Analysis published by Chief Secretary to the Treasury Danny Alexander today (Wednesday 28 May) shows every Scottish man, woman and child benefits from a £1,400 UK Dividend as part of the UK.
This is because an independent Scotland would have lower tax revenues and higher spending driven by:
the gap in its public finances on day one of independence
the uncosted policies of the Scottish government
higher interest payments on government debt
declining oil revenues
an ageing population
Compiled by the Treasury over 18 months and based on independent forecasts and modelling, this is the most comprehensive analysis of the fiscal position of Scotland yet produced and sets out the scale of the UK Dividend for Scotland.