The Scottish Parliament has approved the Budget and the SNP Government has reaffirmed its commitment to raising Scotland's rate of economic growth. But there was no discussion of whether the scale of public spending in Scotland is damaging our economic growth.
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While the threat by Alex Salmond to resign if his budget was rejected may have been sheer theatre, it is opposition MSPs who have been left looking like pantomime clowns.
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The Bank of England's Monetary Policy committee's decision to keep interest rates on hold at 5.5 per cent was given a mixed reception from the business community yesterday.
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Jonathan Levie, the author of the latest Global Entrepreneurship Monitor (GEM) Scotland report from Strathclyde University's Hunter Centre for Entrepreneurship, has recorded a podcast outlining the report's key findings.
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"Scotland believes not in entrepreneurialism, like in London and the southeast. ...The reality is that the Scots enjoy spending it; they do not enjoy creating it, which is the opposite of down in the South."
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