Scotland's economy

Answer:
A key argument for independence is that economic alignment with the UK is no longer applicable. The weaker the alignment with the UK economic model, the greater the opportunity to “do things differently”, but the greater the short-term risk and upheaval.

Full answer here: Economic alignment with UK



Answer:
The Barnet formula is used to calculate how much money Scotland receives each year from the UK Treasury. It calculates devolved budgets.   It uses the previous year’s budget and adjusts based on increases or decreases in comparable spending per person in England.  Parts of the resulting sum are with held for non-devolved expenditure.  Other areas of government have only a portion of their expenditure allocated by the formula.

Full answer here: The Barnett formula



Answer:
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



The costs of Brexit for the Scottish and UK economies so far

Author / Creator: Samuel MacKinnon

Media type: Briefing Paper

Date published: 2019

We estimate the cost of Brexit to Scotland’s economy so far [2019] to have been £3.4 billion.


Brexit three years on – still an unmitigated disaster for Scotland

Author / Creator: Ross Mcalinden

Media type: Article

Date published: 2023

"It has now been... three years since the UK left the EU in direct conflict with the stated democratic will of the Scottish people." 


An independent Scotland: what would be the options for economic success

Author / Creator: MICHELLE KILFOYLE

Media type: Article

Date published: 2022

An independent Scotland's economic prospects rest on the outcome of tough choices about currency, public finances and membership of the European Union.


Revealed: The ACCOUNTING TRICK that Hides Scotland’s Wealth

Author / Creator: Gordon Mackintire-Kemp

Media type: Article

Date published: 2022

For generations, the people of Scotland have been fed a negative narrative on Scotland’s economy. ... This narrative is fundamentally untrue. There is simply no evidence to support it whatsoever.


How much do you know about Scotland's economy?

Author / Creator: Business for Scotland

Media type: Quiz

Date published: 2022

Take the Scotland the Brief Quiz

https://www.businessforscotland.com/take-the-scotland-the-brief-quiz/


How much do you know about Scotland's economy?

Author / Creator: Business for Scotland

Media type: Quiz

Date published: 2022

Take the Scotland the Brief Quiz


Scotland the Brief

Author / Creator: Business for Scotland

Media type: book

Date published: 2021

Scotland the Brief summarises an in-depth investigation into the breadth, structure and quality of Scotland’s economy.


New Gross National Income figures for Scotland

Author / Creator: Graeme Roy

Media type: Consultancy report

Date published: January 2019

The Scottish Government estimates that 94.5% of its GDP stays in Scotland.


How to future-proof Scotland's economy. Open Minds on Independence #15

Author / Creator: Believe in Scotland

Media type: News Media

Date published:

Rapidly growing new and high-tech industries are also driving Scotland’s economy which is actually more diverse than the rest of the UK.  Three areas are of particular importance: Life sciences, digital industries, and space industry.


New GERS data fundamentally makes the case for Scottish Independence

Author / Creator: MacIntyre-Kemp, Gordon

Media type: business network website article

Date published: August 2021

It is clear that Scotland being an economic region of the UK is what is holding Scotland back from reaching that economic potential. The author sets out what the latest GERS figures represent and how they can be misleading in terms of Scotland's capabilities as an independent nation.