The SNP Beat a Retreat

Political stocks can go down as well as up. Shares in Alex Salmond are hardly slumping right now but they’re off their peak and flat-lining. The market is becalmed. Perhaps the launch of the independence referendum campaign will reinvigorate the First Minister but it also carries the risk – unavoidable for sure, but still a risk – that concentrating attention on independence will remind voters that the SNP is, at heart, a single-issue party.