Category: Economy
Scottish exports: where they really go
‘In short, (these) statistics confirm that putting up barriers with our largest international trading partner (EU) is only likely to weaken Scotland’s growth prospects’
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An end to austerity? UK and Scottish Budgets
‘In short, ‘ending austerity’ is possible with significant but not unrealistic spending increases. What makes a promise to end austerity politically difficult is that it cannot be achieved without tax rises if the government is to keep to its fiscal rules and commitments.’
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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 the Shred’ continued to ignore the warning signals, nevertheless.
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How Scotland’s premier banks crashed the economy: ten years on
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.
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