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https://twitter.com/keiranpedley/sta...33408570798081
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No real surprise. Only going to get wider if there’s no trade deal with the EU.
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Not the most relaxing time to work in the spirits sector in Scotland, I would imagine. This will only feed through into such polling. |
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25-34: 68% 35-44: 70% 45-54: 55% 55-64: 57% 65+: 40% Source: Ipsos Mori, 2-9 October. Interesting figure for 35-44. Do I see a present day 40 year old becoming more in favour of the UK by the time they are 50, or 60? |
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There is no financial case for an independent Scotland. It’s all emotion. |
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Is there much of a downside for England from Scottish independence?
Erecting a hard border would be the main issue. Can we have those billions back, that we sent to Scotland for Covid matters? |
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Scottish tax receipts presumably, and borrowing. Roughly the same as any other country in the world. This flawed unionist mantra is based on flawed unionist calculations - and will presumably be rejected with the contempt it deserves when Indyref 2 happens. |
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Neither does it reflect the ability of Scotland to vary it's tax receipts. Maybe something like Sweden - raising public expenditure to 50% of GDP, raising some taxes to support it and having a happier society overall. High levels of public trust between Government and the people. A healthcare system that wouldn't readily be overwhelmed by Covid. It could really be something to aspire to... |
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I’m not sure the alternative, certainly 2nd time around the 1st we shouldn’t have been involved in, would have been conducive For anyone and considering the alternative was certainly worth the money. |
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We've got a miserable population, trying to ensure that misery transcends to future generations, I'm guessing because the national psyche has a sense of missed opportunity and denial. However, that's I'm sure beyond the scope of the Scottish independence thread. ---------- Post added at 20:30 ---------- Previous post was at 20:29 ---------- Quote:
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It's also true to say that GERS doesn't reflect what that amount would be. So the two statements I made aren't as contradictory as they appear. ---------- Post added at 20:37 ---------- Previous post was at 20:35 ---------- Quote:
I will say though that GERS is an age old argument - predates 2014. This line of argument isn't going to be 'news' to the 58%. |
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And what if any adjustment of the GERS figures led to a higher deficit? What exactly is Scotland producing, that produces the required massive missing tax income? Can't be oil as that is easily separated. Have the SNP come up with what they consider to be the true figures? Or do they simply complain because they don't like the answer? |
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The “State Assets”, would they be the assets they robbed from the private sector? Hey, the assets are still there. All the state has to do is go a thieve them again from the people that own them. |
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Generations are indebted because of the generations who went before them and the political choices to not address the debt and pass it down. Oddly, the generation that benefited the most from selling state assets wants to bypass responsibility for the debts it didn't address. Completely unsurprising, but masquerading this as a sincere or noble duty to 'balance the books' is laughable. ---------- Post added at 20:56 ---------- Previous post was at 20:53 ---------- Quote:
That doesn't defeat the general premise that all state funding comes from taxation or borrowing. Or selling off the state assets I suppose to put coal miners on the dole! |
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The bond markets wouldn't buy their debt, NOBODY would lend them anything. Link Quote:
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British Rail - formed from private rail companies from 1948. British Leyland - formed from private car companies. 1975 Electricity - National Grid and Regional DNO’s - The Electricity Act 1947 (repealed 1989) merged 625 electricity companies to be vested in twelve area electricity boards whilst the generation and 132 kV National Grid were vested with the British Electricity Authority. Water - initially private enterprises but quickly brought into public ownership in the mid-late 1800’s. Not a bad thing at the time. Coal - National coal board - formed from private coal companies in 1946. Gas - formed of private gas companies in 1948 Steel - formed of private companies in 1949, unnationalised in 1952, renationalised in 1967. So really the only one is BT, which was government owned from inception being part of the Royal Mail. Happy for you to prove me wrong. That said, given the time and how important it was at that time....water And sanitation probably best run by the authorities. So you can have that too. |
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Scotland-based Brexit voters against Scottish independence:
If you knew what you know now about the increase in support for Scottish independence; encouraged by Brexit; leading to a risk of Scottish independence and likely re-joining of the EU by Scotland in the future, would you have still voted Leave? |
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Edit apologies - Chris too. |
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My point being, across the several recent posts, is that the State creates nothing. Anything the state has is Either stolen from or gifted by it’s Citizens. |
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It’s palpably untrue that the state creates nothing, and a fundamental flaw in your ideology. Which I guess explains the inability to understand an effective coronavirus response - it requires everything you loathe.
