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10 key economic facts that prove Scotland will be a wealthy independent nation

10 key economic facts that prove Scotland will be a wealthy independent nation

All the evidence demonstrates that Scotland is a wealthy nation. Scotland would be the 14th wealthiest nation in the developed world by GDP per head of population. Scotland’s wealth is also built on solid financial foundations, a diverse economy and substantial economic potential in new industries such as biotechnology and renewables, as well as current key […]

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Where does Scotland’s wealth go?

Where does Scotland’s wealth go?

Where does Scotland’s wealth go (if it doesn’t stay here)? It’s a simple question but not one often asked, probably as most economics bloggers like myself get bogged down in numbers and over-complicate the issue. Data from the UK Government’s Office for National Statistics demonstrates in simple terms the distribution of personal wealth in the […]

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The Scottish Economy

Call to invest for growth to combat austerity failure

Call to invest for growth to combat austerity failure

Scotland needs a new Invest for Growth strategy to replace current failed UK austerity measures and ensure the economic recovery, based on fragile foundations, is sustainable. According to independent business think tank N-56, austerity measures have lost the Scottish economy £24bn in GDP since 2007, and report authors are today urging the next UK Government to […]

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5 ways full fiscal autonomy can create jobs & grow Scotland’s economy

5 ways full fiscal autonomy can create jobs & grow Scotland’s economy

Polls show a significant majority of Scots support DevoMax, meaning all powers transferring from Westminster except shared monetary policy, defence and foreign affairs. So taxation and spending, or full fiscal autonomy (FFA), is an intrinsic and indistinguishable keystone of DevoMax. Without FFA in the mix you don’t have home rule, you have a constitutional fudge and […]

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Recent Articles

Call to invest for growth to combat austerity failure

Call to invest for growth to combat austerity failure

| 28/04/2015 | 0 Comments

Scotland needs a new Invest for Growth strategy to replace current failed UK austerity measures and ensure the economic recovery, based on fragile foundations, is sustainable. According to independent business think tank N-56, austerity measures have lost the Scottish economy £24bn in GDP since 2007, and report authors are today urging the next UK Government to […]

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150 Business People Declare Support for Full Fiscal Responsibility

150 Business People Declare Support for Full Fiscal Responsibility

Today in a letter published in The Sunday Herald 150 Business people from all sorts and sizes of companies from all over Scotland have publicly declared support for a staged implementation of full fiscal responsibility for Scotland.  An open letter to the people of Scotland from 150 business owners and job creators. Opinion polls consistently show significant majority […]

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Westminster’s austerity consensus is full financial irresponsibility

Westminster’s austerity consensus is full financial irresponsibility

The Westminster parties’ attacks on full fiscal responsibility (FFR) for Scotland and the IFS figures being presented unchallenged in the metropolitan media are so fundamentally flawed it is difficult to know where to start. Going back to fundamentals its worth remembering the whole point of a national economy is to create prosperity and security for […]

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SNP HS2 Manifesto pledge has Midlands in a panic

SNP HS2 Manifesto pledge has Midlands in a panic

SNP HS2 Manifesto pledge has Midlands in a panic (needlessly). The SNP manifesto commitment to HS2 starting in Scotland simultaneously to the creation of the Birmingham London Link has caused a fair bit of panic in the Midlands. Partly as they worry that no deal will be done and the project will be cancelled, and partly […]

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5 ways full fiscal autonomy can create jobs & grow Scotland’s economy

5 ways full fiscal autonomy can create jobs & grow Scotland’s economy

Polls show a significant majority of Scots support DevoMax, meaning all powers transferring from Westminster except shared monetary policy, defence and foreign affairs. So taxation and spending, or full fiscal autonomy (FFA), is an intrinsic and indistinguishable keystone of DevoMax. Without FFA in the mix you don’t have home rule, you have a constitutional fudge and […]

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Project fear relaunched to justify backtracking on vow

Project fear relaunched to justify backtracking on vow

Westminster never wanted to give Scotland any more powers – they fought tooth and nail to keep devo max off the ballot paper because they knew it would either win or split the No vote, allowing Yes to win out right.  They only promised more powers when their own polling suggested they were in danger […]

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Business and politics mix differently in Scotland

Business and politics mix differently in Scotland

The personality traits that worked in the boardrooms of the last century, where today’s business leaders built their careers, thrived on Tory values. Many of the  people rising to the top now were the 90s yuppies, flip-phone and Filofax carrying children of the Thatcher revolution. That’s not a criticism; full disclosure, I even had the […]

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The Green view on Scotland’s economic priorities

The Green view on Scotland’s economic priorities

| 01/04/2015 | 1 Comment

  The Green view on Scotland’s economic priorities is a guest post by Jason Rose of the Scottish Green Party. The economy is once again central to the election campaign, and Scottish Greens are highlighting the need to invest in innovation and education. Education is one of the most important public goods. Access should not be based on ability to pay. We […]

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Catalan pro-independence parties agree independence roadmap

Catalan pro-independence parties agree independence roadmap

Several leading Catalan pro-independence parties have signed a preliminary agreement on a roadmap deal for Catalan independence from Spain. The parties have agreed that if they win the majority of votes in regional elections scheduled to be held in September 27th 2015 they will declare independence for Catalonia within 18 months having begun drafting a Catalan constitution […]

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Westminster’s HS2 folly will cost Scottish jobs

Westminster’s HS2 folly will cost Scottish jobs

How do you feel about high speed rail?  Easy question to answer if like me, you have travelled across Europe on high speed trains you will probably say “Yeah they are great”. Now ask yourself, how do you feel about Scotland having to stump up at least £5,000 million for a transport project that not […]

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Osborne must include west coast oil survey in budget promise  

Osborne must include west coast oil survey in budget promise  

Pre-election budgets are always more political theatre than economics and Wednesday’s was more punch and judy than Theatre Royal.  The first half hour was essentially a free party political broadcast, a line by line rebuttal on Labour’s election message’s.  To be fair to the Chancellor, this budget was a political success but economically its a […]

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A budget with more spin than sunshine

A budget with more spin than sunshine

| 18/03/2015 | 3 Comments

There is a wonderful saying in business that says “no organisation ever cut itself to greatness” and as we have a Chancellor who has never worked for a business, never mind owned one, it comes as no surprise that he doesn’t grasp this concept and his continual focus on cutting as opposed to investment. Once […]

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The Goldfish Continuum – why talking down Scotland’s economy costs Labour votes

The Goldfish Continuum – why talking down Scotland’s economy costs Labour votes

Politics used to be so simple, you were either left or right and there was even a little party in the middle for those that couldn’t make up their mind. The Greens and the SNP were of little consequence in a General Election, especially as the lack of proportional representation kept smaller parties in their […]

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Westminster parties wrong-footed on GERS debate

Westminster parties wrong-footed on GERS debate

GERS, the Government Expenditure and Revenue Scotland report, was published today and on the surface it contains both good and not so good news for the Scottish economy. Reducing deficit The good news is that Scotland’s public finances have improved according to the latest GERS. The country’s deficit in 2013/14 was £12.4bn, this is an improvement […]

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