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Monday, 02 May 2011 09:34

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by Alex Porter, Economy Editor

As the party leaders clashed last night during the latest TV debate, Iain Gray claimed Alex Salmond’s dream of an independent Scotland would cost every Scot £2600. With the election now reaching fever pitch and Labour well behind in the polls and facing the loss of some high profile MSPs, Mr Gray resorted to spreading fear and panic insisting that Scotland would be left with a £13.75 billion black hole in its finances if it became independent.

Before the 2007 election Labour warned that every Scot would face a £5000 tax bomb were the SNP to be elected and many were turned off voting for the party. The reality of the SNP government was that Scots had their Council Tax frozen which actually reduced stress on family budgets.

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Sunday, 01 May 2011 13:00

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by David Malone

Read Part 1

In the first part, The Backdoor to China, I suggested how the central Chinese authorities had effectively lost control of bank lending and property speculation within mainland China and argued that the new and rising power in China now lay in the growing relationship between China's regional governments and international finance operating in Hong Kong.

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Tuesday, 26 April 2011 21:48

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by G.A.Ponsonby

Scotland's Finance Minister John Swinney has welcomed CBI Scotland's latest Scottish Industrial Trends Survey, which provides further evidence that the revival in the fortunes of the manufacturing sector is becoming more entrenched.

The SNP candidate for Perthshire North was commenting on a newly published report that revealed domestic orders outpaced exports for the first time in 12 months, and recorded their strongest performance for five years since April 2006.