exploit that Scotland and Wales both feature separatist parties, but only an independent Scotland would profit from oil …

In this report, we examine the long-run fiscal pressures that an independent Scotland may face, how these would differ … from those facing the UK, and the size of the fiscal consolidation that may be required to put Scotland's public finances … on a sustainable path. We do this using a model of the UK's and Scotland's long-run public finances, which is constructed …