First: No sooner than it had begun, our new national rivalry with Scotland seems at an end as territorial tensions over Rockall abate. But why did the spat happen, and what does it tell us about Scotland's place in this period of political upheaval? Hugh talks to Glasgow-based journalist Peter Geoghegan about the political scene in Scotland as Brexit, the Tory leadership race and the SNP's ambition for another independence referendum intersect in interesting ways. Then: 'Fiscal' Cliff Taylor and 'Political' Pat Leahy bring their respective perspectives to bear on the Fiscal Advisory Council’s warnings this week over irresponsible government spending.

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