‘There is a saying among global trade negotiators that the world is divided between cannibals and lunch. The UK may be finding painfully that leaving the protection of the cannibals has condemned it to become lunch. It was certainly Stephen (Haseler)’s view that the English superstate was just as incapable of responding to new challenges internationally as it was domestically.’
[Goodwin] told Alistair Darling that conditions were very bad and that RBS had been considering whether to stop lending to customers. Darling asked Goodwin what would resolve the situation and Goodwin said ‘long-term funding’. How ‘Fred the Shred’ continued to ignore the warning signals, nevertheless.
‘…the devolution settlement is in flux and it will remain to be seen whether Westminster will firmly establish itself in the driving seat or whether Scotland and the other devolved nations will gain true additional powers….’
To mark the tenth anniversary of the financial crisis, Sceptical Scot’s new series focuses on home-made follies; the extraordinary mistakes made by two once revered and typically prudent Scottish institutions: the Bank of Scotland and the Royal Bank of Scotland.
‘… were legislation introduced the day parliament returned from the party conference recess, on 9 October, the earliest Thursday on which a referendum could be held would be 28 March – the very day before exit day. Of course, the introduction of legislation so soon is very unlikely, and there is plenty of scope for delays along the way…’
The current domestic debate in the UK thus represents the beginning of the Brexit process, not the end, and it would benefit from a greater understanding of what drives the EU in this process.
‘This week’s court (Supreme Court) case may prove not to be the end — or even the beginning of the end — of the constitutional crisis. Perhaps we will find that it was merely the end of the beginning.’
‘From bursting onto the political stage and leading the Labour party to a glorious defeat in 2017, Jeremy Corbyn seems to have spent 2018 as the “Where’s Wally?” of Westminster. The general sense of absence and anonymity is almost palpable.’
‘Fudging both the timing of an independence referendum and the SNP’s position on a ‘people’s vote’ looks like getting more difficult as Brexit D-day draws nearer this autumn.’
‘Over half (51%) of Londoners and 48% of Scots are more engaged in politics than people in the regions and Wales (35-48%)…Scotland’s current high level marks a 26% jump from 2011.’