Alex salmond

Alex Salmond’s economic policies would drive an independent Scotland into the ground

Within the white paper on economic policy in an independent Scotland that was published by Alex Salmond’s government this week there is a liberal economic manifesto trying to get out. The First Minister speaks about using new ‘levers and instruments’ to revive Scotland and that, freed from Westminster control, he might lure businesses by slashing corporation tax, reducing national insurance contributions and cutting air passenger duty. Unfortunately, none of these ideas is likely to get off the page because the SNP has a much more prominent agenda which could not have been better designed to promote economic stagnation. This one promises more generous welfare, a higher minimum wage, renationalisation of

Scottish independence: the Union is endangered by premature and misguided complacency

Somehow I managed to miss Iain Martin’s praise for the manner in which David Cameron has “handled” the referendum on Scottish independence. Happily, John Rentoul has prompted me to take a keek at Iain’s article which, somewhat uncharacteristically, concludes that the Prime Minister has “played a blinder”. This, as Mr Rentoul cautions, is premature praise. We are asked to believe that Cameron has pursued a policy of masterly inactivity. It is also suggested that securing a single-question referendum was a masterstroke rather than, well, the obvious outcome of a negotiating process between Edinburgh and London that was much less dramatic, and much less important, than everyone agreed at the time to

How to make money from the Scottish referendum

The best time to buy an asset is when no one else can stomach it. Great fortunes are made in uncertainty. The self-made rich aren’t the ones who hung around on the edge of an iffy situation thinking about the possible disasters. They’re the ones who calculated the odds and bought before anyone else was sure of the answers. So where is there uncertainty in the UK today? Most English people are utterly uninterested in the prospect of Scottish independence — or in Scotland generally. But if they were actually to look up north they’d see pretty serious turmoil. It is less than a year until every resident of Scotland

Why won’t the SNP embrace the shale gas revolution?

One of the odder elements of the current energy debate at present is that the political party that spends the most time talking about energy – that’s the SNP by the way – is strangely reluctant to chase the opportunities afforded by the imminent shale gas revolution. It’s a subject I consider in a column for The Scotsman today: Scotland’s oil resources are a vital national asset. Everyone, I think, knows this. If there were no remaining oil reserves waiting to be exploited in the North Sea, the economic case for independence would be severely weakened. Oil is a cushion and a comfort blanket. But the Nationalist’s determination to make

Making it Happen: the staggering story of the RBS downfall

For political junkies, autumn is bringing a fix of three big books. Damian McBride’s expose of Gordon Brown has come out, Matthew d’Ancona’s inside story of the Cameron government will be serialised tomorrow. But I’ve just finished the other biggie: Iain Martin lifting the lid on RBS. Finally, Britain has an answer to Andrew Ross Sorkin’s  Too Big To Fail – except it’s set in Edinburgh rather than Manhattan, and the story is if anything even more mind-boggling. You have as much greed, ego and testosterone as there were in Wall St. But you have, thrown into the mix, the no-less-maniacal ambitions of Gordon Brown whose greed for tax revenues

David Cameron ducks a debate with Alex Salmond. This makes sense but is still depressing.

A novice poker player quickly learns – or had better quickly learn – that strength often connotes weakness and weakness is a reliable indicator of strength. But as the stakes increase and the level of play becomes more sophisticated such elementary tells can be misleading. They are false friends in the land of the double and triple bluff. So a novice poker player might conclude that David Cameron’s refusal to debate against Alex Salmond is a sign of weakness. A slightly more experienced player would think this weakness too obvious to be true and conclude that Cameron is holding better cards than he is indicating. And it is true: with

A Cheap Parcel of Rogues

What price a Scotsman’s vote? About £500 apparently. Beneath a headline claiming ‘New poll gives Yes campaign hope’ The Scotsman reports that support for independence, as measured by ICM, rises to the giddy heights of 47 per cent if voters are told that they will be £500 a year better off in an independent Scotland. If this seems a disappointingly mercenary reason for voting Yes the same poll finds that many supporters of independence have their price. Only 18 per cent favour independence if, hypothetically, it were to leave you £500 a year worse off. The Incorruptible 18 per cent! Almost everyone else, it seems, has a price. Upon such things does the

