Showing posts with label UK economy. Show all posts
Showing posts with label UK economy. Show all posts

Friday, 23 May 2014

Random Thoughts...

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Leading economist and former Standard Life Chief Economic Adviser Professor David Simpson has said that we are “poorer together” as a result of Westminster’s failure to manage the economy properly and the handling of the UK financial crisis.

Prof Simpson’s evidence – which is published ahead of an appearance by Better Together at Holyrood - heavily criticises the debts run up under Labour at Westminster and lays blame for the financial crisis of 2007/08 firmly at the door of the Westminster establishment.

In a written submission to the Finance Committee ahead of his appearance tomorrow (Wednesday), Professor Simpson wrote: “Bank of England officials, Treasury civil servants and their political masters all share responsibility for having led the British economy into the financial crisis of 2007/8 and then allowing it to languish in recession for four more years.

He adds: “No politician or civil servant in the Treasury or the Bank of England has accepted responsibility for these mistakes. Instead, it is ordinary people who have been punished.”

He also states that as part of the UK in the last five years, average living standards in Scotland have fallen year on year, adding: “We have become poorer together.”
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Fair, huh? And we have no representation at Commissioner level.

Holyrood Park has been defaced by a NO voter who spread
fertilizer on the grass to burn in his Vote No message.
Historic Scotland is stepping up patrols and police are taking the vandalism
seriously. Better Together could not be contacted for a comment.
I know people feel strongly about this, even at a European election.
But wanting to shoot independence voters is a bit steep.