Daily Archives: March 11, 2009

Jim Pickard

Last autumn we were reminded again and again that the economic picture wasn’t totally bleak – because there were still plenty of job vacancies. The figure of 600,000 was touted in the Commons on several occasions in October – including Prime Minister’s Questions.

How come ministers are no longer using this argument? Figures from the ONS show that in January there were only 420,000 vacancies left. Since then the number is likely to have shrivelled further.

Jim Pickard

This is a valid question. The rescue of the Scottish banks has cost British taxpayers an estimated £2,000 per household. If Scotland was independent, the figure could have been closer to £13,000. How would it have coped? Read more