Whatever operational option an independent Scotland would choose, the conceptual details would be the same: a sovereign government cannot default and faces no financial constraints. Taxes would not have to be raised, and spending would not have to be cut, unless there was a political decision to do so based on the political will of the population.
Surely if Brussels has any real part to play in this debate it must be in persuading its members that harmonising their tax systems to a much greater degree than at present is to their mutual long term benefit.
Alex Salmond's Scottish independence plans have received a fresh blow as research found that most financial experts in Britain
Scottish Coal has announced it is in liquidation with the loss of almost 600 jobs. The company operates six open-cast coal
Drinks giant Diageo has unveiled plans to invest £1bn in Scotch whisky production, creating nearly 1,000 jobs, amid surging
The prospect of an independence referendum is damaging the Scottish economy, George Osborne has claimed. Speaking to the