What do you think?
Paper says the SNP would look to boost exports.
That goes without saying as everything currently sold into the rest of the UK would suddenly be classed an export.
It’s claimed Scotland would e x p o r t m o re by value to Worcestershire than it does to China. Currently those goods going to England are traded with no tariffs or barriers of any kind within the common market that is the UK.
The SNP also promise streamlined regulation.
That seems sensible but they don’t explain how they’d achieve it.
The Coalition claimed they’d cut red tape but they are finding that lots of rules and regulations actually have a purpose. Some red tape business doesn’t want to lose.
Scotch whisky has been a huge success in recent years but the Scotch Whisky Association is not keen on independence.
That’s not least because, were Scotland to fall out of the EU – and despite the intervention of new president Jean Claude Juncker last week it’s still not clear how or when an independent Scotland would get into the club – it would lose its protected status. Massive markets like India and China would quickly Join the debate at the
discriminate against Independence on Trial
it, in favour of homesection of our website: g r ow n products, www.sundaypost. through their tax com systems.
And, even if Scotland did have a rational regime of regulation, any business looking at where to locate would have to weigh up what was more attractive – Scotland’s streamlined oversight or the remaining UK’s 55 million consumers, 10 times that of Scotland.
And that’s the rub for an independent Scotland.
The White Paper offers all sorts of sweeties to business along with vague promises to “boost and diversify” the economy and encourage more manufacturing and innovation.
But businesses exist to make money and, since there are more people in England, that’s where many of them will want to go.
A survey earlier this year found around one- third of companies would consider relocating in the event of independence.
A l re a d y, Ed i n b u rg h - b a s e d finance firms are setting up socalled shell companies registered in England.
If there’s a Yes vote they just switch their head office over the border and it is, quite literally, business as usual. That has led to warnings of employment Armageddon in Edinburgh.