19th June 2014
With the referendum on Scottish Independence now just three months away, the debate on whether it should stay or go is accelerating. For its part, the Treasury has now published nine reasons why it believes Scotland is better off as part of a united Blighty…
1. People in Scotland get the best of both worlds
The security of being part of the larger United Kingdom and a Scottish Parliament that is strong and getting stronger. As a part of the UK Scotland has two governments working in its interests.
2. People in Scotland can trade freely with the rest of the UK
It’s easier for two parts of the same country to do business than two separate countries. Thousands of Scottish jobs rely on trade with the rest of the UK and 70% of Scottish exports go to the rest of the UK.
3. Scotland’s businesses are supported abroad
Scotland benefits from the UK’s diplomatic network. Over 14,000 people are employed around the world to promote and protect the interests of businesses based in Scotland – like defending Scotch whiskey from counterfeits.
4. People living in Scotland benefit from the UK dividend
Worth £1,400 a year for every person in Scotland – because as part of the UK, Scotland will continue to benefit from lower taxes and higher levels of public spending.
5. Scotland is part of a successful family of nations
For over 300 years, Scotland has flourished as part of the UK. And together with England, Wales and Northern Ireland it has created one of the most successful family of nations.
6. Scotland’s economy is protected by its place in the wider UK economy
Scotland can make its own decisions in devolved areas, while sharing risks and resources with the rest of the UK.
7. Scotland benefits from over 200 shared public institutions
Like the BBC and the National Lottery. As part of the UK, people can receive free medical assistance from any hospital in the UK.
8. Use of the pound
One of the oldest and most stable currencies in the world. An independent Scotland would not be able to use the £, or the Bank of England as part of a formal currency union.
9. More support for public services
As part of the UK, Scotland benefits from public spending that is around 10% higher than the UK average. Scottish public spending is 10% higher than UK average since devolution