Economic data
‘Jackdaw means we pay our mortgages’: relief in Aberdeen over gasfield approval
Few believe decision will bring back city’s boom years, but workers hope it will keep as many North Sea jobs for nowUK approves Jackdaw gasfield in North SeaWhat does the UK’s approval of the Jackdaw gasfield mean?As recently as 2012, Aberdeen boasted the highest concentration of millionaires in the UK. An ATM reportedly had the highest withdrawal rate in Europe in the 90s, as oil and gas wealth flowed through the city. House prices skyrocketed in the scramble for space as fossil fuel firms transformed the city’s grand granite houses into company offices. But that was then.Today, “for sale” an
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