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 pay are a major part of how well Scotland’s economy will fare in post-independence.

There’s a list of the issues facing how the debt would be divided up from the UK government. There is also a response from the Scottish government here. It doesn’t add much, beyond making a little political headway.

Whilst we have a clear overview of the issues facing debt negotiations, there isn’t anything clear yet. Still, this is the start of developments, which will have a huge impact on independence.

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