Comment: This article was written six weeks ago. It lays out plainly the case for Scotland going its own way, but the fear-mongering, propaganda barrage coming out of London worked. Scotland has agreed to further servitude at least for the next while. Given facts like these however, the issue will rise again, and perhaps sooner than the UK pathocrats realize.
Where does Scotland's wealth go (if it doesn't stay here)?
It's a simple question but not one often asked, probably as most economics bloggers like myself get bogged down in numbers and over-complicate the issue.
Data from the UK Government's Office for National Statistics demonstrates in simple terms the distribution of personal wealth in the UK. It is clear to see that London and the south are by far the wealthiest parts of the UK. Not just the south east but the South West as well.
Clearly the further north you go the lower the distribution of wealthy households and this matches other research that shows overall lower average household wealth, and lower the average household income in the north.
The map of wealthy household distribution shows a clear north/south wealth divide within England itself, which many of us knew about, but many will be surprised at just how far south the divide sits. Without over complicating the issue this data when taken with all other wealth and income statistics that look at wealth/income distribution within the UK confirms that wealth is centralised around London. The more northern areas of the UK have suffered years of de-industrialisation, high unemployment and lower investment that followed the emergence of London-centric finance and service-led economic policy under consecutive Conservative and New Labour governments.
No surprises there then! However, when you compare the map of where the wealth ends up with a map of where the UK's wealth is generated, they don't tell the same story. The union drains wealth from Scotland.














Comment: The issue of Scotland's independent is not likely to die away, as charges of voter fraud have already been made.