New Research Shows Scots Are Falling Behind In The Thrifty Stakes

15/5/2009

New research has today (date) revealed that Scots have fallen behind the rest of the UK in the thrifty stakes.

Clydesdale Bank’s quarterly Housebuyers Report has shown that 38% of people in the UK are turning to alternative ways to make money, from selling unwanted goods online to taking in lodgers.

However, it seems that Scots are not as enterprising as the rest of the UK, with just 21% using different money making methods to supplement their incomes.

For the UK as a whole, online selling has become the nation’s favourite way of making extra money, whilst in Scotland car boot sales are still the top choice.

But Clydesdale Bank’s research has also found that Scots are starting to live up to their canny reputation, with a 26% increase in the number of people using alternative ways to make extra cash in the past year.

Those living in the Central Belt are proving to be the most innovative entrepreneurs, with a 33% increase in the number of people looking for new ways to boost their household incomes compared to last year.  In contrast, only 15% of those surveyed in the Highlands have tried any new money-making ventures in the past 12 months.

Regional breakdown of those trying alternative ways to raise extra money compared to a year ago :

• Central         33%
• Tayside        25%
• Dumfries     20%
• Highlands   15%