There is only one way in which the Scottish government’s new freedom to vary income tax can be exercised, and that is to raise it. That was not what the supporters of more devolution had in mind when they asked for additional powers.
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03 December 2014, Financial Times
22 October 2014, Financial Times
There are good reasons for state action in areas of business misconduct. But announcing ad hoc measures against companies in the news is the wrong way.
10 September 2014, Financial Times
While most of the debate surrounding Scottish independence has been about economic matters, the economic arguments are far from conclusive either way. The real questions concern the sort of country Scots and Scotland’s residents want. The nation’s political future will drive the economics.
11 August 2014, Financial Times
If Scotland introduces its own currency the first minister should declare that all contracts made in sterling – or dollars – will continue to be payable in that currency.
25 June 2014
Can Britain’s NHS really be the best in the world – except for keeping its patients alive? John reviews the paradox.
09 April 2014, Financial Times
In today’s world of global business and finance, people make agreements in whatever currency they like and under whatever legal system they choose.
01 April 2014, Financial Times
Whatever initial misconceptions spin doctors may promote, reality will out.
21 March 2014, Financial Times
The man who “laboureth much, and sparing the fruits of his labour, consumeth little” should not, Hobbes argued, pay more “than he that liveth idlely, getteth little, and spendeth all he gets”.
26 February 2014, Financial Times
Whatever Mr Salmond may say, there has to be a plan B.
22 January 2014, Financial Times
Politicians, like gang bosses and football fans, routinely attempt to establish or reinforce their leadership by inciting hostility to other groups.
28 December 2009, Financial Times
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