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Nicola Sturgeon “has to make difficult fiscal adjustments” with “cuts and tax increases” | UK | News

Indyref2: Experts discuss Nicola Sturgeon’s referendum stance

Scottish First Minister Given a boost after her Scottish National Party (SNP) secured Holyrood in the Scottish Parliament elections and won a majority of one seat. Ms. Sturgeon has obliged her to hold a second Scottish independence referendum in the near future, but claims she did not do so until the country responded to the coronavirus epidemic.A recent poll released by former Prime Minister Gordon Brown cast a shadow over Ms. Sturgeon. Indyref2 But I hope.

According to a study commissioned by former Scottish future think tank, 58% of Scottish people say they are not fully aware of the impact of separation on issues such as the UK border and currency.

People were also concerned about Scotland’s post-independence security and defense, as well as the new tax policy and whether it could join the EU.

Taxation And fiscal autonomy was a drawback of the independence debate.

Ms. Sturgeon and her allies say the withdrawal will help Scotland gain sovereignty over domestic economic affairs.

Nicola Sturgeon: Scottish Prime Minister may be forced to cut spending and raise taxes (Image: Getty)

SNP: Her SNP was shy to one seat in the majority of Holyrood

SNP: Her SNP was shy to one seat in the majority of Holyrood (Image: Getty)

Still, her critics and stubborn Unionists argue that independence risks hurting Scottish people more than their political supporters.

Their fears appear to have been confirmed following a report released by the Institute for Government (IfG) in late April.

“Scotland will have to make difficult fiscal adjustments in the years following independence,” the report said.

IfG said the Scottish deficit is likely to be worse than the 7.7% of GDP reported in 2018-19. COVID-19 PandemicLast year’s impact “may be sustainable,” he added.

Just in: Eurostar: Britons rage as France pressures Britain to save

Scotland: The coronavirus pandemic has hit Scotland financially

Scotland: The coronavirus pandemic has hit Scotland financially (Image: Getty)

To reduce the deficit, IfG argued that the newly formed government of independent Scotland would have to impose a devastating combination of spending cuts and tax increases.

These are most likely targeted at real estate, such as land and real estate, as well as initiating policies to boost the economy.

The report states: Wales You may want to seek independence from Britain, or the people of Northern Ireland may want to be part of United Ireland.

“But one cost of doing so is that we will not be able to benefit from the resource redistribution that is currently taking place throughout the UK.

“The bigger their deficit, the harder it is for the case of independence.”

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Indyref2: The popularity of independence has fluctuated, but has grown beyond the pandemic

Indyref2: The popularity of independence has fluctuated, but has grown beyond the pandemic (Image: Getty)

Boris Johnson: Prime Minister repeatedly refused to entertain Indyref 2's ideas

Boris Johnson: Prime Minister repeatedly refused to entertain Indyref 2’s ideas (Image: Getty)

IfG acknowledged that it is difficult to clearly predict what the financial situation of independent Scotland will be, and that it will rely on negotiations with the British government on issues such as how much debt should be left in the country.

However, think tanks have stated the country’s current deficit level, coupled with maintaining the country’s current deficit level. Public spending If Scotland leaves Britain, it “will not be sustainable.”

He added that a difficult financial situation is likely to hit the UK as a whole and is expected to be much worse for the foreseeable future.

Ms. Sturgeon and her independence supporters hope that Scotland will be able to join the EU after separation.

Latest Sturgeon: Sturgeon became Scotland's Prime Minister after the 2014 referendum failed

Latest Sturgeon: Sturgeon became Scotland’s Prime Minister after the 2014 referendum failed (Image: Express newspaper)

This is especially noticeable given that Scotland has strongly voted to remain part of the Brexit referendum block.

Still, the famous historian Robert Tombs said that the EU Scotland Because more problems are worth than the country.

He told Express.co.uk: “It will cost EU money, Scottish people will expect to be subsidized by the EU, and Brock is becoming more and more reluctant to do it.

Ursula von der Reyen: Many argue that the EU will not accept independent Scotland in the block

Ursula von der Reyen: Many argue that the EU will not accept independent Scotland in the block (Image: Getty)

“Countries like Spain will also oppose this idea, because it again encourages the Catalans.

“I also think the EU will hesitate to do what seems to be truly unfriendly to major states like the United Kingdom in order to actually encourage the collapse of other states.

“Countries in other parts of the world are at war over such things. Of course, we don’t, but if you endanger a real relationship. EU It seemed to be trying to foster the collapse of Britain. “



Nicola Sturgeon “has to make difficult fiscal adjustments” with “cuts and tax increases” | UK | News

SourceNicola Sturgeon “has to make difficult fiscal adjustments” with “cuts and tax increases” | UK | News

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