Britain warns against Scoxit, a huge economic uncertainty

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On Monday British government said that independence ballot in Scotland “would be divisive and cause huge economic uncertainty at the worst possible time.” Earlier during the day First Minister Nicola Sturgeon said she would move quickly to give voters a new chance to leave the United Kingdom because Scotland was being forced into a “hard Brexit” that it didn’t support. 

Sturgeon said she would ask the Scottish Parliament next week to start the process of calling a referendum, to be held between the fall of 2018 and the spring of 2019.

UK Prime Minister Theresa May, who said a second referendum would be hugely disruptive and was not justified because evidence shows most Scottish voters oppose a new independence vote.

May accused Sturgeon’s Scottish National Party of political “tunnel vision” and called the referendum “deeply regrettable.”

British government must agree before a legally binding referendum can be held. 

Although Scoxit from UK may not be a rocky road the entrance to the European Union can require more time. 

Former European Commission president Jose Manuel Barroso has set out the legal view that if one part of an EU country becomes an independent state, it would have to apply for its own EU membership.

On Monday, commission spokesman Margaritis Schinas said “the Barrosso doctrine … would apply, obviously” 

Apart from Sturgeon’s Scottish National Party, Britain’s main political parties oppose independence.

 

( AP, pht)

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