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GLOOMY JOB PROSPECTS FOR WALES AND SCOTLAND

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Wales and Scotland could lose out on a total of 100,000 new jobs over the next 10 years if direct investment in the...
Wales and Scotland could lose out on a total of 100,000 new jobs over the next 10 years if direct investment in the UK by south east Asian economies dries up, according to a new report.

The Financial Times (p6) reports that preliminary results of an investigation into inward investment by forecasting group Business Strategies show the prospects are not good.

Melanie Lansbury, senior economist, said: 'This projection is a worst-case scenario. But already we are seeing a number of big investments being postponed. Investment flows from the Far East economies have all but stopped. The question is: will they start up again?'
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