A Scottish Currency in an Independent Scotland
Zoom video by Tim Rideout. Timetable for introduction of Scottish Pound post independence. What will happen to my wages and bank account, and pension.
Does Scotland have a deficit?
Because the UK runs a deficit, people want to know if part of the deficit belongs to Scotland.
What are the implications of independence for public revenues and spending?
There is no question that an independent Scotland could run a sustainable budget. But like the UK, an independent Scotland would face major fiscal challenges both in the short and long run. Based upon the latest data, an independent Scotland is likely to face greater challenges than the UK as a whole (at least in the short-term).
Type of Resource
Assessment report
Claiming Scotland’s Assets: A discussion paper on the division of assets and debts to an independent Scotland
This paper explores the historical precedents covering how debts and assets are split when states dissolve or become independent and applies those models to the case of Scottish independence.
Type of Resource
Policy Paper
Revealed: The ACCOUNTING TRICK that Hides Scotland’s Wealth (2020)
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. This is the impact of Westminster’s debt loading alone, and upon that accounting trick, rests the entire economic case for the Union. Would an independent Scotland have to pay the rUK a population share of the UK’s historical debt? No – there is in fact a very strong case for Scotland to be compensated for having already paid more than it’s “fair share” of the UK’s debt
Type of Resource
Assessment report