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Old 16-06-2014, 13:55   #1549
Derek
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Re: Will Scotland Leave the UK?

The mask is slipping.

http://www.heraldscotland.com/mobile...inney.24490040

Quote:
The Finance Secretary has set out proposals to borrow heavily in the first three financial years - 2016/17 to 2018/19 - after the planned formal split with the UK if Scots vote Yes in the referendum.

In an interview for The Herald's latest Scotland Decides referendum supplement this week, Mr Swinney said he wanted to turn his back on Chancellor George Osborne's austerity drive, which will limit rises in public spending to one per cent per year.

Instead he favoured borrowing to increase public spending by three per cent each year in the three years immediately following independence.
So no idea what the national debt would be, no idea what interest rates iScotland would be paying and no idea what currency we'd be using yet running up huge debts is the plan.
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