“The case for Scottish independence looks stronger post-Brexit”

[Decus]

Scotland will be better off as an independent country given that England's fortunes look rather bleak:

"The BOE (Bank of England) noted three principal risks. First, the commercial real estate market, discussed above, is too reliant on external financing. Second, financing of the U.K.’s current account deficit is also heavily dependent on inward investment flows. England is dependent on external capital flows. Heightened uncertainty, particularly if it continues for an extended period, which looks rather likely, could lead to a significant drop in those flows. That drop would add to downward pressure on the currency and could threaten the U.K.’s economic and financial stability."

The Ugly Details of a Post-Brexit U.K.

Funny how the two major supporters of Brexit - Johnson and Farage - have both decided to step aside. Neither expected the Brexit vote to win and neither have a plan for the future. They now leave it to others to take the blame.

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[Phoenall]

View attachment 81045 Sir Nicholas Macpherson has advised Scotland to ditch the pound



Sir Nicholas Macpherson, permanent secretary to the Treasury during the independence referendum campaign, said Nicola Sturgeon has bolstered the Scottish Government’s “fiscal credibility” since she took charge in 2014.

In an article for the Financial Times entitled “the case for Scottish independence looks stronger post-Brexit”, Sir Nicholas said the UK’s decision to leave the EU “changes terms of debate north of the border”.

Reacting to the article on Twitter, Ms Sturgeon said: “This from Nicholas Macpherson, the chief architect of the Treasury’s anti Indy stance in 2014, is quite something.”


Read more:
Brexit vote a ‘golden opportunity’ for Scottish independence

Can you explain who will fund the referendum to see if the Scots do want to leave the Union, as they cant become independent without the will of the people. The last one was funded by the British government of which Scotland is a tiny minority of subjects. They cant raise the taxes that would be needed to hold the referendum without turning the people against the SNP, and the rest of Britain would deny them the money to do so.

The timeline for anything is a minimum 2 years and by this time the SNP could be extinct as a political entity after too many failed promises. They have had their chance and failed, they will need to crawl on their belly's to get another chance this generation

 

[Phoenall]

Independence is one thing, but rushing to get into the EU is another. Would seem foolish to do so considering how unstable it is now. It also seem pretty dumb for them to move to the Euro, two different currencies on the same little island?

Nope just the one, as the price of entry will be to use the Euro and watch the cost of living go up as it has in Ireland and Greece. It costs E4,500 a month to rent a house in the south compared to £500 in the north.

By the way Scotland is not an island, it is the northern tip of an Island that is mostly England, and has no currency of its own so relies on Englands to support it.

 

[Phoenall]

Well now it is political and the Scots do not want to be told what to do by the poor working class English.

Leaving the EU hurts England, Scotland, and Northern Ireland.

Scotland and N.Ireland will likely now BOTH break away from the UK.

I never dreamed that the next nation to dissolve after the USSR would be the UK.

But there you have it.

Who will fund the referendums required to bring about this dissolving of the Union, as we in England who produce 80% of the tax revenues will demand that they be used to support the nation through these turbulent times. The Scots had their once in a generation vote and decided to stay, no do-over because the result was not the one they wanted.

Like all international treaties there are clauses that could result in the Scots, Irish and Welsh losing when they are forced to pay the fines imposed by the international courts for breach of contract. And when you realise that British government departments are the biggest employers who will employ the defence workers when they shut the bases down ?

 

[Phoenall]

Scotland will benefit from taking on all those companies that will leave England. They could offer EU access and an English speaking workforce. Its a huge opportunity for them.

And how will they pay the fines imposed by the courts for breach of contract and still remain viable. All the start up costs that they received will have to be paid as well, leaving the firms with massive debts that we will not hesitate to foreclose on. They will not be able to take the workforce with them so will lose the major revenue building aspect of the service industries, and these will start up in England and undercut the lemmings with a product already in their hands. You are a know nothing like monte when it comes to high finance and international trading, so leave these debates to your betters who have had dealings with such matters. ( you can patent a concept and no one else can use that concept without paying you large sums of money, so the likes of Barrings bank could find itself being sued for £100 million for stealing a concept that it cant use while the case is being heard leading to the customer going back to the original supplier)

 

[Phoenall]

Scotland will benefit from taking on all those companies that will leave England. They could offer EU access and an English speaking workforce. Its a huge opportunity for them.

Exactly, yes.

Ireland too will be a great escape from England as well.

