Research and analysis

Scotland analysis: Fiscal policy and sustainability

This analysis shows how the UK’s 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 — See all updates

Documents

Scotland analysis: Fiscal policy and sustainability

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

PDF, 1.21 MB, 79 pages

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Scotland analysis: Fiscal policy and sustainability (print file)

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

PDF, 1.36 MB, 84 pages

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Details

Use our tool to explore how Scottish independence could affect your home, work and family

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

It finds that Scotland’s 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 Institute for Fiscal Studies (IFS) and the National Institute of Economic and Social Research (NIESR).

The analysis concludes that the benefit for people in Scotland of remaining part of the UK – the ‘UK Dividend’ – is worth around £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.

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

1. 28 May 2014

   Print file added

2. 28 May 2014

   First published.