SHETLAND Islands Council (SIC) is currently sitting on nearly £50 million of debt in the shape of borrowing, according to new figures. It comes as part of a wider look at debt across all UK local authorities by the BBC’s Shared Data Unit. At £2,136 in debts per person the.
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SHETLAND Islands Council leader Steven Coutts has questioned some of the conclusions of a report that ranked the islands among the worst local authority areas in the country for investment and infrastructure.
The UK Prosperity Index for 2021, drawn up by the Legatum Institute, placed Shetland near the bottom of 379 local authority areas in terms of its attractiveness to investors (361st), the quality of its infrastructure (378th), living conditions (361st) and the openness of its economy (377th).
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However the islands came near the top of the league table for inclusiveness (12th), safety and security (3rd), personal freedom (8th) and natural environment (15th), while it also placed relatively highly as 72nd in terms of enterprise conditions.