well I dont necessarily agree with that but i will say that it does seem like English nationalism is very suppressed, e.g yesterday was st george day we should have a bank holiday
Are there any statistics for the revenue North Sea oil brings in? I've had a quick google but can't find anything concrete.
I do. I think about it each time a thread like this pops up.
and it's going to get much worse as the hard facts and fictions of the potential referendum result draw closer to reality.
everything is here:
http://www.gla.ac.uk/media/media_273150_en.pdf
it's not quite final.
it includes as much as is finalised and discusses the OBR's own results but also discusses the projections that the SNP raised.
We have an honorary bank holiday for St Andrew's day but no one is compelled to comply with it.
It's what you make of it, not time off work and businesses closing. English nationalism is suppressed, when it was expanding Empire it was very strong, in trying to appease the effect of that - especially during decline - it in effect sacrificed it for a larger ethos to maintain those gains. Very simply, imo.
I wouldn't rely on CPPR too much.
HMRC, Treasury and Scottish Government would be better.
everything is here:
http://www.gla.ac.uk/media/media_273150_en.pdf
it's not quite final.
it includes as much as is finalised and discusses the OBR's own results but also discusses the projections that the SNP raised.
I wouldn't, but then it's not really about you or anyone else who doesn't live in Scotland. Most Scots wanted a referendum, even the political opposition in Holyrood at varying points called for a referendum.
Scotland voted for it, and it's going to get it.
That you all find this incredibly sad is quite patronising towards the issue and disconnected from the political theatre in Scotland.
Instead of the frowns, why not take the time to eloquent your disappointment in positive terms as opposed to depression?
I saw similar things but thought it wrong. Quite frankly c£11bn isn't that much in the grand scheme of nations, I would take from that North Sea oil isn't as significant in the overall economy than is made out to be.
Sometimes I think people overestimate the support the oil provides, worrying if the public see that as a major issue in the debate.
I saw similar things but thought it wrong. Quite frankly c£11bn isn't that much in the grand scheme of nations, I would take from that North Sea oil isn't as significant in the overall economy than is made out to be.
Sometimes I think people overestimate the support the oil provides, worrying if the public see that as a major issue in the debate.
It would, without North Sea oil value the pound would devalue causing further problems for an economy not well placed to take advantage of that circumstance.
Oil has only ever had a positive effect on Sterling, it largely helped the rise when the UK was otherwise economically stagnant. There is no doubt in that.
There is every benefit to the UK in keeping Scotland in a currency zone, without Scottish resources the pound would devalue accordingly. Having an overarching currency agreement keeps our combined wealth and value together, we save on a long transition and the rUK broadly keeps the value of its own currency in line with now.
If you find inconsistencies then bring them to the fore otherwise the is the best document for the argument and does the SNP no favours.
ah yeah see thats what I saw on tv, pretty much the oil boom was exactly at the same time thatcher was in, so really there is argument as to whether she really did help pick up the economy or just squandered all the oil. Why is governments so dumb that they cant put aside some money for rainy day.
Also i would say its not fair just to lump people against Scottish independance into all being scaremongering. People like myself have genuine view that we are pretty much family and should stick together.
you should have taken the time to read the quote I was replying to:
"Does anyone else not think it's sad seeing this whole independence debate create an us and them attitude that wasn't really this bad before?"
- the answer is still: yes, I do
it is significant (between 2 and 4% of UK GDP I think )
I share your pov to an extent but many in the late 70's and early 80's considered that period to be pouring lol
I haven't, but by in large that's what the campaign itself has been throwing out and a fair amount of the unhappy posters here.
So, it has nothing to to do with balance of payments as you originally said.
We've been actively trying to devalue Sterling since the crash, as have most other nations. Having currency inflation induced by exports from another nation is not helpful. Nor is having a currency linked to the price of oil when you're not an oil exporter.
There's no appetite for a currency union in the UK, and that doesn't just apply to Scotland. Scotland must respect the wishes of the UK, the same as the UK will respects Scotland's decision on it's status in the union.
Besides, if Scotland wishes to use Sterling after Independence there's little can be done to stop them. And if what you say is true (which I don't believe it is) then the UK will get the "benefits" of higher Sterling prices without having to be bound by a formal currency union.