30 Oct 2018
A new report by the Fraser of Allander Institute published today examines the economic impact of the Trades House of Glasgow, identifying both the contribution that Trades House makes to the Scottish economy as well as its support to the most deprived areas of Glasgow.
The study was commissioned by Ex-Deacon Convener of the Trades House, Keith Brown OBE as a result of a newly introduced Deacon Convener Scholarship and was undertaken by MSc student Chanyong Sim in collaboration with the Fraser of Allander Institute.
The main findings of the report are:
The report also highlights that Trades House charitable activities support Scottish Government Policy inclusive growth agenda and cross generational inequality.
Keith Brown OBE (Deacon Convener 2016/17) in responding to the report said;
“Our contribution to charities and education in Glasgow is well known but this shows that we are also making a significant contribution to the Glasgow economy. The study also verifies that our charitable giving and support to individuals both old and young is being particularly directed to the areas where there is the greatest need.
The Fraser of Allander Institute and Chanyong have done a first class job in highlighting the contribution that Trades House makes to Glasgow.”
Dr Grant Allan (Deputy Director of the Fraser of Allander Institute, and Director of Postgraduate Teaching at the Department of Economics, University of Strathclyde) noted:
“We are delighted to work with the Trades House through the new Deacon Convenor Scholarship showcasing both the economic contribution of a significant Glasgow institution and the highly valuable and applied work of students on our MSc Applied Economics and MSc Economics and Finance at the University of Strathclyde.”
The Trades House, which was established in 1605, is now a registered charity widely viewed as a centre of excellence in the administration of trusts and legacies. Considerable resources are devoted to helping vulnerable people in Glasgow and the West of Scotland.
For further information about Trades House and its fourteen Incorporated Crafts (the Scottish equivalent of craft guilds or livery companies), please contact email@example.com