Brexit and Consequences

"Little Britania" shop sign Image copyright Getty Images

Quickly established as the dominant explanation for Thursday's referendum vote on European Union membership: the "leave" voters were largely from parts of the country and communities which feel left out of prosperity elsewhere.

Labour leader Jeremy Corbyn says they feel abandoned, left behind and ignored, often with low-wage, insecure jobs - symbolised by a Sports Direct warehouse on the site of a former coalmine.

The message for eight years, fuelled through the budget decisions taken by the UK government, has been that the people who caused the financial crash have not paid the price. Ordinary Joe has had to do so.

Well, two days in, and it seems the bankers are now paying the price. Moody's credit rating agency has warned that it could downgrade Britain's rating. It's on "negative watch", which is a prelude to a cut.

The agency is waiting to see how the politicians react. The longer the uncertainty continues about the conditions of Britain's exit, the more it will hit business and consumer confidence, and the more growth will be hit.

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Business and Brexit: whatever next?

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Has business been crying wolf? Heavily weighted to the Remain side, the voices of business Britain and corporate Caledonia raised a lot of serious concerns about the economic consequences of Brexit.

They lost the vote. And now, they're telling us they can cope with the upheaval that's being thrown at them.

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Brexit and the bottom line

Ford motor sign Image copyright AP
Image caption The Ford car company says it is concerned about the UK leaving the EU

Ford says a break from the European Union would cost it "hundreds of millions of pounds". That's because it's not only a manufacturer and exporter, but its finance arm is regulated as a bank.

Other motor manufacturers, headquartered in Germany, the US, Japan and India, have also voiced their concern collectively.

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Parenting: it's payback time

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Father's Day: a commercial opportunity to lavish crass cards and tacky tankards on dads.

Or less cynically, it's a time to consider what it is to have a dad, and what he means to you.

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Job hopes blown on the wind

wind turbines

Once upon a time, there were high hopes of Scotland becoming an industrial powerhouse for renewable energy.

You may recall the "Saudi Arabia of renewables" rhetoric. Land was earmarked for Dundee and Leith and Renfrew and Methil. Thousands of jobs were attached to the announcements.

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Lumps and bumps: Scotland's out-of-shape economy

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At least the weather's been a bit warmer, so shoppers have splurged a little bit - on sandals, summerwear, skincare and slimming products. Also on 'athleisure'* (for which those slimming products should come in handy). So says the Scottish Retail Consortium, looking for a silver lining to a large cloud.

Total shop sales in May have been declining every month for more than two years. But there's not much else about Wednesday's outpouring of economic figures that's likely to cheer us up.

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The oil barons' revolution

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You know something's really badly wrong with North Sea oil and gas, when the people who control it are calling for their own overthrow.

The leaders are looking for leadership. Though fiercely competitive, they are asking someone to arrange for their collaboration.

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Life in the Fast Lane

Indian food

Imagine living 5,000 miles from your spouse and family. You work in a busy, hot stuffy restaurant kitchen, assailed by delicious smells.

For one month a year, you are only allowed to eat or drink - including water - for less than four hours daily, in the middle of the night.

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Scotland the Becalmed

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This time, it's the housing market. Not that prices are falling - plenty people would welcome that, home owners perhaps less so. The problem is that activity is slowing up.

We've had three years in which insufficient numbers of homes have come on to the market, and too few are being built to meet projected growth in demand.

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Place and space: A new plan for planning

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How much do you know or care about your local planning office? If you're like me, you'll get an occasional note that a neighbour wishes to alter an extension, and they're consulting under the terms of the appropriate Act, section this and sub-section that.

And as I'm not a property developer, that's about it. As with actuaries, undertakers and taxidermists, one aims to leave them undisturbed to do whatever it is they have to do, unless you're left with no option.

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