I’ll accept though that taxation does fund it, so it does come from the citizens. But it creates what citizens and private enterprise cannot alone. Large scale projects that require common purpose, common goals, and a vision beyond the stock price or profit margin in the next 3-5 years. We’ve moved on somewhat from Scottish independence, however at least we’ve agreed that Britain is the hollowed out shell of a once-great state. It’s little wonder people of Scotland see little value in clinging to it, especially if your opinion/ideology continues to prevail in England. |
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Still Leave.
Still No. Thanks for asking. :D |
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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. |
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The erection of borders seems to be an EU speciality. ---------- Post added at 20:01 ---------- Previous post was at 19:53 ---------- Quote:
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 |
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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. |
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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? |
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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. |
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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. |
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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 ---------- Quote:
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. |
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For someone so vexed by age-old unionist tripe, you’re awfully fond of age-old separatist tripe. |
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Separatist tripe would, on the basis of polling, seem to have the edge going forward though. :D
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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. |
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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. |
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QE and PoW are brand new, cutting edge ships carrying brand new, cutting edge planes. There was always going to be a lot of testing and training and the best logistics department in the world was never going to bring everything together at precisely the same time. That was foreseen a long time ago, which is why the US Marines were invited some time ago to provide air power alongside the RAF on QE’s first operational deployment. “Carriers with no planes” is just one of several dog-whistle messages from 2014, appealing to that portion of the Yes vote that was in it entirely (or mostly) because of Trident, with little risk of upsetting the Forth and Clyde shipbuilders who were actually building the things. |
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England is politically moving further away from Scotland in it’s own search for a national identity, weakening the union in my view. I’m not convinced the pre-2014 arguments for the Union will hold as much sway as they did then. I think many will feel let down by what was promised from staying in the UK that hasn’t come to fruition. I’m not convinced people in Scotland will trust a Conservative government to lead the post-Coronavirus recovery in the interests of the whole UK. I think the unionists need a new compelling case for the union and I don’t know what that is or what it’ll look like. |
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A huge chunk of the UK deficit is subsidising Scotland. Then add in Wales and NI. Would the UK be able to borrow money, if the UK deficit was the same relative size as Scotland's? Even if they could borrow money, it would be very expensive(ie high interest) to do so. Scotland has been running a deficit for 20 years. They have no intention of reducing it. b |
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Incidentally, the UK as a whole is paying for Trident, not just Scotland. Scotland would lose the income generated by those who work there and instead would have to pay unemployment benefits for those who could not get alternative employment or decided not to move back to England. |
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A laughable assertion. Essentially the “too wee, too small, too stupid” narrative all over again. Please Old Boy come up and campaign for Scotland to stay. I can’t think of anything better for the cause of independence than English people pretending to not care but seething on the inside as the union crumbles. I think given your failure to understand Government finances in the Coronavirus thread I’ll not worry too much about your analysis of Scotland’s finances at a macroeconomic level. You keep your household budget economics for keeping Mrs OB happy with poor value linear TV packages. |
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Start with the ending of the British subsidy to Scotland. How the hell do you work out that this is not a problem if Scotland wants to stand on its own two feet? More borrowing seems to be your answer to everything, in which case why doesn’t Scotland borrow more now and stop sponging off England? |
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As for the bit in bold you clearly do not understand the devolution settlement, although I'm unsurprised by this revelation as you're clearly in this thread not to offer nothing substantive but simply provoke others. Scotland doesn't have the powers to borrow! If you are so bothered about your perception of Scotland 'sponging' why are you not simply indifferent about whether Scotland goes independent or not? |
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If the SNP are happy to spend less, why don't they? As I have to keep pointing out, if their defence spending was zero, there would still be a large deficit remaining. |
