Recently Greggs the bakers and Spar have gotten into hot water over individual stores’ management and members of staff turning Scottish banknotes away. In the past this irked us, but we dealt with it.
Is there anything we can do about this? Not really. In Scotland we can opt to remain in the EU by gaining independence, but short of this we are very much tied to the economic realities of the UK.
Outwith the common market the UK now faces both a tariff wall to Europe – making our exports about ten percent more expensive abroad – and a devalued pound – making what we import more costly.
Brexiteers have imagined that this success has something to do with the magic and romance of London, that the tourist haunts of Buckingham Palace and Tower Bridge have acted as a money tree attracting astronomical sums of money to Britain.
Like every other newly independent country Scotland would have its own currency, and that currency would be valued in relation to the assets and product of the nation.