Last week, there was a "generally warm welcome" when the Liberal Democrat chief secretary to the Treasury, Danny Alexander, announced that Cornwall would become an officially recognised minority community, along with Wales, Scotland and Ireland, says Brian Groom in the FT.
Independence for Cornwall, population 536,000, looks distant; but Cornish campaigners "hope it will be a stepping stone" to a devolved assembly.
Andrew George, the Lib Dem MP for St Ives, said the idea of a Cornish assembly, operating within the UK, but with enhanced decision-making powers, was "desirable and achievable within my lifetime".
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Cornwall's new status won't have much practical effect, says Charles Moore in The Daily Telegraph. Much of it is "just a dodge to get larger Whitehall and EU subsidies" (implying "greater dependence, not proud independence").
Also, "whenever a national minority' is given special legalstatus, a small attack is made on our common citizenship".Cornwall has a "distinct history of which it is justly proud", but so do many counties.
Obviously, "another well-known national minority", the Liberal Democrats, are eager to hold on to their three remaining seats in Cornwall, but "that is no reason to let race politics spread to England".
This move is about our future, says Petroc Trelawny, also in The Daily Telegraph. Cornwall has the weakest economy in the country; giving its people a real sense of identity can only help it to develop.
"Offered the choice between the increasingly random concept of the United Kingdom, or a progressive micro-region with a motivated, enthusiastic workforce, it's clear what most investors will plump for."
It is a "goodwill gesture, unlikely to fan the flames of the minuscule Cornish independence movement". But it is welcome for commercial reasons, and for the "sense of fresh pride" of the Cornish.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Revealed! The most viewed properties on Rightmove amid Boxing Day boostThe property website predicts that the housing market is set for a busy 2026 based on user activity over the festive period. Here are the most viewed homes on Rightmove during Boxing Day
-
ISS backs Edinburgh Worldwide’s board as Saba questions SpaceX selloffShareholder advisor ISS has recommended that shareholders vote against Saba’s proposals to replace the board of the Baillie Gifford-managed investment trust
