Research and analysis

Scotland analysis: Fiscal policy and sustainability

This analysis shows how the UK鈥檚 fiscal union enables all regions to pool financial resources and benefit from shared public spending.

From:
HM Treasury, Office of the Secretary of State for Scotland, Office of the Advocate General for Scotland and The Rt Hon Danny Alexander
Published
28 May 2014
Last updated
28 May 2014 鈥� See all updates

Documents

Ref: ISBN 978-1-4741-0230-8, Cm. 8854

PDF, 1.21 MB, 79 pages

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Ref: ISBN 978-1-4741-0229-2, Cm. 8854

PDF, 1.36 MB, 84 pages

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Details

This is the fourteenth paper in the Scotland analysis series and examines the outlook for Scotland鈥檚 public finances and the financial implications of independence for Scottish households and businesses.

It finds that Scotland鈥檚 future public finances would be substantially stronger were Scotland to remain part of the UK. This conclusion is consistent with findings from independent experts such as the (IFS) and the (NIESR).

The analysis concludes that the benefit for people in Scotland of remaining part of the UK 鈥� the 鈥楿K Dividend鈥� 鈥� is worth around 拢1,400 per person per year over the 20 years from 2016 to 2017. This is the amount per year that each person in Scotland would be better off by, from lower taxes and sustained public services as part of the UK.

Updates to this page

Published 28 May 2014
Last updated 28 May 2014 show all updates

  1. Print file added

  2. First published.

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