Aberdeen – Oil

The oil slump has hit Aberdeen’s hotel economy.

Aberdeen is very vulnerable to price slumps, although it has the highest millionaire concentration in the UK.

3 star hotels can cost easily over £100 well in advance per night. Unemployment is at just 2%.

However many local people cannot stay due to the costs; Aberdeen has the most unequal wages in the whole of the UK.

Shops are unaffordable for local people. 41,000 people work for the oil industry on or off shore, while the supply is predicted to only last another 30 years.

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