Re: Will Scotland Leave the UK?
 

Who else and where? You are the only one who has stated that.

Re: Will Scotland Leave the UK?
 

Correct.

Re: Will Scotland Leave the UK?
 

I’ve simply inferred from the inability to seemingly pay World War Two debts without simply passing it down from one generation to the next. Despite a mass sell off of state assets. The role, purpose and effectiveness of the state both domestically and internationally are hugely diminished.

It’s almost as if before the 1950s there was something else to extract wealth from that’s no longer there.

Spoiler: Empire.

I still don’t see anything selling the Union to yes voters.

Re: Will Scotland Leave the UK?
 

The downside? That would be working out how exactly we would spend all that extra money in the government coffers without having the Barnett formula to suck us dry.

The erection of borders seems to be an EU speciality.

---------- Post added at 20:01 ---------- Previous post was at 19:53 ----------

If Scotland has so much financial promise, why are we subsidising them to the tune of £1,000 per capita? How would Scotland afford their health and social care services without it? How would they replace lost income from depreciating oil? There are many, many questions about the ability of Scotland to stand on its own two feet, and no-one seems to have any answers.

But hold on...jfman, you’re an economist! How could this work? Wee Krankie is desperate to know because she is becoming highly embarrassed by having to keep changing the subject.

Or should I have said ‘embarrassing’?:D

Re: Will Scotland Leave the UK?
 

If any of these things were actually true Old Boy I don't know why you are upset about seperation.

Had you read and understood the post you quoted it's impossible to say the extent, if at all, Scotland is subsidised. You can only quote the Barnett formula. A UK Government creation based on UK government expenditure.

Re: Will Scotland Leave the UK?
 

Link

The gap is huge, it's several billion. You're talking about a supposed missing extra 20%(£13bn) in revenue. If that was true, it couldn't go unnoticed and unidentified.:rolleyes:

Re: Will Scotland Leave the UK?
 

I’m not at all upset. I’m rubbing my hands with expectation, actually.

I think you are trying to be clever, but we see through these answers. Because they are not answers at all, you are deflecting the questions. What I said is that the Barnett formula is worth £1,000 to every man, woman and child in Scotland. Scotland will have to find how to make up that loss if it left the UK as well as find the funding they need to set up their own government.

That’s a lot of money. And yet no-one seems to have a clue as to how to bridge the gap. However, it is one big financial burden we won’t have to bear in what remains of the UK. I say, what’s not to like?

Re: Will Scotland Leave the UK?
 

Scottish Government statisticians that rely on UK Government figures, often estimates, of tax receipts that it'd be almost impossible to accurately calculate.

Any business VAT return for example cannot readily be apportioned to English VAT and Scottish VAT.

Re: Will Scotland Leave the UK?
 

Watch out for them evil English.

Re: Will Scotland Leave the UK?
 

Yet you argue vociferously against the prospect. I think you should avoid following me round the forums to get embarrassed in thread after thread. Streaming, Coronavirus and now Scottish independence.

You don't know enough about the subject to meaningfully offer any input, instead you offer age old tried and tested unionist tripe. 45% of the population saw through it in 2014 and likely more when asked next time.

You make the false assumption that Scotland couldn't reform the tax system or dramatically cut expenditure. Things like Trident are immediate quick wins, and aircraft carriers with no aircraft.

Re: Will Scotland Leave the UK?
 

Really?
As I've pointed out a supposed 20% extra missing revenue is too big to be really missing.
2018-19 spending £78,598m, income(including oil) £65,442m. £13bn required to bridge the gap.

---------- Post added at 20:43 ---------- Previous post was at 20:37 ----------

Link

Only £3.3bn of defence spending was attributed to Scotland, still £10bn to find.:rolleyes: And that's with no defence spending in Scotland at all. How would fiddling around with tax generate an extra 20% revenue? If it was that easy, everybody would be doing it.

Re: Will Scotland Leave the UK?
 

Apart from these ones?



For someone so vexed by age-old unionist tripe, you’re awfully fond of age-old separatist tripe.

Re: Will Scotland Leave the UK?
 

Separatist tripe would, on the basis of polling, seem to have the edge going forward though. :D

Re: Will Scotland Leave the UK?
 

£10 billion deficit?

Perhaps they’ll do what the U.K. does - run up a National Debt, and run at a deficit until they sort out income to be greater than expenditure...

U.K. was (at the time of the 2019 Budget) expecting to run at a £29.3 billion deficit for 2020 (I’m sure that’s been revised upwards now), and having a National Debt of £1,840 billion.

Re: Will Scotland Leave the UK?
 

Lacking a little perspective, perhaps. How many polls have shown a majority for the union, over how many years? What was the outcome the only time people were invited to make the choice for real, after months of detailed debate (as opposed to months of separatist politicians exploiting an international emergency as an opportunity for daily jingoistic rabble rousing)?

Given Sturgeon has had months to use a specific set of devolved powers to cast herself as Lady Protector of the nation I’m not especially surprised that we are where we are right now. But the fundamentals haven’t changed, and in fact they’ve got rather worse given the economic cost of the crisis. Unless you’re one of the proper swivel-eyed ones who thinks we really are discussing independence from the imperial power rather than the dissolution of a union, with all the asset and liability sharing that entails?

If there is a fresh referendum campaign in the next 5 years, the economic argument will be painful for the SNP to make, unless they think they can just brass it out like Salmond tried to do in 2014.