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Ooh aggregate borrowing at 0.0015% of what the UK Government borrows. Imagine the possibilities! |
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Where does this 0.0015% come from?:D UK borrowing includes the several 11 figure annual sum to prop up Scotland. High deficit = high "interest rates". "Not going to pay it back" = "Not going to lend you it, in the first place." Estimates on VAT can be made. Their actual VAT would have to be double the estimated amount, in order to bridge the gap. Still would nowhere near account for an alleged missing extra 20% in revenue. |
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You should join the jfman Economics 101 lectures I'm giving Old Boy in the Coronavirus thread. You may find them insightful. If England are so bothered about propping up Scotland why don't unionist parties just say - good luck, best wishes and laugh as they leave? But no we get lies, bitterness and deception. It's almost like their claims aren't true. :D |
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Get enrolled into a good school, preferably not one in Scotland. |
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Given that per capita spending in Scotland is higher than in England by some margin. Given scotland has a population of 5m, which is only 7% of the total of the UK 67M, what would be the formula? 2,000,000,000,000 Is stonking number whatever way you look at it, Scotland will not be starting fresh and walking away with a clean slate. If the did it on per capita basis 7% of 2 trillion is still: 140,000,000,000 140 billion Uk GDP is still around 2.2 trillion ( it’ll take a hit this year) Scottish GDP is estimated to be at 180 billion Which on the face of it looks good - 40 billion in the black. Until you see that total public annual expenditure in Scotland is 75 billion and last year they had a tax receipt shortfall of 940M Nothing is impossible but it would mean a lot of Belt tightning or just keep running an annual 35-40 billion deficit To add to the 140billion and live happy. |
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Your claim that Scotland couldn't independently choose to borrow is false. England has to also borrow large amounts on Scotland's behalf, at much lower bond yields(interest rates) than Scotland would ever get by itself. England would never be allowed to get a say on this or indeed anything else. We're not allowed democratic control.:mad: |
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Could there be financial benefit in the SNP holding fire on independence for a bit for a better long-term financial settlement with ex-GB? They would have to be confident that the majority in favour of independence would be maintained but if jfman's stats by age hold true, this should not be an issue. ---------- Post added at 10:08 ---------- Previous post was at 09:59 ---------- Quote:
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Sturgeon is not ignorant of these issues and would prefer to hold a vote at the point of maximum advantage. Her problem is one of party management. The SNP is eating itself up at the moment, and while it has managed to more or less keep a lid on it so far it has the potential to blow up spectacularly next year, if Salmond decides to exact his revenge by launching a new “Indy now” party in time for the election. A lot of the party hardliners think the most important thing is to get a vote ASAP, win it by hook or by crook, and worry about the fallout later.
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I suppose that's one way of spinning it; but spin/nuance it is. For the Referendum, there was no constitutional basis for each province (for want of a better term) to have a veto - or even qualified majority(!). The Referendum was, as you know, UK wide and implemented on that basis. Of course, the government could have made some laws after the result so as to deal with regionality issues, but it didn't. The SNP are making hay with this for their own purposes. We can all see what hypocrites they are because they want freedom the UK but want also to surrender that freedom to the EU. The SNP is all about a power grab, waling the world's corridors of Chief Ministers. I would want to bring the SNP to heel. By all means devolve more powers to NI and Wales - but the Guvmin should withhold that from Scotland until the SNP behave more like it is part of the Union (which they won't). There should be no further referendum at least not before the next General Election. Whatever new powers we might offer them, they'll demand more. I'm reasonably sure that the Scottish people are as fickle as anyone, in this case I'd say Boris and his manner/speech whatever is what's putting them off. But the people haven't analysed the financial situation, don't know from where the £15 billion spending gap will be plugged. Otherwise, sod 'em. ---------- Post added at 20:26 ---------- Previous post was at 20:25 ---------- Quote:
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I disagreed and by way of example cited the 2016 referendum. |
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The SNP could sweep the board in a constituency vote and a hypothetical party eat up half of the list seats through not having their regional vote adjusted on the basis of constituency seats. Could conceivably be the best outcome though for our concerned English members who want to save on Barnett consequentials. |
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There is a threshold below which it’s effectively impossible to gain any list seats because there aren’t enough of them to go round for the system to be absolutely proportional. That’s what eventually did for Tommy Sheridan and his merry band of tinpot revolutionaries in the Scottish Socialist Party. People were still voting for them, just not in enough numbers for them to get even one list seat in each region. |
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There’s enough similarities to D’Hondt that I thought it was, but I also see it’s a D’Hondt hybrid if you like - with a constituency element.
