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.
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?
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.
Type of Resource
Briefing paper
Response to latest Government Expenditure and Revenue Scotland (GERS) estimates
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.
Type of Resource
Assessment report
Date Published
Beyond GERS: Scotland’s fiscal position post-independence
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.
However, this study must be viewed firmly in the light of Scotland being a member nation of the United Kingdom and, as such, any attempt to use them to project the finances of an independent Scotland must be treated with caution and qualification.
Type of Resource
Policy Paper