“Caution might suggest this would be a risky strategy given that we have no idea how long these ‘abnormal’ conditions will persist. Some supporters of independence will no doubt believe that it is a risk worth taking.” Scotland cannot bet on perennially low cost of borrowing…
The Scottish Government emerged from the tortuous talks with the Treasury on the fiscal framework with a relatively generous settlement. But it is one that kicks the can down the road towards renewed acrimony in five years time, argues this leading economist.
The Chancellor’s humiliating u-turn over tax credits and his shadow’s gaffe over Mao grabbed the headlines but the autumn statement had plenty of stings in the tail for the Scottish Government, report two prominent Stirling Uni economists.
The publication of the SNP’s 2015 general election manifesto marked a huge change for the party. This manifesto – unlike its predecessors – sets its sights beyond the Scottish border. It seeks to promote “positive change for the benefit of ordinary people, not just in Scotland, but across the UK”. It makes the case for more “progressive politics”, and positions the SNP to the left of the Labour Party.