The Cabinet Secretary for Finance, John Swinney, has been commenting on the latest report from Westminster on Scottish Independence:
"It will be no surprise to people across Scotland that out of touch unelected Lords think Scotland is too small and too poor.
“All the evidence, including in this report, shows Scotland is in a far stronger financial position than the UK as a whole.
"What the Lords fail to mention is that a No vote would see Scots, within the UK, responsible for over two trillion pounds of debt and liabilities worth 145% of GDP, significantly more than an independent Scotland would face under any calculation."
The Lords Economic Affairs Committee has criticised the UK and Scottish Governments for failing to be open with Scottish voters about the economic impact of a ‘Yes’ vote to Scottish independence in the 2014 referendum.
“We took evidence from both Governments, other key politicians, a wide range of businessmen, and business organisations, academics and other economic experts. Our Report is based on their evidence.
"Nearly all of them shared our concerns."
"We hope that our report provides a road map for all the key issues – single market, division of assets and liabilities, North Sea oil, currency, taxation and debt, international issues including membership of the EU and defence."
– Lord MacGregor, Chairman, House of Lords Economic Affairs Committee
Independence would "provide Scotland with the opportunity to capture and deliver faster sustainable economic growth, with greater opportunities to tackle key challenges in sustainability and inequality over the long-term", according to a report by The Fiscal Commission Working Group.
It described Scotland as a "wealthy country" which is "on a par with many other successful independent countries".
The panel of experts highlighted a number of key strengths in the Scottish economy, including the energy sector, life sciences, food and drink and tourism.
But it said the country faced a number of challenges "not least tackling the long-term growth gap between Scotland and other comparable countries".
It is clear that over the long-term, Scotland has not completely fulfilled its economic potential.
The government is making its case against Scottish Independence today.
David Cameron is releasing the first in a series of reports, highlighting how the UK and Scotland benefit from the union.
Speaking in an ITV Daybreak interview Stuart Maxwell from the Scottish National Party said the UK Government's report today showed a "breathtaking arrogance" over their "supposed" recognition of Scotland as an equal partner.