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by snowwindwaves 4562 days ago
I believe Scotland receives money from the uk which they would not if they separate. A similar situation for Quebec and Canada.
2 comments

Scotland receives money from the UK in roughly the same proportion that the UK borrows money from gilt investors. Scotland would certainly have a budget deficit after independence, but not out of proportion with its size.

What interest rate they would have to pay on that debt is a different question...

Scotland receives money from the UK government in the form of a block grant. Scottish companies and residents also pay taxes to the UK government. At this point in time, Scotland contributes more in taxes than it receives through the block grant.
Incorrect, or at least misleading, depending on your terms of reference.

Fact check: http://www.bbc.co.uk/news/business-16477990

No, it's not. From your linked article:

The basic facts are that Scotland accounts for 8.4% of the UK population, 8.3% of the UK's total output and 8.3% of the UK's non-oil tax revenues - but 9.2% of total UK public spending.

In other words, "if you ignore one of Scotland's major economic outputs."