sadmadalan - Member
Not sure I understand. If the figures are correct then Scotland with have a deficit of £4Bn AND and its share of the UK Deficit of £11Bn.
Maybe I didn't explain well enough. An independent Scotland would have run a deficit of £4Bn. As the UK deficit is over £100Bn, then Scotlands share (on a
per capita basis) would be around £11Bn. It's one or the other, not cumulative.
As part of the separation in will have to take its share of the liabilities.
Estimated at between £49Bn and £96Bn (IIRC). Not a massive sum for a country of Scotlands size/population/resources. There are discussions as to whether or not Scotland would get an AAA rating. I'd say it's marginal but not the end of the world either way.
Finally AS and the SNP go on about honouring their commitments made in their manifesto. The manifesto states that they will have a vote on Independence, not when it will be held.
Correct. As I mentioned earlier in this thread, the dependence parties pressed the SNP during the election campaign, accusing them of wanting to rush into a referendum rather than concentrating on jobs/growth. Alex Salmond gave a commitment that he would delay any referendum into the second half of the parliament. It is that commitment he is now honouring.
It also mentions nothing about Devo-Max. As some outside Scotland, if you want to go it alone, do so. Don't expect us to let you say half in/half out trying to see which way you would like to chose.
I've also given my analysis of "why" Devo-Max has been mentioned at all. I agree though. Devo-Max has to be something which all parties agree on, it's not a unilateral decision.