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Monday, March 23, 2015

Did Scotland Have a Narrow Escape?

Well those who voted against Scotland Partitioning from the UK may indeed have saved the Country.

Should the vote have carried, not only would Scotland have had to put up with Trident moving South, the RBS possibly moving its Headquarters (and other businesses); but also Oil prices falling by 60% - which would have decimated oil revenues to the Scottish Exchequer.

How would it then be able to manage its own financial affairs?

1 comment:

GIDEON MACK said...

Shame the Scots didn't vote to go it alone - good riddance - diminishing oil revenues - bad state of health (nationally) - surplus to requirement from an English standpoint.