Economy

Capital flight – how RBS was shredded: Part Two
[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…

Impact of Brexit “no deal” on Scotland
‘ It is difficult to escape the conclusion that the effects of a chaotic Brexit would be much worse for poorer Scots, who spend more of their income on goods that will attract higher tariffs…

Scotland’s first vertical farm grows hope for the future
Where will the money come from? Who invests in Scotland’s chance to be a world-leader in ‘vertical farming’. Key questions add to the urgency and excitement in the huge potential growing inside a small shed…

GERS – Responsibility, Responsibility, Responsibility
‘The UK Government needs to take more ownership for the perceived troubles of the Scottish deficit because it is clearly responsible for many of the revenue and spending decisions that have got us to where…

GERS and the Scottish Budget
‘It is important to remember that GERS takes the current constitutional settlement as given. If the very purpose of independence is to take different choices about the type of economy and society that we live…

Scottish business and Brexit
‘Two years on from the referendum outcome, simply kicking the can down the road – or sleep walking into a no-deal outcome – is simply no longer a credible economic strategy to adopt:’ FAI on…

London-Scotland progressive axis
‘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.’

Optimism returning to North Sea
‘With that in mind, if this optimism translates into actual activity and higher pay for workers, then the sector should help boost economic growth in Scotland as a whole during 2018.’

Help to build – with Scottish taxpayers’ cash
Confidential document from housing industry lobby group reveals underspent funds will be spent on the controversial Help-to-Buy scheme

Growth commission: an answer to the wrong question?
The SNP hopes its Sustainable Growth Commission report will restart the national debate on independence? Richard Murphy describes it as disastrous, the Fraser of Allander Institute sees much for all parties to discuss (with or…
Marx, worker power and the gig economy
‘Marx therefore helps us make sense of modern power relations after all. Then, as now, there is no contradiction between capitalism and crisis: it is a process of historical development and economic transition within the…
That £25bn bill for decommissioning offshore platforms?
It is time that decommissioning policy be hastily re-examined in the UK. The government needs to commission a full evidence-based report into the environmental, social and economic benefits, comparing them to other options such as…