And I agree the system to be skewed in a manner I described would be unlikely - it’d need 100% of the SNP constituency voters to not vote SNP on the list. I think in the real world it’d be impossible to get as much as half to do so, but somewhere around a third realistic. That’d have them ahead of the Lib Dems on the list. I do accept the awareness of how the system works isn’t yet high enough for independence voters to exploit it. |
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While I'm sure Tories in the south are having a good laugh at the Scottish Government not knowing if furlough would be available in light of their public health decisions I'm sure it's a bad look to those who would rely on such funding, if available, who would be relieved at such uncertainty being removed.
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BoJo gives the Scottish independence cause a helping hand.
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Besides, he’s right, devolution is a disaster, because it was designed with the assumption that Labour would always be the largest party in Holyrood and the eternally successful New Labour project would be in power in London as often as not. It was recklessly constructed without any consideration for what would happen if the governing party in Edinburgh actively sought out and exploited its weaknesses. The SNP is very good at maximising grievance, complaining that it doesn’t have the powers to Make Scotland Great Again and not properly exercising the significant powers that it actually does have. The Tories have had a good showing in Scotland of late but the nationalist madness isn’t really going to end until Scottish Labour works out what it’s supposed to be for, an exercise it hasn’t seriously undertaken for the best part of a century since it started taking the Scottish voters for granted. The SNP is being almost entirely propped up by the votes of the scunnered working classes of Glasgow and Dundee, who at present continue to buy the lie that independence will pave their closes with gold (as opposed to the reality, which is that the poor always suffer most at times of great social and economic upheaval, which is precisely what the SNP’s independence would be). |
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It needs a devolution settlement that suits Scotland not a party out of power in London and in danger of extinction up here. |
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Labour nationally is playing the "we're not the Conservative Party" line which is fine for Westminster where there are no forthcoming elections but unhelpful in Scotland when there are some in Holyrood. |
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I would love to know how NS is going to survive with a population of 5.5 million?
I would be generous and say only 2.5 million will be old enough to earn wages. That surly cannot be enough to pay for the bills a government need to pay. More people live in London (9.3 m) She would get no hand outs from us, then there be the requirement for a border, and all those people that work and live on different sides that would then require a border. But what would happen in another lockdown situation should we allow people to cross (personally I'd say NO). NS will bankrupt Scotland with 5 years. |
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But could Scotland on its own be able to take a punt on a broad portfolio of Covid 19 vaccines in the way that the UK has done? That's a different matter... |
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That isn't the point, of course Scotland could be an independent nation of 5M people or less. However, they would certainly not enjoy the level of public spending they enjoy now. Or they could, if they borrow into oblivion. Quote:
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That assumes an independent Scotland wouldn't use a single macroeconomic lever to increase tax receipts and investment.
It also assumes the UK tax system is perfectly optimised for investment and returns. Which isn't what the Conservative Party think. There isn't a single small country in the world that looks at it's bigger neighbour and models it's tax and spending system on it. |
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Scottish independence secret weapon revealed!
https://www.bbc.co.uk/news/uk-scotland-54951970 |
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Dear god no.
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Well failing that, Dominic Cummings has some time on his hands next year and is good at winning difficult campaigns. More importantly, he is skilled at driving long distances without the need for toilet breaks. ;) |
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Jfman, serious question, does the above mean that the hardworking people of Scotland will be taxed to death to pay for independence? |
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If they go independent, Scotland would be so far up shit creek nix paddle like you've never seen. Money that doesn't go to Scotland will be available to improve services in England and Wales. This is becoming ever more attractive! |
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