UK to offer economic powers to Scots in case of No vote

UK to offer economic powers to Scots in case of No vote

Sun Sep 7, 2014 2:32PM GMT

The British government plans to offer Scotland more financial autonomy if it votes against independence in the upcoming referendum.

Speaking on the state-run BBC’s Andrew Marr Show on Sunday, British Chancellor George Osborne said new powers on tax, welfare and job creation will be given to Scotland if the country votes to remain in the UK.

Osborne said the new proposals will be substantive as Britain’s three main political parties understand that Scottish voters are looking for more autonomy. He said the plan will be announced “within days” and that it will be implemented “the moment there is a no vote in the referendum.”

“People should know if they vote no they are voting for more devolution, more powers for Scotland without the risks of separation. I think that is the best of both worlds,” he claimed.

The British government’s offer came after a YouGov poll showed that the pro-independence campaign is taking the lead with 51 percent of the vote.

Scotland will hold a national referendum on September 18 to determine the country’s future. The independence referendum could result in Scotland’s breakaway from the United Kingdom after more than 300 years of political union.

The Westminster, however, has repeatedly warned against Scotland’s independence, saying it will jeopardize the UK’s stability and damage its international standing.

Scottish authorities, on the other hand, argue that independence from the UK would free Scotland from London’s austerity policies and unnecessary military spending.

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