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Scottish Indpendence - Personal Finance Implications

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Comments

  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    Presumably you will need to be on the electoral register? Not everyone resident here has a vote at present. And they will need to register all the 16 & 17 year olds they plan to give a vote to.

    True I should have been more specific in that that you would need to be on the electoral register to vote.

    Mr Salmond has stated that they will introduce a bill to allow 16/17 year olds to vote and the Scottish government will pay for a registration program.
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
  • rpc
    rpc Posts: 2,353 Forumite
    As for expat pensioners.....if they don't want to live here, why should they have a say in our future?

    Ditto for SNP poster boy Sean Connery - loves Scotland so much he won't live here.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    rpc wrote: »
    As far as I know, most Scots agree with you. I certainly do.

    Labour kind of dropped the ball on that one and decided to look after themselves rather than do what was sensible or fair. I can't understand why the coalition haven't changed this.

    Me either. At first they were reeling from the state labuor left the country in, not sure what kind of excuse they have now.
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    I have no problems with more powers for each of the home nations,it could end up in a United States type model
    No you can't have a federal model, because England is 4 times the size of all the other bits put together, which means that English spending dominates the UK economy.

    It would be farcical to have a UK government trying to run the UK economy and a separate English government in charge of English public spending.

    The Blair plan was to break England up into regions. But the North East had a referendum on a regional assembly and said No.

    There's no best of both worlds here. Either Scotland's economy is run by Scotland, with all that this implies, or it's run by Westminster, with all that this implies.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • zagubov
    zagubov Posts: 17,939 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    pqrdef wrote: »
    No you can't have a federal model, because England is 4 times the size of all the other bits put together, which means that English spending dominates the UK economy.

    It would be farcical to have a UK government trying to run the UK economy and a separate English government in charge of English public spending.

    The Blair plan was to break England up into regions. But the North East had a referendum on a regional assembly and said No.

    There's no best of both worlds here. Either Scotland's economy is run by Scotland, with all that this implies, or it's run by Westminster, with all that this implies.

    Well London voted for a deviolved government (and a mayor) and it said yes (and I voted in it!).

    So that's a draw!:D
    There is no honour to be had in not knowing a thing that can be known - Danny Baker
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    rpc wrote: »
    Ditto for SNP poster boy Sean Connery - loves Scotland so much he won't live here.
    I expect they'll arrange for him to have a Scottish address to get on the electoral roll. Him and how many others?
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • zagubov
    zagubov Posts: 17,939 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    srcandas wrote: »
    Interesting theorectical discussion but it ain't going to happen unless Mr Salmon sees sense. The vote needs to be held in England then he'd have a good chance :rotfl:


    I mis-read this as interesting theatrical discussion. then i realised I haven't misread it at all! :rotfl:
    There is no honour to be had in not knowing a thing that can be known - Danny Baker
  • An interesting discussion, thank you all.

    To bring it back to my original post, I contacted Scottish Widows to ask what their plans were if the people in Scotland vote for Independence. Their reply was:

    "Scottish Widows is part of Lloyds Banking Group which is a British Company registered in London."
    "Until we know the outcome of the Scottish Independence referendum we are unable to advise on how this may effect our business."

    Maybe most financial service companies won't do anything until the referendum is over. But that just leaves customers with uncertainty for the next 2 years, and I can't see how that would be good for attracting new business.
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    "Scottish Widows is part of Lloyds Banking Group which is a British Company registered in London."
    "Until we know the outcome of the Scottish Independence referendum we are unable to advise on how this may effect our business."

    OMG, I hope their money management capabilities are better than their grasp of the difference between 'effect' and 'affect'
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