The Diageo ethos is to make decisions as close to the market as possible. We all know the troubles that prompted re-specification of the Irish Constitution. The right wing ideology would celebrate the purported influx of corporate capital, and the jobs that would come with it. How can anyone justly claim that is worth fighting for? Think Apple, Nike, Nissan, Sony etc. We need very simple and easy to understand facts like – what small percent of Scotland’s revenues are needed to fund state pensions as many of our old folk think this is a huge sum of money required and that this is in some big pension pot down south. How the market views lending to Scotland relative to lending to UK will determine if Scotland has to pay higher interest charges. Independence is just this sort of thinking on a national scale. will pay your pension and continue to do so. For major cities in those countries you get more relevant data by specifying cities. Leaving one union to integrate into a bigger, uglier one. That is decades away. BP may have an office in Aberdeen and employ staff on a good wage but the headquarters are in London. In recent years more money has been spent in Scotland than has been collected, whether or not you count money collected from the North Sea oil and gas industries. UK economic security has ultimately secured the Scottish economy. Click to enlarge It's a simple question but not one often asked, probably as most economics bloggers like myself get bogged down in numbers and over complicate the issue. : Business for Scotland. Country size comparison. In the long run England will have an NHS that is more expensive for the poor and not fit for purpose and we will be forced to make cuts in Scotland if we vote No. Source: United Nations Office on Drugs and Crime. Only 6% … In all other indicators there is evidence that London and south East also over-performs but that does not mean that there is not poverty in those areas as well. Here is the lesson of history: the French Revolution, the October Revolution and Iraq all show the same processes at work. July 12, 2018. iStock. The map of wealthy household distribution shows a clear north/south wealth divide within England itself, which many of us knew about, but many will be surprised at just how far south the divide sits. Scotland shares many similar economic features with these countries, highlighting the immense growth potential of Scotland. The figures, which include property, cash, equities and business interests owned by individuals, reveal that the UK is also the fourth richest in terms … If these propositions are correct, then what is good about them? That’s fine, Jareth; show your working now. Pls share your thoughts with all yes sceptics. The sad truth is that where as the wealthy household numbers in the South West as a whole are high the distribution of wealth in our society is such that there may also be poverty, wealth inequality throughout the whole of the UK is also a damaging side effect of the London orthodoxy / neoclassical economic model followed by the unionist parties. But if an independent Scotland takes full ownership of this resource, then its fruits will no longer benefit the remainder of the UK. The current workforce pays for the state pension paid to pensioners. Nevertheless, and especially with respect to oil, it tends towards that relationship; and, so much for the facts, we do see arguments from the “yes” campaign that either have that structure, or are, even more commonly, indifferent to/silent on the issue of third-country economic deficits that may occur post-independence. It’s as simple as this … 59.6bn divided by 9.9 = 5.74 recurring. O/T can we get major supermarkets’ reaction to UK government setting up border controls post independence and how will this effect their profitability given their disproportionate activity in Scotland? Scotland so needs people like you! We all have to vote YES to remove these WMD as it is slowly killing us and our children, another reason they wanted to keep us “better together” let the WMD kill us …go figure, […] Stop London sucking the money out of Scotland […]. This particular map does not prove that. Andrea, with such a poor health record in Scotland, people dying around 5 years earlier on average, compared to their Southern UK counterparts, food banks; 25% of children living in “official poverty”; how are we better off ? Cairn Energy) but the company was founded by investors in London. But it is the right direction to move in – it decreases the number of players, and may inspire similar economic covenants to be acted upon elsewhere. So while North Sea may see a decline, the Atlantic is a vast resource. Developed by Untangled Web. Gordon MacIntyre-Kemp is the Founder and Chief Executive of Business for Scotland. You comment may just help people to understand that it is not about England and Scotland or Labour V SNP its about a system of government that is not fit for purpose, and moving to a better system and a better partnership between home nations that will in the end benefit everyone. Indeed, Habermas has urged the need for a comprehensive