How to pay for becoming independent
Setting up an independent Scotland is estimated to be about £25 billion, £15 billion of which comes Scotland's share of UK assets. The remining £10 billion is a one-off cost.
Scottish Debt
Funding Scottish independence
The set up costs are estimated at £25 billion of which £15 billion as a share of assets being transferred. The continuing financial position is dependent on the strength of the economy.
What are the cost implications of setting up an independent Scotland?
Alternative Published Date
2021
Fast Facts
Initial debts will be a matter of negotiation with the UK government. The set up costs are estimated at £25 billion of which £15 billion will be offset as a share of assets being transferred.
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Response to latest Government Expenditure and Revenue Scotland (GERS) estimates
Date Published
Fast Facts
The large debts shown by the 2020/1 GERS are temporary and not structural. They do not indicate that Scotland cannot afford to be inedpendent.
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Beyond GERS: Scotland’s fiscal position post-independence
Alternative Published Date
2017
Fast Facts
GERS (Government Expenditure and Revenue Scotland) 2015/16 reported Scotland’s fiscal deficit to be in the region of £14 billion per year, portraying Scotland as the country experiencing some of the most challenging financial circumstances in Europe.
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