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Scottish independence: New claims on economic outcome Scottish independence: New claims on economic outcome
(35 minutes later)
Competing claims about the costs and benefits of Scottish independence have been set out to voters.Competing claims about the costs and benefits of Scottish independence have been set out to voters.
The Scottish government said an independent Scotland would start out with "strong" finances, and could be £5bn a year better off by 2029-30.The Scottish government said an independent Scotland would start out with "strong" finances, and could be £5bn a year better off by 2029-30.
UK ministers said Scotland would be better off staying within the UK by about £1,400 per person per year.UK ministers said Scotland would be better off staying within the UK by about £1,400 per person per year.
The two sides set out their cases ahead of the independence referendum, on 18 September.The two sides set out their cases ahead of the independence referendum, on 18 September.
A new Scottish government paper said Scotland's finances in 2016-17 would be similar to, or stronger than, both the UK and the G7 industrialised countries as a whole.A new Scottish government paper said Scotland's finances in 2016-17 would be similar to, or stronger than, both the UK and the G7 industrialised countries as a whole.
The paper added that debt would be on a "downward trajectory", enabling future Scottish governments to start an oil savings fund.The paper added that debt would be on a "downward trajectory", enabling future Scottish governments to start an oil savings fund.
Scottish First Minister Alex Salmond, said: "Scotland is one of the wealthiest countries in the world, more prosperous per head than the UK, France and Japan, but we need the powers of independence to ensure that wealth properly benefits everyone in our society.Scottish First Minister Alex Salmond, said: "Scotland is one of the wealthiest countries in the world, more prosperous per head than the UK, France and Japan, but we need the powers of independence to ensure that wealth properly benefits everyone in our society.
"That wealth means we will start life as an independent nation with strong finances and huge economic potential."That wealth means we will start life as an independent nation with strong finances and huge economic potential.
"The latest figures show that by using the powers that only independence will bring we can deliver an independence bonus with increased revenues for Scotland.""The latest figures show that by using the powers that only independence will bring we can deliver an independence bonus with increased revenues for Scotland."
The Scottish government paper said:
Meanwhile, Chief Secretary to the Treasury Danny Alexander published a paper outlining what the UK government sees as challenges to an independent Scotland, including an ageing population, declining oil revenues and the potential for higher interest rates.Meanwhile, Chief Secretary to the Treasury Danny Alexander published a paper outlining what the UK government sees as challenges to an independent Scotland, including an ageing population, declining oil revenues and the potential for higher interest rates.
Speaking in Edinburgh, Mr Alexander said: "Today we have shown that, by staying together, Scotland's future will be safer, with stronger finances and a more progressive society.Speaking in Edinburgh, Mr Alexander said: "Today we have shown that, by staying together, Scotland's future will be safer, with stronger finances and a more progressive society.
"Because as a United Kingdom we can pool resources and share risks. It means a UK dividend of £1,400 a year for every man, woman and child in Scotland."Because as a United Kingdom we can pool resources and share risks. It means a UK dividend of £1,400 a year for every man, woman and child in Scotland.
"That dividend is our share of a more prosperous future. It is the money that will pay for better public services and a fairer society.""That dividend is our share of a more prosperous future. It is the money that will pay for better public services and a fairer society."