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An independent Scotland would inherit a fiscal hole because of lower than expected tax revenues, according to an analysis by the Financial Times. The FT says Brexit and coronavirus have increased the nation’s budget deficit and would have an impact if Scotland left the UK by the middle of the decade. But the paper says the SNP is reiterating its calculations from 2018 that show pre-Covid tax revenues would cover all devolved spending on day-to-day public services and says independence would allow Scotland to make the best economic choices.

Financial Times Front Page 27th of December 2024

The Russian military has been accused of shooting down an Azerbaijani passenger aircraft, sparking controversy and tension as Western nations, including the UK and US, challenge Kremlin denials and highlight the incident’s potential breach of international security.

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Financial Times Front Page 23rd of December 2024

Nick Candy has pledged to help Reform UK disrupt the political landscape by supporting policies aimed at reducing the influence of established parties, with plans to introduce a law on fair donations and the backing of affluent supporters, positioning the party as a formidable force in upcoming elections.

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