Scotland will need to lower their corporate tax rate down to 12 1/2 % like Ireland though in order to compete.

And who will foot the bill for the referendum needed to bring about the split. It is written into the treaty that set up the union of the United Kingdom just what has to be done to dissolve it, and this cant be ignored under international laws.

 

[Phoenall]

I think it's going to happen.

From the article.

Edinburgh faces “a historic opportunity” to develop as a financial centre by pulling in staff and resources from London, he said.

However, he said it is “highly uncertain” how quickly Scotland could join the EU, particularly with the objections of Spain, but he added that the EU “has a huge interest in fast-tracking membership for a country whose citizens have been members of the bloc for 43 years and have voted to remain by 62% to 38%”.​

And whois going to foot the bill for the referendum needed by law to bring about the first step towards independence. It is not a simple matter of Sturgeon declaring it will be so when the treaty sets out the steps needed to be taken, and then it is down to the government in Westminster to accept the withdrawal of the nation from the Union after all fines and compensations are paid. So two years for article 50 to be finalised before the Scots can even think about independence, then another two years for the release of Scotland to independence. By this time their will be no EU in existence, and it will be the Islamic state of Europe.

 

[Phoenall]

Scotland will benefit from taking on all those companies that will leave England. They could offer EU access and an English speaking workforce. Its a huge opportunity for them.

Exactly, yes.

Ireland too will be a great escape from England as well.

Scotland will need to lower their corporate tax rate down to 12 1/2 % like Ireland though in order to compete.

I cant see the Northern Irish leaving. It would be in their interests but there isnt an overwhelming majority in favour like in Scotland.
We are more likely to see the return of terrorism.

NAW we will just send in the Welsh and their limp leeks, that will have the PIRA laughing so much they will soil themselves

 

[Phoenall]

I think it's going to happen.

From the article.

Edinburgh faces “a historic opportunity” to develop as a financial centre by pulling in staff and resources from London, he said.

However, he said it is “highly uncertain” how quickly Scotland could join the EU, particularly with the objections of Spain, but he added that the EU “has a huge interest in fast-tracking membership for a country whose citizens have been members of the bloc for 43 years and have voted to remain by 62% to 38%”.​

I think Sturgeon will take her time with this. She will want to see how the exit talks pan out before making a move. There is a good chance that the UK will stay in.

WATCH THIS SPACE as your predictions to date are 100% wrong.

 

[Phoenall]

Not that I care all that much but why break up the United Kingdom, such a long and intermingled history, it just seems like a waste of time, money and effort just to say the word "independence" and hope you pretty well end up in the same spot.

btw. is Scotland being oppressed?

They think they are because England wont give them all the money they demand. So now we have given them the chance to raise their own taxes to fund their lavish lifestyle and they are complaining they cant afford all the free handouts they will no longer get.

 

[Phoenall]

Britain’s place at top table at risk, warns Rifkind


The UK’s “credibility” as a major global power has diminished as a result of the Brexit vote which will boost Russian leader Vladimir Putin’s efforts to “weaken” the EU, according to a number of former UK foreign ministers.


Sir Malcolm Rifkind, who served as foreign secretary in John Major’s government, has also warned that the surge in support for another referendum raises fresh questions about the prospect of an independent Scotland being frozen out of the Nato defence alliance, which is currently meeting in Poland.



Read more: Britain’s place at top table at risk, warns Rifkind
Follow us: @TheScotsman on Twitter | TheScotsmanNewspaper on Facebook

WATCH THIS SPACE

 

[Phoenall]

Scotland will be better off as an independent country given that England's fortunes look rather bleak:

"The BOE (Bank of England) noted three principal risks. First, the commercial real estate market, discussed above, is too reliant on external financing. Second, financing of the U.K.’s current account deficit is also heavily dependent on inward investment flows. England is dependent on external capital flows. Heightened uncertainty, particularly if it continues for an extended period, which looks rather likely, could lead to a significant drop in those flows. That drop would add to downward pressure on the currency and could threaten the U.K.’s economic and financial stability."

The Ugly Details of a Post-Brexit U.K.

Funny how the two major supporters of Brexit - Johnson and Farage - have both decided to step aside. Neither expected the Brexit vote to win and neither have a plan for the future. They now leave it to others to take the blame.

.

Another idiot that has not been involved since day one, and did not see the claims made by the politicians involved. Farage tried to leave after the last election, Boris said he was not looking to be P.M. and Cameron stated that he would not see out his second term in office. So the world Knew they would be leaving as soon as the referendum was over.

