The Caithness Business Index has posted the following article:

The Fiscal Position Of Scotland, Wales And Northern Ireland

[IMG][/IMG] The Institute for Government Think Tank look at the potential for the fiscal position if 3 nations breakaway from the UK With just days to go until critical elections in Scotland and Wales, and with support for independence growing in both nations, this report shows that breaking away from the UK would leave Scotland, Wales and Northern Ireland facing sizeable fiscal deficits. Even in 2018/19, before the Covid pandemic, Scotland ran a deficit of over 7% of GDP - well over twice the 3% level mandated for those hoping to join the EU, and far higher than the English deficit in that year of 0.3% of GDP. [Read Full Article]