Six Nations

On the way to work, I noticed an English flag flying outside of a pub. Realising that this isn’t normal in Scotland, a closer look revealed a Scottish, Welsh and Italian flag. Despite the absence of a French and Irish flag, I extrapolated that this meant that the Six Nations is coming. Now, normally, I’m…

Currency Union

Bank of England Governor Mark Carney has made some pessimistic, if rather obvious statements about Scotland losing some of its sovereignty if it forms a currency union with Scotland. Whilst his statements come absolutely nowhere near the savaging that unionists fancy it to be, it does expose some of the problems facing a currency union…

Jobs

Well, it looks like the UK’s unemployment total has fallen. Scotland has followed, reporting its own drop in unemployment. No doubt the yes campaign will sleep smugly tonight knowing it outperformed the UK as a whole. Of course, it is hard to predict how the economy will affect the referendum. Will people be more likely…

Debt and Doom

There’s a particularly worrisome article about the UK’s debt online. Whilst the article spends a lot of time trotting out the website’s credentials, and generally has such an enormously pessimistic slant that it is hard to take it completely seriously, it does bring up a lot of important points about how important debt is to…

Frack Attack

I’ve mentioned before that fracking will have an effect on Scotland’s oil and gas industry. If England develops its shale gas resources, it will result in a major drop in the price for Scotland’s gas, a major blow to the post-independence economy. Well, there have been some major developments, starting with Total backing England’s shale.…

Debt

The national debt is a big talking point in British politics right now. It stands to reason that it will be a big part of the independence debate too. Should Scotland become independent, it will have to take on a share of the UK’s debt. How much, and the interest rates Scotland will have to…