Farage has a point, the UK should stop subsidising Scotland

It may have lost him the byelection, but Nigel Farage has a point about Scottish spending, writes Paul Ormerod Last week, Nigel Farage created a bit of a storm north of the border when he suggested that the longstanding formula for calculating how much Scotland receives from the UK Treasury needed “looking at”. Some commentators […]

Reeves has placed an uncertainty premium on the British economy

Rachel Reeves promised to restore economic stability, but the outcome of her various actions has been to increase uncertainty, says Paul Ormerod Daniel Ellsberg, who died in 2023 in his 90s, was a true Renaissance Man.   After a stellar career as an economics student at Harvard, he served in the Marines before working for the […]

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