Since 1945

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After 1945, Scotland's economic situation became progressively worse due to overseas competition, inefficient industry, and industrial disputes. Only in recent decades has the country enjoyed something of a cultural and economic renaissance. Economic factors contributing to this recovery include a resurgent financial services industry, electronics manufacturing, (see Silicon Glen), and the North Sea oil and gas industry. The introduction in 1989 by Margaret Thatcher's government of the Community Charge (widely known as the Poll Tax) one year before the rest of the United Kingdom, contributed to a growing movement for a return to direct Scottish control over domestic affairs. Following a referendum on devolution proposals in 1997, the Scotland Act 1998 was passed by the United Kingdom Parliament to establish a devolved Scottish Parliament and Scottish Government with responsibility for most laws specific to Scotland.

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