Occasionally BBC journalists do the job theyre paid well for. Another non story about food prices exposed by Robert Peston Some of the fuss and furore about whether prices in an independent Scotland would be higher than in the rest of the UK is bonkers. When retailers - food and non food - say they might have to push up their prices if Scotland were to introduce higher taxes or rates or if it were to change employment and planning laws, this is simply to remind Scots why they are voting for or against independence. The whole point of Scotland becoming a separate nation, for its proponents, is to give Scots the ability to make different choices about the nature of the society they inhabit from what prevails in the rest of the UK. Inevitably those choices would have an impact on businesses. And frequently they would have an impact on the level of prices. So talking about the emergence of inevitable price differentials between Scotland and an independent UK is to say something stunningly obvious and uninteresting. For example we dont expect prices to be the same in UK and France, because the UK and France make different choices about the structure of their respective economies, and these choices have an impact on the productivity and pricing policies of their respective businesses
Posted on: Fri, 12 Sep 2014 12:50:13 +0000
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