Scotland could capitalize on the Brent brand by recruiting energy trading firms to relocate to Aberdeen, Scotland’s energy capital, with the intention of creating a European energy trading hub. With the right blend of tax incentives mixed with just the right amount of regulatory oversight, Scotland may be able to pull energy traders away from places like London and Switzerland. If the Scots played their cards right, they might even be able to attract ancillary financial services, creating a new financial center.
Posted on: Sat, 13 Sep 2014 21:44:00 +0000
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