Leading article in yesterday's Scotsman was an attempt by the free market think tank the Institute of Economic Affairs to undermine Scotland's case for independence claiming that an independent Scotland would inherit £110 billion of debt and would put Scotland on a par with Greece and Portugal. These figures are of course challenged by Salmond and other Scottish academics stating that Scotland's economy has long been in surplus and that the last SNP government have managed a balanced budget in each of its four years.
This undoubtedly are the first of many shots to be fired by both sides as the arguments for and against independence hots up.
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