A Scottish central bank will need to be set up to oversee the creation of a new Scottish currency. It will be the competent authority providing regulatory oversight of the banking system.
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 to Scotland in GERS.
Cyber security issues are clearly emerging as a priority.
Coastal protection is a high priority for Scotland It has been neglected and requires an increase in off-shore patrol vessels and personnel.
The proposed SDF should be designed for flexibility with a modest core capability that can be adapted to changed circumstances. The SDF's cost will be substantially less than that assigned to Scotland currently by the UK Government.
Nuclear weapons will be a major challenge in transition negotiations.
“We must think of self-governing Scotland as an independent legal jurisdiction which has internationally recognised legal boundaries. A Customs officer at an immobile Customs Station, in an open-borders 21st Century European community, has very little impact and demonstrates how Unionists miss the point, whilst further; successfully confusing our electorate by claiming “hard borders” are a show-stopper when in fact they are very largely irrelevant.”
Suggests a written Constitution is central not peripheral to making the case for Independence and is the international norm. Proposes developing one provisionally via a Constitutional Conference before next referendum.
Government Expenditure and Revenue Scotland (GERS) is an annual estimate of the Scottish economy as part of the United Kingdom.[1][2] It was first published in 1992, and ye
Published annually, the report details the difference between Scotland’s tax revenues and its public service expenditure.
You can follow the betting odds on and against Scottish independence on websites such as OddsChecker.
Summary of pros and cons of independence.
10 Reasons to support an Independent Scotland