The failure of the Darien Scheme in the late 1690s inflicted a systemic financial shock on the Kingdom of Scotland. By destroying a substantial share of the nation’s liquid capital and undermining the confidence of the Aristocratic ruling class, it accelerated the political conditions that culminated in the Acts of Union of 1707 . Yet …
As Scottish independence supporters, it is crucial for us to stay informed about the potential risks and challenges that lie ahead in our struggle for freedom. One such concern is the closure of Grangemouth’s oil refinery, which would place Scotland in an exclusive yet undesirable club of oil-producing nations without a functioning oil refinery. In …
On day one of Scottish independence, Scotland will still use Pound Sterling. This will be for a transitional period until Scotland achieves certain economic targets. These targets will be monitored by a new Scottish Central Bank (SCB). A Scottish version of the Bank of England (BOE). Using Sterling after independence is not ideal but it …