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Soon there’ll be no Scottish economy left to fight over

Scotland Independence rally
Supporters of Scottish independence at a rally in 2013 before the last referendum Credit: Jeff J Mitchell

Nobody will be able to sip vintage single malt Scotch on the banks of the Loire. They won’t be getting dividends on their Edinburgh managed pension fund in Baden Baden, nor savouring wild salmon from the Highlands in Barcelona or Basel.

To listen to the Scottish First Minister Nicola Sturgeon for the last week, you’d assume that the economy was about to be wiped out as her country gets dragged out of the single market – and that the only way to avoid that is for the country to breakaway from the UK and throw in its lot with the EU instead.

But hold on. That is complete nonsense. In fact, the EU is largely irrelevant to the Scottish economy. The real problem is that the uncertainty created by the SNP’s posturing over Europe, along with its increasingly anti-business policies, means it’s starting to woefully underperform compared to the rest of Britain. At this rate, there soon won’t be much...

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