Public Finance
HS2 will not cost Scotland £17 billion
Author / Creator: Full Fact
Media type: Fact check
Date published:
There is no evidence for the claim that HS2 will cost Scotland. In effect, all money spent by Scotland on HS2 is returned through the Barnett formula.
What are the implications of independence for public revenues and spending?
Author / Creator: Graeme Roy
Media type: Assessment report
Date published: 2021
There is no question that an independent Scotland could run a sustainable budget. But like the UK, an independent Scotland would face major fiscal challenges both in the short and long run. Based upon the latest data, an independent Scotland is likely to face greater challenges than the UK as a whole (at least in the short-term).