Friday, 20 January 2012

Citigroup Clear that Independent Scotland Financially Viable

We certainly do not rule out a break-up of the UK over time. ONS data suggest that an independent Scotland would have a slightly better fiscal position than the rest of the UK [assuming Scotland gets its geographic share of oil and gas receipts]. Scotland could have a viable future as an independent country, although there are a lot of questions that would have to be resolved before that happens.

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