Scotland

The decline of North Sea oil and gas production continues. The trend is now a problem not just for the Scottish Nationalists but also for the UK Treasury and the 450,000 people who work in North Sea related businesses. The deplorable thing is that the decline is unnecessary and could be halted. Read more

Week by week Scotland seems to slip away. The reaction to the fiasco at the CBI demonstrates just how sensitive business is to involvement in politics. But the future of the United Kingdom is a matter on which business should have a strong and clear voice. In its absence the momentum behind the cause of independence will grow. Read more

A cold wind of economic reality is blowing in from the North Sea. The days in which offshore oil and gas production could provide easy revenue to support public spending are over. Development of the area’s remaining reserves will only thrive if the tax regime is completely rewritten, with the tax take drastically reduced. Politicians in London and Edinburgh should accept this reality rather than pretending that we still living in the glory days of the 1980s. Read more

It is always a pleasure to have a good laugh. I am, therefore, grateful to the Scottish National party for announcing their new energy policy. Read more

First Minister Alex Salmond, left, favours growth of wind power. Getty Images

The Treasury does not agree with the level of subsidies being offered but has been forced partially to back down because of the political imperative of keeping the coalition together. The secretary of state Ed Davey, a Liberal Democrat, believes in setting medium-term targets on emissions but has been forced to back down and to accept a time-limited policy, which will be reviewed again after the next election. The result is that no one believes the policy being published this week is the right answer, or that it will endure beyond 2015. Read more