Scotlands castles and estates face funding challenge

| Total Words: 622

After centuries of being an agriculturally based economy, the more rural parts of Scotland are having to come to terms with huge changes in the global economy. Many estates and castles that dominate them, traditionally were supported by a mixture of agriculture, forestry, sporting rights and a huge annual grant from the European Union. All these sources of income have come under attack and in some cases have disappeared. Agriculture is extremely volatile and does not produce the income it did, forestry is depressed, grants are being phased out and there is a glut of shooting and fishing available. This has all hit the rural economy over the last decade or so.

Combine this with a huge increase in equipment costs and maintaining old buildings, along with a certain amount of wear & tear that our harsh climate produces and you have a challenging situation facing the owners of Scotlands old ancestral homes. Unless they have other income streams independent of the estate, they are facing a grim future. Many owners do indeed now work in other industries and channel those resources into maintaining their properties. Most do a combination of traditional farming and sporting...

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