They'll float, as far as I know. One of them, the Glen Sannox, is already doing so, at the quayside in Port Glasgow, while it is fitted out.

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Offshore wind offshored

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Hopes pinned on blade production in Dundee and Renfrew: no more. Gamesa, Vestas, Areva and Doosan no more.

No sunshine on Leith for Pelamis wave power. Longannet was a sure thing for a billion pounds-worth of carbon capture funding, but that money went up in smoke - a prize pot pauchled by the Treasury.

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Testing time for Scotland's currency

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With one bound, the economic case for independence is free. Or is it?

Instead of arguing for joint control of the pound sterling, as the SNP sought to do in 2014, the party of government is set to embrace the case for a separate Scottish currency.

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The Library of Mistakes

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To lose one parent may be regarded as a misfortune, observed Lady Bracknell in The Importance of Being Earnest. To lose both looks like carelessness.

It's with that lesson in life that some Edinburgh financiers and business academics have set about limiting the recent decade of frightful unpleasantness for Scottish banking to a mere misfortune. One wouldn't wish to look careless.

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Scotland At Home: Hunkered down

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A roof over your head probably and rightly ranks among your top priorities. Securing it in the right place, at an affordable price, and with enough space are high priorities for all of us.

And if you're a resident of Scotland, facing temperatures down to minus 10 degrees in the next day or so, it matters that your home has a sound roof, and the rest of it is reasonably well insulated.

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Brexit: out of the frying pan

Amid the noise and confusion of Brexit, between parties and parliaments, here's a small example of the complexity that comes with "taking back control".

It comes from Fergus Ewing, the Scottish government secretary responsible for agriculture.

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Brexit: The art of no deal

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Business just wants less uncertainty around Brexit. So do we all, but in the boardroom, uncertainty means investment is delayed.

Down the line, that has an impact on jobs, productivity and growth.

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HES: From royal approval to collapse

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'Body parts'. The words bring the lure of a gruesome tale of Burke and Hare: a bit Poirot, and a bit Luther. But that was the imagery with which Scottish business ended 2018.

There's a lot more to clinical waste than body parts: the trucks are loaded with discarded dressings, disposable bits of surgical instruments, with 'sharps' (needles, to most of us), and the occasional bit of radioactive isotope.

Read full article HES: From royal approval to collapse