The report in brief

Independence modelled on increasing “population, participation and productivity”

A GDP increase from 1.1% in 2017 to 2.5% within a decade, then 3.5%

Such levels would increase annual tax take by £9bn, with a £4,100 per person boost to economy

Scotland to use sterling for a “possibly extended transition period” and a Scottish currency only pursued if six tests are met

Borrowing to be kept low to ensure credibility and public debt no more than 50% of GDP

Aim to save £1bn from UK spending programmes from comprehensive spending review, not including defence

Spending increases less than GDP growth in real terms to bring deficit below 3%

£5bn “annual solidarity payment” to be paid to rest of UK to cover share of debt

Income tax relief for skilled workers to make Scotland most welcoming country in world for immigrants

Corporation tax will not be increased above UK level, but no low tax economy

£90m per year for five years set-up costs including central bank, intelligence agency, defence force

North Sea revenues assumed to be zero, with Fund for Future Generations

Securing frictionless borders with rUK and EU a “top strategic priority”

Doubling exports to 40% of GDP a “reasonable target”