Wings Over Scotland

So we’re pretty embarrassed that we’ve only just put these two things together. We’ve been spending a fair bit of time recently pointing out that there’s almost no chance of the Barnett Formula – in essence, a mechanism for returning to Scotland some of the excess money it sends to Westminster in the form of oil revenue and tax receipts – being retained after the next UK general election.

We’ve also spent a good six months highlighting that the possibility of Holyrood being given “more tax powers” after a No vote is actually a trap, not in reality offering more power at all, but more responsibility. (Because it does you no good to have to collect your own tax revenue – the power lies in deciding how your tax revenue is spent.)

And duh, it’s taken us till now to see the connection. Boy, is our face red.

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You may have read today that “Better Together” is planning a major “newspaper-style” leaflet drive for the release of the White Paper next week. Thanks to our ever-alert spies in the No camp, we’ve managed to secure a leaked copy of the text. You can read it below.

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That’s how often they tell us.

“The Barnett Formula, under which Scotland, Wales and Northern Ireland receive more public spending per head than England, has long rankled south of the border. Even Joel Barnett, who was chief secretary to the Treasury when the system was introduced in the Seventies as a temporary measure, subsequently disowned it.

 If the Scots vote to remain in the UK, as we hope they do, it cannot be as a result of a bribe from the English. A few years ago, the Calman Commission recommended scrapping Barnett, reducing income taxes in Scotland and then allowing Holyrood to levy its own rate on top, introducing an enhanced element of accountability and fiscal self-governance.

Such reforms should be openly debated ahead of the referendum: for the Scottish people are entitled to know that even if they vote to stay in the UK, the current method of financing public spending should not be allowed to continue.”

Our emphasis, from today’s “Telegraph View”.

The Barnett Formula is worth, by our sums, approximately £7bn a year to the Scottish economy. Bear it in mind when you’re being told about the “black hole” in Scotland’s finances after a Yes vote, because even if you vote No you can wave bye-bye to Barnett, and then Scotland really WILL be looking into a black hole.

We’re getting fair warning, folks. Pay heed.

Let’s make this one as short as possible. This week’s latest comedy FEARBOMB from the No camp (well, one among many) was a topically Doctor Who-themed repeat of one of their classics – “You won’t get the BBC after independence”.

We pulled that one apart in detail almost a year ago, but let’s see if we can boil it right down to the bare undisputed facts for easy quick reference.

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It’s already been in the comments, and it’s all over Twitter, but it’d be remiss of us not to give as many people as possible the chance to enjoy this.

Blair McDougall’s a big Rangers fan. See if you can spot him anywhere.

We’ve had a closer look at the Institute for Fiscal Studies report from this week.

Basically, the conclusion of the report is that if an independent Scotland continued to do exactly the same things over the next 50 years as the UK does now, it would have to grow its GDP by 1.9% to cover a predicted fiscal gap, while the UK would only have to grow by 0.8% to cover a similar gap. According to the IFS, this 1.9% shortfall would mean a 6% cut in services or a hike of 8% in income tax in an independent Scotland.

However, close reading of the small print in the IFS document highlights facts and forecast figures that appear to contradict the IFS’s argument and instead point to a situation where an independent Scotland would actually be in a similar fiscal position to the UK. Confused? Yes, so were we.

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Visiting Scotland by train has always been an uplifting experience for me. There’s something very special about crossing the border into Dumfries and taking in those spectacular vistas as the train rumbles northwards. I’ve always considered this wonderful and spirit-enhancing landscape to be a metaphor for Scotland itself, full of glorious potential just waiting to be realized.

This journey also takes us through the lands of “Yr Hen Ogledd” (the old north), the heartland of the old Brythonic language, the prototype of modern Welsh and the seven kingdoms which established themselves in the intervallum of several centuries after the Romans left these shores in 400 AD.

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There’s pretty much nothing about Labour’s latest fearmongering anti-independence leaflet (revealed exclusively by us on Tuesday night) that doesn’t make us facepalm.

The only difficult thing is deciding which aspect is the most idiotic.

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Here’s the Labour First Minister of Wales, Carwyn Jones, one year ago:

“Asked if he could see Barnett reformed without touching the current generous allocation of funds to Scotland, Mr Jones said:

‘It would be difficult to envisage a situation where there would be widespread Barnett reform with an independence referendum pending in Scotland, and with a Scottish Chief Secretary to the Treasury I think that’s unlikely. The problem has been in years gone by that you can’t address the Barnett Formula unless you address the whole of it.’

The First Minister said it was difficult to predict a timescale because there was no timetable for the first step – Barnett reform. Asked whether he got a sense from Danny Alexander that he had an appetite for reform, Mr Jones said:

‘No, I don’t – and I can understand why. He’s a Scottish Chief Secretary to the Treasury. Reforming a system that wouldn’t help Scotland is not something that would be high on his agenda. I certainly can’t see it happening before 2014 and the Scottish referendum.‘”

Jones is all over the papers today with his bizarre delusions-of-influence assertion that he would have some sort of veto over a Sterling currency union between the rUK and an independent Scotland (“Wales could block efforts by an independent Scotland to join a pound-sharing pact”, reports the Scotsman).

For perspective, imagine Alex Salmond being given a veto over the result of a UK referendum to leave the EU. Stop laughing, the article’s not finished yet.

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We’ve already had a message from the future today. Here’s one from 101 years ago.

Click to see the full story, and heed the tale well, jam-tomorrow fans.

We’re busy watching the mostly-inspiring equal marriage debate at the moment (Ruth Davidson’s speech was especially good), so in the absence of a more substantial post here’s our Unionist Of The Day – the failed Labour candidate, and still a Labour councillor, for Aberdeen Donside, Willie Young.

Looks like you dodged a bullet there, Aberdeen. The rest of you we’re not even going to talk to any further, because you’re plainly not real.

Keen media watchers could have been forgiven for stifling a yawn this week as the Scottish press leapt eagerly on a think-tank report which bravely professed itself able to see no less than half a century into the future of the Scottish economy.

The Scotsman’s take was fairly typical. But it had a certain ring of deja vu.

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