A decline in Scotland’s economic fortunes last year meant it dropped to ninth place in the UK’s prosperity rankings GETTY IMAGESScotland has slipped in the UK’s prosperity rankings and is below the northwest and east Midlands of England. Scotland was in seventh place in 2015 but a decline in its economic fortunes last year, linked to a poor business birth rate and sluggish house price growth, meant it dropped to ninth. Only Wales, Yorkshire and Humber and the northeast of England have worse economies, according to Barclays Wealth and Investments, which compiled the figures. According to the annual survey, London was again the most prosperous part of the UK, followed by the southeast of England. The third annual UK Prosperity Map produced by Barclays also rated eastern England, Northern Ireland, the…

Source: The Times September 04, 2017 22:52 UTC