Does Scotland wish to go for full independence? It could become a socialist ghetto, which links into the euro, delivering high inflation, low growth and a large unfundable balance of payments deficit.
England would swing blue. Sterling’s position as a reserve currency would grow. Our economy would benefit.
The position of the Army and the Navy would be greatly complicated though, if we lost important naval bases, RAF stations and some of the Army’s oldest regiments. There are many unanswered questions as to how these issues would be handled.
Or will Scottish indpendence be like the hunting ban – a great vote winner which will be run for a long time as a promise – and then not fully implemented?