Public Debt

England does not subsidise Scotland

Author or Creator
Believe in Scotland
No. When the UK debt repayments are removed from GERS, it shows Scotland has a surplus.  The UK Government has diverted Scotland’s wealth to the UK Treasury to pay off its debts.  Thus it creates 100% of Scotland’s supposed debts and 100% of its phoney deficit. 

TRANSITION TO A SCOTTISH CURRENCY

Primary Author or Creator
Peter Ryan
Alternative Published Date
2020
Fast Facts

The decision on Scottish independence is a decision for the people of Scotland.  When making that decision it should be clear which currency an independent Scotland would use.

Category

PARTING WAYS How Scotland and the remaining UK could negotiate the separation of debts and assets

Primary Author or Creator
Craig Dalzell
Alternative Published Date
2020
Fast Facts

All of the plausible negotiating strategies represent clear advantages for an independent Scotland.  Even the least advantageous (the Annual Solidarity Payment) presents a scenario where Scotland would save around £1.5 billion per year in debt interest payments compared to that currently assigned

Category

Can Scottish independence backers win economic argument?

Primary Author or Creator
Mure Dickie
Date Published
Fast Facts

While opinion polls in the past few months have recorded unprecedented and sustained support for independence in Scotland, economists said the short to medium term economic and fiscal difficulties of leaving the UK look substantially greater than they did when voters rejected the idea in 2014.

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How would an independent Scotland pay for it?

Primary Author or Creator
Cameron Archibald
Date Published
Fast Facts

It’s that time of year again when unionists start spreading lies about how an independent Scotland is subsidised by taxpayers money from the rest of the United Kingdom.

Category

Can Scotland afford to go it alone?

Primary Author or Creator
Ruth Strachan
Date Published
Fast Facts

With every passing election, Scotland seems to move closer to independence. Investment Monitor explores the obstacles the country would face should it leave the UK.

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