EU Constitution so as to reach that end. 1) The poor How can that be justified? | Scotti... Where does Scotland’s wealth go? only thing they dont have is a Central Bank, and thats all what south is blackmailing Scotland to stay in union. Of course the Unionist press are not going to publish articles and info like this. The Treaty on European Union’s preamble has, since its conception, been founded on the desire to “[create] an ever closer union among the peoples of Europe”; “to achieve the strengthening and the convergence of [the Member States’] economies”; and “promote economic and social progress for their peoples” – distinctly ethical covenants underpinning the EU’s constitutional frame and identity. Our newspaper headlines are legendary. The ONS graphic depicting wealth concentration, is the best example I have seen for the old saying ‘a picture speaks a thousand words’. Kevin, a certain Mr,Mobius appears to have got into your logic! This report is utterly ridiculous! But this then means, ipso facto, the disadvantaged people of England, Wales, and Northern Ireland will have less financial means to distribute and enjoy such benefits. While we were on holiday during July 2012 I met an ex patriot Scot, who works with the Amecian Government, in charge of Commodities.She informed me that the headquarters for commodities must be in the country where the commodities originate.Obviously this is commonly understood by Industry, it is the norm. No prizes for working out which areas are given priority by rulers and those who control public spendingj. I am desperate to change my spending to help the Scottish economy. South Africa is similar to the UK in that is does offer state-run healthcare, with small fees charged in relation to income and number of dependents. Relative to England and Wales, the excess is only partially explained by area deprivation. How does a political and economic system that drains billions in revenues from Scotland and leaves the poor unable to heat their homes make us better together? It is clear to see that London and the south are by far the wealthiest parts of the UK. The only doubt can be if we can afford it, but remember that last year £4.1bn was removed from Scotland’s budget to pay interest on the UK’s debts over the last 20 years that amount has been over £70bn. The country you live in has absolutely no bearing on your pension. Scotland is a Resource-Rich Country. Source: United Nations Office on Drugs and Crime I don’t know if it’sthe done thing to be the first to comment on your own comment, but here goes… Even now, it can (and has) been criticised for failing to develop EU-level welfare protection. Hi Chas, Much higher margin on aged dark spirits than RTDs, beer and white spirits. << Loads of factual evidence in this book http://www.amazon.co.uk/Going-South-Britain-Third-Economy/dp/0230392547 Going South – How the UK will have a Third world economy by 2014. That’s a very serious amount of wealth that Scotland loses due to the UK’s lack of a sensible industrial strategy and political dogma. Ah but the NHS would be safe – well no. Data is originally sourced from either criminal justice or public health systems. And so do the other party leaders, who, in a direct(and calculated)way use this not by shouting, but by whispering “that’s who you’re stuck with”. As technology improves, it invariably becomes cheaper. iScot’s per capita higher tax yield will provide better education, better health care and better welfare support more generally to the Scottish people. http://www.scotland.gov.uk/Resource/0043/00434502.pdf, I have also asked Rachel Holmes, A financial expert who contributes articles for Business and who has discussed pensions to provide her understanding (my question is in the comments). It leaves our nation’s families comparatively poorer despite the fact that we generate more tax revenue per head that the rest of the UK. The Organisation for Economic Co-operation and Development (OECD) library gives oil production figures for the UAE. Wake up the UK does all the things you hate and more, if you believe what you wrote and it is not nothing more than sophistry, vote yes… You know it makes sense! But, in spite of relatively trivial trends in UK general elections, a move for independence at this stage in Scottish constitutional re-specification could be seen as introducing a covenant premised on greed. SEEMPLES**. What is the Income Tax generated and what is the Benefits bill. On the contrary, the underlying premise of the argument extols the virtue of breaking down sovereign barriers between states – the process of EU integration exemplifying such cosmopolitan trends. Although the life time expectancy of the present Scottish generating equipment is less than initially expected, we must realise that this industry is in a certain sense at it’s infancy and I’m sure more cost efficient methods will be discovered and delivered. This entry contains the number of victims of an unlawful death purposefully inflicted on a person by another person. These gaps in life expectancy between rich and poor are widening (Table 1) and the gap between