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Monday 25 August 2014

Darling and Salmon go head-to-head on TV

See http://www.bbc.co.uk/news/uk-scotland-scotland-politics-28929057 .

I have no strong opinions on an independent Scotland: it is up to the Scottish people to decide, although I think an independent nation will present all sorts of challenges in the years ahead. They would have the benefit of low energy costs (mainly hydro when the oil runs out) but they will face currency difficulties and their wealth creation sector is small. Tonight's debate could be crucial to sway voters still undecided. An independent Scotland would not be a disaster for England, although such an outcome is likely to leave Scotland much weaker in the end.

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