YOU COULD OWE £6,000 MORE IF SCOTLAND BECOMES A “NEW” STATE!
Although the English Democrats and the Campaign for an English Parliament are in some sense sister organisations, we haven’t always seen eye to eye on every issue, but the Campaign for an English Parliament has kept going over the years campaigning for proper and fair constitutional recognition for England. It has recently made two submissions to the House of Lords Committee’s Inquiry on the implications for the “rest of the UK” if Scotland goes independent.
The second submission looks critically at Nicola Sturgeon’s submission on behalf of the Scottish Government, in which she made it clear that the SNP’s negotiating position on the question of Scotland being a new State is going to be that in that case Scotland is not liable for the UK’s debt.
My suspicion is that Alex Salmond and his team have thought very carefully about what they put in their proposal for Scottish Independence and included in it several tank traps which they fully expected the arrogant and ignorant and unprincipled, short-termist Westminster politicians and British Political and Media Establishment to fall into.
Such a one is the question of Scotland keeping the pound and having involvement with decision making at the Bank of England.
All three Establishment parties conspired together to attack this proposal at the same time. They obviously hadn’t thought through their position. Because by arguing that there could be such a thing as the “rest of the UK” (rUK) and that Scotland would be a new State (and therefore said that they would have to apply for all sorts of things that the SNP wanted, like being in the EU), they failed to realise that by making that attack they were arguing that under International Law, the new State of Scotland would not be liable for any of the old State’s liabilities.
So in effect, Cameron, Clegg, Osborne, Balls and Miliband have managed to argue that constitutionally the new Scotland should not be liable to pay a penny for its share of the British Government’s debt. Not even for the billions spent under Gordon Brown and Alistair Darling for propping up Scottish banks!
Recently a long-standing member of the Party has sent me in a letter that he has had from his MP, Danny Alexander, the Scottish Liberal Democrat, Chief Secretary to the Treasury, who in his letter says that Scotland’s share of the British Government debt is £120bn. However I think it is worth looking at the good work that the Campaign for an English Parliament has done in reply to Nicola Sturgeon’s submission to the House of Lords inquiry.
Below is the article and here is the table that the CEP have prepared.
It looks like the incompetence of the British Establishment is likely to land all those of us in England, Wales and Northern Ireland with an additional debt of £1,737 for every man, woman and child. Perhaps even more realistically that would be approaching £6,000 extra for every English tax-payer.
If you are not keen on Scottish Independence you might feel further disgruntled if you take notice of what has happened to the opinion polls since the concerted attack on the SNP over this: Support for Scottish Independence amongst those likely to vote has increased quite considerably. So not only have Lib/Lab/Con probably landed us with larger bills but they have also failed in their objective of reducing support for Scottish Independence! What a brilliantly effective tank trap that was Alex!
Here is the article:-
Debt bombshell if Scotland quits UK
TAXPAYERS from England, Wales and Northern Ireland are in line for a £1,737 debt bombshell if Scotland quits the UK, campaigners have warned.
Alex Salmond has said an independent Scotland would walk away from the UK’s massive national debt if it is blocked from sharing the pound.
The UK owes around £1.2TRILLION – equivalent to £18,993 per head if shared equally among UK nations, the Campaign for an English Parliament said.
But if Scotland votes “yes” in September’s referendum, the individual debt burden would rise to £20,730. This would likely lead to more cuts to public services or rising taxes as the Government battles to get the UK’s finances under control, the group claimed.
Its stark warning is laid bare in written evidence submitted to the Lords Constitution Committee, which is exploring the constitutional implications of Scottish independence for the rest of the UK. Chancellor George Osborne has rejected the prospect of Scotland keeping the pound if it becomes independent. He is backed by Labour and the Lib Dems.
But last month Scottish First Minister Mr Salmond warned that his decision would “backfire spectacularly”. The SNP boss said Scotland would only take on its share of the national debt if it kept a slice of “shared UK assets” like the currency. “All the debt accrued up to the point of independence belongs legally to the Treasury,” he warned. “And Scotland can’t default on debt that’s not legally ours.”
Eddie Bone, director of the Campaign for an English Parliament, said it was clear Scotland could legally get out of paying its share of the UK debt. “I have no doubt that will impact on our public services and possibly lead to higher taxes in the rest of the UK,” he said. “The English need to be given their own political voice so they are able to protect their assets.”
Britain’s national debt currently stands at just over £1,200,000,000,000 and is rising. As of 2011, there were 63,181,775 people living in the UK. That means a debt cost per head of £18,993.
Without Scotland paying its £100million share (divided between 5.3m people), the cost per person in England, Wales and Northern Ireland rises to £20,730.
Some 84 per cent of the UK population live in England, while 8.4 per cent live in Scotland, 4.8 per cent in Wales and 2.9 per cent in Northern Ireland.
http://www.thecep.org.uk/2014/03/26/debt-bombshell-if-scotland-quits-uk/