Treasury: Scottish people '£1,400 a year better off in UK'

Scottish people will be £1,400 a year better off if the country remains in the UK, Chief Secretary to the Treasury Danny Alexander said. However, the Scottish government claimed an independent country could be £5 billion a year better off.

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Independent Scotland 'could be £5bn a year better off'

New analysis from the Scottish government claims the country could be £5bn a year better off by 2029 if it becomes independent from the UK.

The Outlook for Scotland's Public Finances says Scotland would start life as in independent nation with "strong and sustainable" finances - contrary to what has been claimed by British Government minister.

The document also claims that a lowering in Scotland's debt would enable a future government to push ahead with a savings fund for the country's oil revenue.

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