This is what I don't understand perhaps someone can explain it.
When Scotland was voting for independence it was asked many times on this forum how will they cover the "black hole" in finances?
But doesn't the UK as a whole have a similar black hole in it's finances or is the UK actually making more than it spends?
the uk isn't planning on turning round to the people it borrows money off and going "heh yeah we ain't paying you back...oh btw can we borrow some more?"