Introduction. Background Of Scotland’S Union With The Uk.

Introduction Background of Scotland’s Union with The UK The debate on Scottish independence has been going on for centuries, and has continued long after Scotland joined the United Kingdom in 1707. â€Å"Suspicion and mistrust† between England and Scotland initially prevented a â€Å"union throughout the 17th century† (Johnson, 2014). The Scots had feared that they would become irrelevant within the UK, whereas the English felt that the Scots may â€Å"take sides with France† and rekindle the â€Å"Auld Alliance† (Gallagher, 2016). With Brexit putting Scotland’s access to the Single market at risk, there has been an intensified push for a Scottish referendum. Delving into the reasoning behind a pro-independence stance allows us to gain an understanding of†¦show more content†¦Fiscal Stance Currently, England has been using â€Å"Scottish oil reserves for its own benefit†. As an energy-rich country with â€Å"24 billion barrels of oil to be extracted from the North Sea† (Calder, 2013), Scotland has the potential to boost economic growth with a â€Å"second oil boom† of between  £6.9bn-7.9bn for the â€Å"first year of separation† (Johnson, 2016). Oil and Gas Reserves in the North Sea could help Scotland gain it its â€Å"economic independence† (The Guardian, 2015) as the â€Å"anticipation of higher oil prices† is expected to provide a â€Å"lucrative source of tax revenues† (Keating, 2017). However, the falling revenues disclosed by the North Sea coincide with the â€Å"sinking oil prices† (Keating, 2017) at the start of 2015, portraying the volatility of such commodities, as tax revenues from North Sea oil and gas production tend to be unstable over time. Therefore, an economy based largely on oil would be â₠¬Å"too subject to oil s price fluctuation† (The Guardian, 2015), leaving Scotland in a more vulnerable position than it already is in. Considering that Scotland’s fiscal stance is based on an uncertain commodity market and an ambiguous hope of joining the EU, Sturgeon’s belief that a shortfall would be compensated through additional economic growth is questionable. Potential Benefits of Independence Currency Alternatives The Scottish Independence debate has beenShow MoreRelatedA Comparison of Early Years Curricula in England and Scotland with a Focus on Planning and Assessment2079 Words   |  9 Pagesregardless of the pre-school setting. EYFS and its direct predecessors were introduced based on the realisation that quality of teaching and management of schools play a central role in childrens quality of learning, not socio-economic and educational background, as was previously thought. Pre-school education was seen as a method of helping children break the cycle of deprivation (Baldock, 2009, p.20). However, research by Potter immediately prior to the inception of the EYFS concluded that due to insufficientlyRead MoreBritish Culture11529 Words   |  47 PagesSummary of ‘Britain’ The country and its people: an introduction for learners of English Revised and Updated Author: James O’Driscoll Oxford The chapters which you need to study for the exam are as follows: Chapters 1 – 5, 10, 11, 13, 14, 16, 20 – 23 plus reader 07 2538 SCC UK: Government and Monarchy Chapter 1. Country and People The British Isles lie off the north-west coast of Europe. It consists of two great isles and several much smaller ones. - Great Britain is the largestRead MoreEducational System of Uk and Pakistan5961 Words   |  24 PagesBulletin of Education Research December 2007, Vol. 29, No. 2, pp. 43-57 Education System of Pakistan and the UK: Comparisons in Context to Inter-provincial and Inter-countries Reflections Muhammad Saeed* Abstract This paper addresses the comparisons of the education system of Pakistan and the UK from six dimensions i.e. education and training authority, educational structure, curriculum formulation, assessment and evaluation, supervision and management, and teacher education and trainingRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesundertake additional reading from other sources and that their ‘practical’ work is supplemented by other material as mentioned above. ââ€"  ââ€"  ECS8C_C01.qxd 22/10/2007 11:54 Page 600 600 Guide to the main focus of cases in the book Introduction to strategy Business environment: general Five forces analysis Capability analysis Corporate governance Stakeholder expectations Social responsibility Culture Competitive strategy Strategic options: directions Corporate-level strategy International