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Credit crunch drives Scots overseas
Ongoing economic problems are prompting many people in Scotland to consider moving abroad, according to a new study.
Research by Legal & General revealed that 19 per cent of Scots would be prepared to emigrate in order to escape the effects of the credit crunch, reports the Scotsman.
Just three per cent of respondents said they felt well off, as most have been faced with a number of financial pressures, including rising energy costs and increases in the cost of food and petrol.
Mark Wallace, campaign director for the Taxpayers Alliance, commented: "This is a shocking indication of how inhospitable this country has become for ordinary people trying to make a living."
Tim Warren, wealth communications director for Legal & General, added that the results of the survey are "startling".
This comes after a survey by NatWest revealed that most expatriates feel healthier, happier and financially better off as a result of living overseas.
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