John Ferry is a contributing editor for the think tank These Islands and a former financial journalist
The war of the Salmondites versus the Sturgeonites is just getting started. Who knows how nasty it will get or what the longer term ramifications will be? Already apparent though is how Salmond’s pantomime villain shimmy back into the political arena is forcing Nicola Sturgeon onto ground she would rather avoid during an election campaign.
Don’t worry if you missed the press release announcing which Scottish taxes are going up to pay for Nicola Sturgeon’s headline grabbing four per cent minimum pay rise offer for certain front-line healthcare workers, including nurses. You missed it because there wasn’t one. In characteristically hubristic form, the Scottish Government made the announcement just a
A newly independent Scottish state would have to implement eye watering spending cuts or tax increases to stay afloat, according to new analysis. If the new state were to balance the books using tax increases alone then Scotland’s three income tax bands, which are broadly equivalent to the basic rate in the rest of the
In a refreshing twist for Scotland’s party of government, the latest potential scandal facing the SNP administration does not involve allegations of sexual misconduct, but rather high finance. Earlier this week, finance company Greensill Capital filed for administration. Greensill specialised in supply-chain finance, which involves acting as an intermediary to raise money on the back
Rishi Sunak’s budget appeared to offer some good news to Scots, not that the SNP saw it that way. An additional £1.2 billion in Barnett funding was handed over to Scotland’s government. This is on top of £9.7 billion in extra spending delivered over the past year for pandemic support. But the SNP Scottish government took
As the world continues its fight against Covid-19, the Scottish National Party has been busy plotting Scotland’s exit from the UK. If the party gets its way and wins another referendum, Scots could soon find themselves living under a ‘sterlingisation’ currency system. The implications could be disastrous. It would be wrong to dismiss talk of another referendum
