‘It wasn’t only the US investment houses which were scenting opportunity. Indeed, it was a subsidiary of veteran (1908) Edinburgh-based asset management specialist Baillie Gifford, which became really excited.’ Pt 2 of David Black’s examination looks at Airbnb’s history and upcoming IPO…
‘Nor is it all bad, by any means. Just as there were ‘good banks’ and ‘bad banks’ after the 2008 economic crash, so there is a ‘good’ Airbnb and a ‘bad’ Airbnb.’ But the bad outweighs the good, says the author
‘The economic statistics published by the SG tend to pick out relevant data from UK-wide surveys and administrative data. This approach needs to change if Scotland is to generate a more reliable, relevant and holistic evidence base of its performance from which to base its future economic vision and objectives.’
‘Without fundamental change in the way we produce data in Scotland, we may find ourselves reheating old data to try to answer new policy questions’: the case for an independent Scottish Statistics Agency (Pt 1)
‘Decarbonisation should be promoted and adopted as a national mission (for Scotland),’ says the author, but this requires a change of institutional mind-set to deliver the full benefits of a net-zero carbon economy. (Part 2 of 2).
In the first of a new series on Scotland’s Economic Future: Disruptive Ideas, Robert Pollock argues for profound institutional change – drawing on (bitter) lessons from the wind industry. Part 2 follows (see below)
Morning. Mourning? Brexit done? ‘It’s more like getting breakfast done, it starts again the very next day.’ We take a Sceptical journey led by poets.
The resignation of finance secretary Derek Mackay overshadowed the fourth budget of this parliamentary term, which has led to a healthy increase in the resources available to the Scottish Government. How does it propose to spend this money?
Fraser of Allander identifies key points
Nicola Sturgeon wants to measure Scotland’s economic success by wellbeing/quality of life, not just GDP. But where’s the beef? The Scottish Budget in February will be the test of what lies behind the rhetoric.
‘It will simply not be sufficient for the UK Government to highlight risks with independence. The status quo itself has important policy challenges, whether that be the economic costs of leaving the EU Single Market or the economic effect of limits on immigration.’