The Hallmark of the UK Economy is Stagnation

Primary Author or Creator:
Ross McAlinden
Publisher:
Believe in Scotland
Alternative Published Date
2023
Category:
Type of Resource:
Article
Fast Facts

Scotland’s economic advantages have been squandered by the UK for too long.

More details

Britain’s economy is in decline and has been since the 2007/8 Financial Crisis. Economic stagnation coupled with effectively zero real wage growth and skyrocketing income inequality has led the UK down a dark path of declining living standards and Scotland has been dragged down with it.

Economic change looks unlikely from either of the two main parties and with Labour widely considered a shoo-in at the next General Election, Keir Starmer’s comments show us that he intends to bring zero economic change to the table as PM. 

Scotland only has one option if we are to improve our economic situation and find ourselves climbing the Scotianomics Wellbeing Index. We are already on the path to a wellbeing economy, however, the limited powers offered to us through devolution are significantly holding us back. Through independence we can create a better, fairer, greener, wealthier, healthier, happier and more successful Scotland.

English