Spending warning for independent Scotland

An independent Scotland could face tough financial choices, according to the Institute for Fiscal Studies

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Analysis: IFS report is a 'stark message' for SNP

Scotland would face tough economic choices if it was to vote 'yes' in next year's independence referendum, according to the Institute of Fiscal Studies (IFS).

The IFS said the country would have to cut public spending and, or, increase taxes if it wanted to remain financial sustainability for the next 50 years.

Our Political Editor, Peter MacMahon, sent this report from Holyrood:

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