Nicola Sturgeon to lay out economic and currency plans for independent Scotland
17.10.2022 - 07:11
/ dailyrecord.co.uk
Nicola Sturgeon is set to lay out her economic and currency plans in an independent Scotland later today with opposition parties accusing her of "fantasy economics and wishful thinking".
The First Minister will deliver the Scottish Government 's latest paper in the Building a New Scotland series which aims to give voters how the country would look like if it voted to leave the United Kingdom.
Scottish Labour 's finance spokesperson Daniel Johnson hit out at the SNP leader saying breaking away would have "catastrophic" circumstances.
He said: "The SNP need to drop the spin and come clean with people about the catastrophic reality of their economic plans."
The paper will address a number of issues that are likely to arise in an independent Scotland from European Union membership, migration, currency and as well as border arrangements.
Sturgeon, who wants to hold another referendum on October 19 next year, will hope her announcement from Bute House will help to persuade Scots who are still undecided.
She said: "Scotland has an abundance of skilled people, innovative businesses, and natural resources. We have everything it takes to be just as successful as comparable independent European countries. Our analysis from the first paper in the Building a New Scotland series shows that a dynamic economy and social justice go hand in hand. Each makes the other stronger. Increasingly
“Scotland’s economy is one of the best performing in the UK – however the UK economy, particularly post-Brexit, is now lagging many EU and international comparators.
"The UK economic model is demonstrably failing and increasingly holding Scotland back. Independence is now essential to build an economy that works for everyone. The paper we are publishing