Herald letter – GERS (No £)

YOUR correspondents (Letters, August 24) are quite right to point out the detrimental effects of the referendum vote to leave the EU.

At the same time, it is even more important to imagine the catastrophic outcome if Scotland had voted in September, 2014 to leave both the UK and the EU in March this year.

Likewise, we can foresee that if the First Minister is misguided enough to secure a further independence referendum, business confidence in Scotland will go through the floor as the prospect of still more instability and the loss of fiscal transfers (as shown in the latest GERS figures) loomed.

It would be better if Nicola Sturgeon dropped the idea right now; to do otherwise displays a boneheaded dogmatism which flies in the face of the available evidence.

Peter A Russell,

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s