Guest 1342- Registered: 10 Sep 2014
- Posts: 7
I would take issue with your use of "subservient" as it implies a demeaning role. All parties in a currency union would be subject to this restriction which is what Mike Carney said. As I said it does not worry our EU friends in the Euro. The rUK would suffer if Scottish assets were removed and their rating would suffer.
Jan Higgins- Location: Dover
- Registered: 5 Jul 2010
- Posts: 13,658
I wonder how many Scots will return to their homeland should there be a Yes vote or will they stay in what will remain of the UK.
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I try to be neutral and polite but it is hard and getting even more difficult at times.
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howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
Another complication as 300,000 live in London alone. They will need to get a Scottish passport to visit relatives north of the border and return afterwards,
I doubt many will return to work as many jobs will be leaving to come South.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Scotland could continue to use sterling but would have no control over monetary policy unless it imposed controls over cross-border transactions. More sensible would be for Scotland to issue its own currency and then perform a modest competitive devaluation and raise interest rates to 5%.
I do not accept the view of the No camp that Scotland can't prosper outside the Union; were I a Scot I should probably vote Yes.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Bob Whysman- Registered: 23 Aug 2013
- Posts: 1,919
Among other considerations of course when/if a yes vote 'wins', is the security issue. Nuclear sub bases not wanted in Scotland, 'friends', from abroad offering an alternative security alliance.......other than the financial implications there are many, many more important issues to consider.
Do nothing and nothing happens.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
There are a lot of questions unanswered but the latest opinion poll shows a lead of 6% for the no vote, i suspect job fears could be the cause.
Guest 1342- Registered: 10 Sep 2014
- Posts: 7
Much of what is discussed here is sheer speculation and the answers will come from the negotiations which will take place between Team Scotland, as Alex Salmond puts it, and rUK between the result of the vote and Independence Day. A few points however: It is not so much the Trident Subs but the nuclear weapons which will be difficult to move and these will require negotiations with the US as they own these weapons which are stored separately to the subs. Peter is right in what he says and if currency union talks fail there are three other possibilities for Scottish currency (Plans B,C and D if you like) which includes a Scottish currency. As for passports then Scotland would issue their own passports. If Scots decide to stay in rUK then would they not use their rUK passport to visit foreign countries. I would remain here with my English wife and like many others would apply for a Scottish passport as indeed would my wife. Dual nationality like my daughter who has UK and NZ passports. Likelihood is that passports would not be required for travel between England and Scotland, similar to the Ireland/ UK situation. As far as jobs coming south it has ben announced that RBS (80% owned by the UK government), Lloyds Bank (30% owned by the UK government) would move their Holding companies south but that would be relatively few jobs. This could well be a political move prior to the referendum. Standard Life are considering their options but have a track record of this in past referendums.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Moving the domicile of a holding company is a paper exercise which involves filling in a Companies House form and passing a Board resolution. Scotland has no separate stock exchange so all Scottish publicly quoted companies are already listed in London.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 1342- Registered: 10 Sep 2014
- Posts: 7
The poll was held before the Three Amigos travelled to Scotland but I believe the Yes vote was the highest ever with this polling company. The trend is still to Yes. But bear in mind this result is still within the error margins. No new job creation initiatives have been revealed by the three UK leaders. All that is on the table is a timetable but no trains.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Good analogy Paterjack. Some reports say that the 3 Amigos have boosted the Yes vote.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
The bookies have the "Better together" brigade at 2/9 favourites but a boost for the yes vote is that the supreme leader of North Korea has given them his backing. He can't be any less popular in Scotland than Dave.
Incidentally if one side wins by a handful of votes it seems a step too far because there will be no going back on the result.
Guest 1342- Registered: 10 Sep 2014
- Posts: 7
That is what first past the post is all about. You accept the result and move on.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
Makes eminent sense to me and yes Scotland will be after membership of the EU which they will find much, much worse than their link to England.
Roger
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
roger,you paint a picture of doom and gloom.lighten up a bit and keep politics out of it.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
Next, Asda and John Lewis are among those claiming that costs therefore prices will rise if Scotland votes yes, i can't work out why.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
First we had Dave and Ed helping the yes campaign, today we hear Nigel Farage is heading for Scotland.
Jan Higgins- Location: Dover
- Registered: 5 Jul 2010
- Posts: 13,658
The latest poll shows a swing to the No vote, seems we might be stuck with them after all.
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I try to be neutral and polite but it is hard and getting even more difficult at times.
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Guest 1342- Registered: 10 Sep 2014
- Posts: 7
The supermarkets are perfectly entitled to reprice if Scotland becomes a different country but if they increase their prices then no doubt the market will come into play and Aldi and Lidl, Europe wide retailers, could well find it to their benefit as would any Scottish supermarkets. Some businesses disagree with the supermarkets e.g. Weatherspoons. A year or so ago, many of the supermarkets were denying reports of price increases in an indy Scotland. What has changed? Oh, a meeting at No 10?
On EU membership nobody can say for sure but ponder this. Has the EU ever thrown existing citizens out? Remember Scots, of all origins, are already EU citizens so it is more likely that the EU will negotiate new terms for the Scots after a Yes vote, while they still remain EU citizens. Remember also that Scotland, like the UK, would be one of the few net contributors to the EU. Still think they will be thrown out? One last point, East Germans were admitted to the EU simply by joining up with West Germany again. They were not EU citizens at the time but they are now.
Jan, the latest poll (ICM) is actually 51-49 to No, but I think this is a swing back to Yes. Perhaps you are thinking of the Yougov poll at 52-48 to No. You might just get rid of these Jocks, you never know, well you will on the 19th.
Guest 714- Registered: 14 Apr 2011
- Posts: 2,594
Paterjack, are you a Scotsman living in Dover?