But LIES are better than the truth as you don't have to prove a LIE do you

 

[Phoenall]

Not that I care all that much but why break up the United Kingdom, such a long and intermingled history, it just seems like a waste of time, money and effort just to say the word "independence" and hope you pretty well end up in the spot.

btw. is Scotland being oppressed?

Scottish and Welsh interests are secondary to English interests. Scotland voted overwhelmingly to stay in the EU but now have to deal with the horror of a possible brexit. Why should they ?

Because they are not a separate entity and are part of the Union. If you want it that way England would be given a free vote to withdraw support of Scotland and Wales leaving both nations destitute and without a welfare system to fall back on. That is how fair your proposed intentions are to the rest of the Union

Did you forget that the English provide 80% of the cashflow needed by the government and Scotland and wales takes 40% already just to stay viable. How would you cope when England takes all of its jobs back over the border leaving empty building is Swansea and Cardiff

 

[Phoenall]

Scotland would fold if they could not suck the teat of the English taxpayer:

Nine out of ten Scots 'are a burden on the state' (and that's the suggestion of Scotland's Tory leader)

Good riddins' to this nation of welfare bums.

But the irony there is, disconnecting from the UK would be the absolute best possible thing for Scotland. Just like the best thing a parent can do, is kick out their grown children, and force them to man-up, and become and adult. Not let them live in the basement playing video games, and hoping the magically decide to grow up.

If Scotland was forced off the dole, they would grow up, and build their own nation.

That said, if the UK does in fact break market ties with the EU, then your point will be irrelevant, because the government won't have the money to keep supporting the Scots.

The UK is not looking to break ties with the EU, it is Scotland and Wales that wants to force the EU to break ties with the UK. In doing so they will cut of their noses to spite their faces and complain that England has once again let them do a stupid thing.

 

[Phoenall]

The British economy will be fine without the EU, probably even better.

It is picking up slowly, and now the financial institutions are stopping the likes of tainted from causing a run on the banks it will start to get even better.

 

[Phoenall]

I don't understand why Northern Ireland would leave. I can't imagine them ever joining the Republic, and I thought a huge chunk of their economy was reliant on spending from Westminster.

As is Scotlands and Wales, but the facts are the 5 counties are seeing the way the south is being plunged into increasing debts by the EU policies and don't want to go that way. The Scots cant see that they have nothing to offer and are still relying on the pipedream of North Sea Oil that is all in English waters anyway. It is sour grapes and RACISM behind the problems, and this is funded from Russia

 

[Phoenall]

I wonder who's going to pay for Scotland's defense? All the other infrastructure they need? They have little primary industry and the oil in the North Sea will run out eventually. Then what? Tourism visits to Loch Ness?

As always they want England to foot the bill because they know they have no chance of affording the costs themselves. The wells have been capped due to the price of Oil being so low, and this was the case before the referendum on Scotlands exit. Salmond LIED to his people about how he could fund the country from North Sea Oil and bring England to its knees. Within a week of the vote Scotland would have been begging England to let them back in with debts to be paid.

 

[barryqwalsh]

The governance of England, Scotland, Wales and Northern Ireland should be reinvented within a new voluntary union in a bid to save the UK from disintegration, an independent all-party group of experts will argue this week.

The Constitution Reform Group, convened by former Conservative cabinet minister Lord Salisbury, is to make the the case for radical constitutional change in the UK by claiming the need has been boosted by the vote to leave the European Union.



Brexit vote paves way for federal union to save UK, says all-party group

 

[Phoenall]

The governance of England, Scotland, Wales and Northern Ireland should be reinvented within a new voluntary union in a bid to save the UK from disintegration, an independent all-party group of experts will argue this week.

The Constitution Reform Group, convened by former Conservative cabinet minister Lord Salisbury, is to make the the case for radical constitutional change in the UK by claiming the need has been boosted by the vote to leave the European Union.



Brexit vote paves way for federal union to save UK, says all-party group

The scots and welsh would not go for that as they would not have any money left over to hand out freebies to the population. They would need to increase taxes or see their people move to England seeking work and welfare. Better to just let them go and see then collapse under their own failures

 

[barryqwalsh]

Ruth Davidson to slam SNP plans for new independence referendum as 'completely irresponsible'


THE Scottish Tory leader will use a speech to lobby journalists in Westminster today accusing the nationalists of seeking to make gains from the Brexit uncertainty.

Read more at Ruth Davidson to slam SNP plans for new independence referendum