Let the Tax Competition Games Begin!
It is not right to say that this is the last United Kingdom budget. Far from it. Nevertheless, the times they be changing. Due to an unfortunate coincidence of parliamentary timing (though doubtless some will see a conspiracy in this) the Scotland Bill will be agreed today. It will, naturally, be lost amidst the budget brouhaha but it is a significant moment nevertheless. The SNP have made their peace with the coalition, recognising that the Calman Commission’s recommendations, imperfect though they may be, are another step towards a more independent future. Significantly, the Scotland Bill accepts the proposition that it is perfectly feasible, and perhaps even proper, for the different