David Bell looks at whether there exists a more stable fiscal settlement between Smith and Full Fiscal Autonomy. Following on from Monday's Part 1.
So if FFA is off the agenda, what stable solution might exist to the vexed issue of Scotland’s fiscal powers? There may be no solution to this question, in which independence is the only likely outcome, but there are a number of points worth making.
The SNP have swept the electoral map in Scottish, winning all but three seats. With a Conservative government south of the border, Craig McAngus argues that the ‘significant change’ threshold put on another referendum by the SNP may now have been breached.
The UK is accustomed to finding out who has won an election in fairly short order - an exhausted party leader appears on TV in the dead of night to say that they have spoken to their opposite number and one or other has conceded that they cannot form a government. Things were rather different in 2010 and look set to be still more unusual this time. Professor Robert Hazel of UCL's Constitution Unit, who advised on the formation of the last government, explains how the process will work.