News
Tough decisions for banks as cash cows run dry
www.efinancialnews.com
[Financial News] - In those days, it believed asset management was a valuable cash cow and, potentially, a serious business. Apart from generating income, DeAM paid its owner a generous tithe for central services and required little by way of capital.
Westminster needs a leader who listens
www.thisislondon.co.uk
[Evening Standard] - Westminster's desire for the lowest possible council tax is perfectly laudable but its pursuit of that goal has had an unacceptably high price, of which the parking policy, designed to maximise revenues from this cash cow, was just the most obvious.
Google News: The only way to save the Union is to stop throwing cash at the Scots - and ...
[Mail on Sunday] - It can whine about England safe in the certainty that the Westminster cash cow will continue to deliver regardless. A choice example of this is Mr Salmond's 'devo-max' which, while ostensibly giving Scotland the power to raise its own revenues
Oil groups air doubts as Scots eye big prize
www.ft.com
[Financial Times] - “If the Scottish government has any sense, it will want to nurture the industry and not just treat it like a cash cow,” he said. Analysts say that excessive taxation could spell trouble for the North Sea industry, which is well past its prime.
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