THERE is something of an international theme to this issue, or more specifically, a European one. As we worry endlessly about the impact of China and India on our economy it is often forgotten that our main trading partners are just across the North Sea. As Ian McConnell points out, Scotland has benefited enormously from immigration in the past and is likely to do so again with the wave of new workers from eastern Europe. Many of those doing menial jobs today will be our millionaires of tomorrow.
Iceland, which is building a global reputation in financial services to supplement its traditional industries provides a shining example of how a small country can make its mark in the global economy. However we also highlight one of our own, Scottish Equity Partners, which has grown from humble beginnings to raise Europe’s largest technology fund.