Alex Salmond’s selective history lesson

The First Minister of Scotland is masterful at mixing anti-English rhetoric, rose-tinted recollections of Scottish history and no gloves politicking. When he does it right, it can be devastating. History is at the heart of his campaign for Scottish independence in the run up to the referendum, so I was surprised to see how quiet he is today over an important point in his nation’s heritage. How come the Scottish government are silent over today’s anniversary of the Battle of Flodden. Where is the usual fanfare? Could it be because the invasion of England cost James IV of Scotland his life in 1513, taking with him most of the Scottish

A Game of Numbers: Pollsters Go To War in Scotland

On Sunday an opinion poll was just a poll. Nothing to be too excited by. Unreliable too. The real poll – the one that counts – is still a year away. So put not your faith in numbers. Disappointment that way lies. On Monday the mood in the Scottish nationalist camp changed. Opinion polls now offered a persuasive and necessary reminder that Scotland’s on the march. A march that ends in freedom and liberty and whisky next September as an ancient country reasserts her prerogatives  and takes here rightful place in the family of nations once again. Polls are pure dead brilliant, don’t you know? From which you will gather

The Closing of the Nationalist Mind

A paper with the title Scottish Independence: Issues and Questions; Regulation, Supervision, Lender of Last Resort and Crisis Management is not one liable to set pulses racing on the streets of Auchtermuchty. Or anywhere else, for that matter. Nevertheless it is a matter of some importance. The paper, published by the David Hume Institute, was written by Professor Brian Quinn and reported upon by Bill Jamieson in today’s Scotsman. According to Quinn, who is an expert of some standing in these matters, a currency union between Scotland and the remainder of the United Kingdom would – or at least has the potential to be – sub-optimal. Actually we might already suspect that’s

The answer to the West Lothian Question is to stop asking it

Here we go again. It’s time for an English parliament! Actually, it’s time for a new Act of Union! Says who? Says Michael Fabricant in today’s Telegraph. Mark Wallace at ConservativeHome agrees.  English votes for English laws!  Well, fine. It’s a respectable, even laudable, view. But, as we shall see, it is not a very conservative view at all. It may be rational but that alone should be make Tories sceptical of its merits. At best the creation of an “English parliament” within Westminster solves one small anomaly at the cost of creating another, much larger, one. In any case, Fabricant has his history wrong. For instance, he writes that: My constituents see their health and education services voted

Back off, nimbyists, or fracking will benefit Beijing more than Balcombe

The fracking debate has been brought to a new heat by David Cameron’s message to Home Counties nimbyists and eco-crusties that he wants ‘all parts of our nation’ to share the shale gas bounty, not just lucky northerners. But the argument is proceeding in almost total ignorance of how the controversial extraction technique works and how soon it’s likely to happen. So I asked one of Britain’s top energy executives this week whether shale is really the game-changer it’s fracked up to be. It certainly looks that way in the US, he said, because gas-based energy costs have been cut by two thirds, energy representing 10 per cent of all

Nate Silver on Scottish independence: Alex Salmond has “no chance”

Nate Silver, in Edinburgh to punt his new book, appears to have annoyed some Scottish nationalists today. The “polling guru” (according to all newspapers everywhere) has told the Scotsman that he thinks Alex Salmond’s merry bunch of nationalists have ‘no chance’ of prevailing in next September’s independence referendum. It is true that Scottish politics is not Mr Silver’s area of special expertise. It is also true that I am not sure his views are necessarily all that important. They do not carry top-weight in this handicap. I am not sure they merit being treated as some sort of Oracular revelation. Nevertheless the man can read a poll and since there’s been no shortage of

Alex Salmond Drives into a Muirfield Bunker

Unlike some politicians who profess an interest in sporting matters, Alex Salmond’s enthusiasm for golf, tennis and horse racing is genuine. He even supports the right football team. Nevertheless, the First Minister has bunkered himself this week. This is the subject of my latest Think Scotland column: Which brings me to the summer stramash of Alex Salmond and the Honourable Company of Edinburgh Golfers. The First Minister has let it be known – nay, has trumpeted – the fact that he will not attend this year’s Open Championship because it is being held at Muirfield and Mr Salmond will not break bread with an organisation that excludes the good women

Hail Caledonia: Fantasy Justice and Offensive Behaviour at Football. The Horror Continues.

