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Opinionopinion

Just what is the cost of independent Scotland?

The United Kingdom as we know it may come to an end on September 18 2014 – when the people of Scotland will vote on independence.

The United Kingdom as we know it may come to an end on September 18 2014 – when the people of Scotland will vote on independence.

But while the Scots make the decision, the outcome of the referendum will have a major impact on the whole of the United Kingdom.

And so far there’s been very little discussion about what this will mean.

Indeed, a report by members of the House of Lords has warned of a “conspiracy of silence” hiding the impact of Scottish independence on our economy, defence capabilities and standing in the world.

Peers published a study with the chilling conclusion: “Since the consequences of the Scottish vote will also be felt throughout the country, the people of the whole of the º£½ÇÊÓÆµ also need the British Government to state its position.

“In the course of our inquiry, however, we have become increasingly concerned that both Edinburgh and Westminster are not being open with the Scottish people or the British people as a whole.”

Members of the House of Commons have also held their own inquiries to try to get to the bottom of the effects of Scotland breaking away.

For Scotland itself, their conclusions are clear. Scotland really would be an independent and separate country – despite claims by the Scottish Nationalist Party that it would enjoy “social union” with the rest of the º£½ÇÊÓÆµ – and it would have to apply for membership of the EU and UN (applications which would probably be granted swiftly) and decide what to use for a currency.