UK | The economics of Scottish independence
A win for pro-independence parties at Scottish elections on May 6 will put Scotland’s exit from the UK back on the political agenda. But in our view, while the prospect of independence is real, it’s not the most likely outcome. A nationalist victory wouldn’t assure a referendum, as the UK government remains opposed.
What you will learn from this report:
- A nationalist victory wouldn’t assure a referendum, as the UK government remains opposed.
- Should Scotland secede, the UK would be shorn of around one-twelfth of its GDP.
- For Scotland, independence would lumber its small economy with a significant level of public debt.
Tags:
Related Services
Post
US inflation still slowing, but not fast enough for seniors
The spotlight focused on this week’s consumer price report to see if it raises more questions about the Fed’s decision to cut rates so aggressively at its mid-September meeting.
Find Out More
Post
The US consumer will remain a pillar of strength
We are significantly raising our forecasts for consumer spending growth over the next few years. We expect real consumption growth to accelerate to 2.7% in 2025, up from our previous forecast of a slowdown to 2.1%.
Find Out More