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This has led to a loss of accommodation and has opened an opportunity for private businesses to buy up property for holiday lets and made an already difficult situation even worse.
As is evident in Figure 8, for most of the period between 2007 and 2017 Scotland has been the top performing country of the UK in terms of its employment rate.
They are starting to make decisions now about the new cars they will buy in the early 2020s. At the moment they are still not deciding to buy hybrids and electrics.
It is often the case that they only receive it after a decree has been granted and the die has been cast, as it were, and they are possibly not in a good state of mind to deal with it.
If we do nothing to intervene, growing the economy is likely to benefit only those people at the top—perhaps the top 10 per cent or the top 1 per cent.