Does England subsidise Scotland?
No, England does not subsidise Scotland. When the UK debt repayments are removed from GERS, it shows Scotland has a surplus. The UK Government has diverted Scotland’s wealth to the UK Treasury to pay off its debts. Thus it creates 100% of Scotland’s supposed debts and 100% of its phoney deficit.
Full answer here: England does not subsidise Scotland
Claiming Scotland’s Assets: A discussion paper on the division of assets and debts to an independent Scotland
Author / Creator: Craig Dalzell
Media type: Policy Paper
Date published: September 2016
The “zero option” approach to UK debt whereby the rUK is allowed to maintain its claim as the continuing state to the former UK and to adopt all mobile assets and liabilities is the appropriate stance.
Author / Creator: Gordon MacIntyre-Kemp
Media type: Assessment report
Date published: 2020
The UK Government has diverted Scotland’s wealth to the UK Treasury to pay off its debts. Thus it creates 100% of Scotland’s supposed debts and 100% of its phoney deficit. This is the impact of Westminster’s debt loading alone, and upon that accounting trick, rests the entire economic case for the Union. Would an independent Scotland have to pay the rUK a population share of the UK’s historical debt? No – there is in fact a very strong case for Scotland to be compensated for having already paid more than it’s “fair share” of the UK’s debt