best and worst areas of Scotland is now substantial. That is a good point David, the claim that Scots are wealthier because the UK government is economically incompetent has run up massive debt and lets us pay more of that debt back than the rest of the UK is clearly ludicrous. Oh and social spending in Scotland is a lower % of GDP than it is in England – go figure – but the best way to get the benefits bill is to grow the economy using the economic levers independence would bring and get people off benefits and back to work in a faster growing economy. The SNP know that. Thank you. In all my 69 years I’ve asked myself could my standard of living been better and I always think yes. if the Scottish government is the seat of power for those industries then they will want to be close to the seat of power – and maybe a 3% corporation tax cut will encourage then (to pay it as well as locate here). How Rich the U.S. Is Compared to the Rest of the World, Visualized. There was a very slight increase for males in England but decreases for males in Northern Ireland and males and females in Wales similar to those seen in Scotland. The economy of Scotland had an estimated nominal gross domestic product (GDP) of up to £170 billion in 2018. the answer is none and they have been widely criticised for not seeing up an oil fund to reinvest in the future as Norway have done and as the Scottish government will do. 31. That it is not is indicative of the democratic deficit that exists in modern Scotland. It is an accepted fact that every year for 30 years Scotland has generated more tax revenue per head for the UK treasury than the rest of the UK. […] issues, or “Mohammed Al-Sparkeh” for Pakistan?) So big that Scotland has two bank holidays following it, not just one. Scotland’s budget is set as a % of spend in England’s, so if the NHS in England continues to be privatised at the same rate as under both Labour and Conservative / LibDem Governments then the budget to run the NHS is Scotland will be cut as they spend less on it in England. […] image comes from the Business For Scotland […]. Over the … Mysister-in-law who lives in Donegal, Ireland, still gets her British widows pension through my deceased brother’s contributions,who was Scottish. I show how these concerns are valid irrespective of a worldview of economics i.e. Tories surprised as party donor backs Yes vote to boost Scotland’s economy, Why entrepreneurs have supported Scotland the Brief. I am also interested in Armed forces pension after independence. Unfortunately the ONS statistics for the south west region always mask Cornwall’s acute problems, one more statistic that may or may not surprise you is that together with the Welsh economy the Cornish economy has a net minus investment of roughly 300 million a year (reaearched by Kevin Cahill), and so far all calls (via Mebyon Kernow) for an explanation from westminster on this policy of fiscal rape have been ignored. It promotes hate, damages people’s health, and hurts democracy. Source: United Nations Office on Drugs and Crime I’m Scottish living in Scotland and leaning more and more to the yes side. Bad information ruins lives. You can judge a nation by the way it treats its most vulnerable citizens. We can build a Scotland which gets the best of both worlds from remaining in partnership with our friends across the British Isles in areas where we share mutual interests, but most importantly being able to shape our own economic future and maximise our own resources to benefit more Scots today and in generations to come through self-government. Totally agree that London and the south east are swallowing up the bulk of the wealth, i also am 100% behind the campaign for Scottish independence. YES for Scotland! I just want what is best for my family, yet I can’t help feeling a little duped (not by number’s, your statistics show that), but by coincidently having extra money put into health/fitness/sports in the year we have the Commonwealth Games to hopefully generate a buzz if Scotland win some medals or letting 16 year old’s vote for the first time ever. The same asymmetric gains and losses apply to the attraction of corporations: more jobs and more tax for iScot; less for the peoples of rUK and other losing nation-states. Hope you’ll consider adjusting your article or finding a better map for your aims. Data is originally sourced from either criminal justice or public health systems. 1158683) and a non-profit company (no. I would be amazed! Official statistics show that Wales and Scotland, despite being the two least densely populated countries in the union, have a higher number of coronavirus cases per capita.The story with testing sees Scotland far behind England in ramping up testing rates. Must be accepted that any economic gains from oil are currently enjoyed the!, determination and the NHS would be a HTML linking error to no... That Scotland has two bank holidays following it, not just the south east specifying cities Tank Jimmy. I sill get my Civil Service or who paid UK contributions slightly smaller than.. 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