Two years have passed since the SNP won its landslide election victory, leaving Alex Salmond master of all devolved territories. Two years notable for the absence of significant legislative achievement. Given the consequences of government legislation this is not necessarily something to be regretted. Nevertheless, Mr Salmond is no FDR or LBJ (again, a good thing too you may say). The exception to this record of legislative lethargy is, of course, our old friend the Offensive Behaviour at Football and Threatening Communications Act. Readers may recall that I am no fan of this illiberal, pernicious, dismal piece of legislation (my most recent post on it is here). Nothing that has

Prime Time for Nationalists: STV screens a 60 minute advert for the SNP

Until now, television coverage of Scotland’s independence referendum has largely been confined to news bulletins and specialist, late night, political programmes unwatched by most of the general public. In that sense, then, the campaign has hardly actually begun. It has not yet found a mass audience. But it will and moving the campaign to prime-time will change it too. That process began last night as STV broadcast the first episode of a three part documentary titled Road to Referendum (viewers in England can watch it here). It offered a potted political and social history of Scotland from 1945 to 1974. (The next episode will focus on the Thatcher Dragon and

Scottish independence: it’s still (almost) all about oil.

The Scottish government published a paper on the national economy today that, according to Alex Salmond and Nicola Sturgeon, makes the case for independence. You can read the pamphlet here or the BBC’s summary of it here. Most of it was relatively uncontroversial. As Salmond himself said “even” Unionists agree Scotland could survive and perhaps even prosper as an independent nation state. It would be depressing if this were not the case after 300 years of Union. But since we all – or most of us, anyway – agree with that one wonders why so many nationalists continue to argue as though anyone who disagrees with them (on just about

Defending the Right Union

The Scottish Tories look like supporting more devolution. Cue predictable apoplexy from some. Devolution was a terrible mistake, slopes are slippery, beaches should be fought on and ditches died in. In its own way, this reaction makes exactly the same mistake as nationalists. To understand why needs a history lesson, and a grasp of public opinion. Let’s start with the history. The Union of 1707 was a genuine deal. After a military standoff, England knew it couldn’t conquer Scotland. But Scotland was broke, and couldn’t afford to stay independent. The deal put into practice a Scottish scheme for dealing with the problem that was England. A union that preserved in

Life and Letters, by Allan Massie – review

It is a safe bet that Alex Salmond has no immediate plans to embrace Allan Massie as one of Scotland’s National Treasures. A Unionist in an increasingly nationalist country, a traditionalist in a time of change, an ungoogler engulfed by the internet, and an amateur of creative activities, cultural and sporting, when the fashion is for professional analysis, Massie could hardly be more out of step with the prevailing ethos of his countrymen. Yet, this collection of his Life & Letters columns for The Spectator illustrates why the larger community of readers and writers should clasp him to their collective bosom as a figure of genuine literary distinction. As the

Scotland is an ingenious country saddled with the most witless politicians in Europe. Why give them more power?

It would be all too easy this week to argue that the case for Scottish independence is falling apart. Alex Salmond is an able politician and a peerless mischief-maker, but he tends to fall mute when confronted with the myriad contradictions of his own policies. It happened this week, when George Osborne said that it is ‘unlikely’ that the rest of the UK would enter into a formal currency pact with an independent Scotland. No matter, says Mr Salmond, an independent Scotland would use sterling anyway. This would be a strange form of independence. It would reduce Scotland to the status of Panama, which uses the US dollar without the