📉 Scottish independence: the economic cliff edge behind the romantic leap.
Imagine Scotland as a teenager storming out of a shared home, independent, yes, but suddenly footing the bills alone. The risks aren’t just emotional, they’re economic, structural, and deeply destabilising:
🔻 1. Currency Chaos
Leaving the pound means launching a new, untested currency. That’s not just symbolic, it’s seismic. Without a central bank or credible monetary history, Scotland would face:
• Capital flight and investor panic
• Price volatility and inflation spikes
• Higher borrowing costs and weaker consumer confidence Economic modelling warns of a “wild rollercoaster” effect on prices and savings
🚧 2. Trade Barriers with England
60% of Scottish exports go to the rest of the UK. Independence risks turning that seamless flow into a customs checkpoint:
• Tariffs, delays, and regulatory divergence
• Job losses across manufacturing, agriculture, and retail
• A projected 10% drop in economic output, over 250,000 jobs lost Scottish Bus... This isn’t theoretical, it’s the cost of building a border where none exists.
💸 3. Debt Without the Oil
Scotland would inherit a share of the UK’s national debt, without full access to North Sea oil revenues. That fiscal gap means:
• Cuts to public services like schools and hospitals
• Higher taxes or deeper borrowing
• Reduced resilience in future economic shocks Even optimistic projections show a long-term deficit
🧭 Why Most Scots Still Choose the UK
Despite political noise, economic stability remains the anchor. While some polls show fluctuating support for independence, others reveal a consistent majority wary of the risks:
• Only 21% support independence if it costs £500/year per person.
• Recent polls show a 10-point lead for separation once undecided are removed and UK strongholds are removed (North of Aberdeen and the Borders - postcode lottery database)
The thread is using an analogy of Scotland as a teenager leaving home. I have just flipped that around a little. I dishy say there was no economic plan.... I was talking about fear of leaving. Fear is rarely a good reason for not doing something.
There was a full white paper produced by the Scottish government before the indeoendence referendum outlining all of the plans.
No but it shows that you have not done your home work as you said there was no white paper. You just don't want to know or find out.
I have certainly done my home work. The white paper is a wish list.
Nothing about the deficit
Nothing about how we will support pensioners
Nothing about the impact of currency
Nothing about capital flight
OK, as I say you are entities to think the way you do..... I have no idea how Ireland are OK since independence, or the USA or all of the other independent nations.... How on earth have they managed it... I mean its just not possible 😂
There is no point in this discussion, you are clearly hell bent on keeping the broken union and I am equally keen to gain independence. But answer me one question please. If Scotland is such a financial drain, why are they so hell bent on keeping us in the union?
@grok explain to poor Ian here the UK is a single sovereign state. The outcome of a legal act
The United Kingdom is a unitary sovereign state formed by the Acts of Union—1707 uniting England and Scotland into Great Britain, and 1801 incorporating Ireland. These parliamentary acts legally merged crowns, parliaments, and economies into one indivisible realm under a single sovereign authority in Westminster. Devolution to Scotland via the 1998 Act disperses powers but doesn't alter the UK's fundamental unity; secession would require Westminster's consent or constitutional change, not unilateral dissolution.
Nov 8, 2025 · 7:18 PM UTC



