Alex Salmond and David Cameron both have risks and problems to face over the ballot, writes Allan Massie
GARY GILLESPIE, Scotland’s chief economist, may have stuck like a limpet to his neutral brief and chosen his words with care. But just in case the journalists didn’t get the message, a government minder was on hand as we left, dishing out a press release from finance secretary John Swinney: “UK Inaction Threatens Growth” it boldly proclaimed.
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MORE positive data on the economy is expected this week, daring us to ask if we are about to see a spring bounce.
Figures due out this week are expected to add to positive signs that economy is growing again
HERE is a simple but troubling question. It is one I put last week in a talk to the Chartered Institute of Bankers in Scotland, which has a direct bearing on prospects for the banks and has wider and more pressing relevance. It is a question now worrying a great many.1 Comment
As the March budget fast approaches the Chancellor is having to face up to problems he thought he had avoided. Here’s a wee list in case you need reminding:1 Comment
SCOTLAND’S economy in 2012 comes in four parts – the Good, the Bad, the Ugly and the Downright Ugly. Let’s start with the Good. Remember as the orchestra of the Titanic strikes up to greet 2012 that we begin with 2.4 million Scots still in work – an economic activity rate of 77.8 per cent that’s up on the level a year ago.
IN A DEEPLY troubled and volatile outlook, investors wrestle with a timeless dilemma: how to increase income from equity investments while maintaining diversification by geography and sector.
AMID the unending, relentless eurozone debt crisis, two likely developments have not come to pass: the euro has not collapsed and Western stock markets have not imploded2 Comments
ATHENS, 13 NOVEMBER 2015; IT SEEMS astonishing, given everything the continent has been through, that I am able to report a positive and upbeat end to the annual Europa/International Monetary Fund summit here in Athens. Even the British Prime Minister seemed in euphoric mood.1 Comment
Scottish Government statistics hide the reality of our troubled economy
BACK in the dark days of the 1991-92 recession, I was a back-row member of a small but select grouping that called itself the Rooster Club. It comprised businessmen, entrepreneurs, one or two medium sized cheeses from the CBI and figures from the City.
WHAT is the greater worry now in the investment trust world – the discount to which trusts stand on their underlying assets, or the premium?
SO MUCH for the Prime Minister’s “blue skies ahead” assurance to the Conservative Party faithful last Wednesday. By Friday morning the front pages blazed with the dire warnings of Bank of England governor Sir Mervyn King. “This,” he declared, “is the most serious financial crisis we’ve seen since the 1930s, if not ever.”
Cameron’s swift about-turn on credit card debt reveals some sobering truths about the state of the economy
Turning Leith Docks into a major renewable energy hub instead of building 18,000 homes could force the city council to allow homes to be built on the green belt, the city’s planning leader said today.
Politicians should prepare for a furious backlash from those sick of being ignored and exploited
IN RECENT years, control of corporation tax has been a key plank of SNP economic policy. Lower rates of corporation tax tend to be associated with higher growth performance, though they are not by themselves guarantors of growth. The campaign for a Scottish-determined tax regime takes a step forward this week with the publication of a paper on lower business tax.
LET'S not beat about the bush or wait till next January for the Scottish Government's "aye late" statistics to tell us what we already know: the economy north of the Border may already be in recession - and with no exit in view.
Economist Ottmar Issing has fired an excoriating attack on the course European history is taking