Salmond gives Yes race a steroidal boost
Alex Salmond came out on top in the second TV debate, say the polls. But will it make a difference? Matthew Partridge reports.
Alex Salmond, the Scottish first minister and leader of the Scottish National Party (SNP), was the clear winner in the second debate over Scottish independence.
"Although the SNP leader's debating prowess has often been overstated, he duly rose to the occasion" and beat Alistair Darling, the leader of the No campaign, says David Torrance in The Guardian. Indeed, it almost seemed that Salmond "gavethe performance of his life".
By contrast, Darling "knew his lines, but the delivery was often poor", while his overemphasis on the issue of the currency "appeared hackneyed and weak".
Subscribe to 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
Salmond's victory was "a dramatic turnaround" for the first minister, writes Tom McTague in the Daily Mail, afterhe "was left flailing" in the first debate when Darling challenged Salmond onthe future of the pound. That said, the second debate wasn't a total victory for Salmond.
The decision to let the pair interrogate each other meant it "descended into an ugly slanging match" for a long period. "While Salmond emerged the clear winner, his aggressive debating style left many viewers unhappy."
In particular, his strategy of "consistently interrupting his opponent" grated. Indeed, at times, the debate resembled "a cacophony familiar to anyone who has been in an Edinburgh pub at closing time", says John McDermott inthe Financial Times.
What's more, Salmond "left many questions unanswered and made some assertions that fact-checkers should examine in the light of the morning".
But for the most part, the first minister "looked calm and confident, movingin front of the podium to speak up close to the audience". And "responding tothe accusation that he has no plan B' should the UK refuse a currency union with Scotland, the first minister listed three plan Bs".
At the very least,Salmond has "given his side a steroidal injection of confidence as it enters the final stage of the independencerace".
However, The Independent thinks that we'll have to wait a little while "before we can say for certain whether the secondof the televised duels between Alex Salmond and Alistair Darling has had any impact on how the Scots propose to vote".
After all, "the first time around, the viewers' verdict was that Darling had won, but there was no visible gain for the Better Together campaign".
Pundits should remember that at the last UK general election, Nick Clegg was "the star" of the debates between the three leaders. However, when it came to the vote, "the number of Liberal Democrat MPs fell".
The Daily Telegraph's James Kirkup thinks that the second debate shows that Salmond is a "better sprinter than he is a distance runner". After all, "at the 2011 elections to the Scottish Parliament, he reversed a double-digit Labour polllead in barely three weeks".
Of course,"there are lots and lots of reasons why 2014 isn't 2011", but "you underestimate Alex Salmond at your peril". While the odds are still "firmly against" what
would be "the most remarkable and significant comeback in modern British political history... the movie isn't over until the credits roll".
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
-
Two investment trusts riding the AI boom
Remain invested in investment trusts despite high valuations, as computing breakthroughs are likely to change the world
By Max King Published
-
Water companies blocked from using customer money to pay “undeserved” bonuses
The regulator has blocked three water companies from using billpayer money to pay £1.5 million in exec bonuses
By Katie Williams Published