Independent Scotland would face 'extended austerity' under SNP
by Severin Carrell Scotland editor from on (#3SBP7)
Growth commission's strategy would lead to extra decade of cuts and restraint, says IFS
An independent Scotland would face an extra 10 years of austerity if it implemented plans outlined by a Scottish National party report, the Institute for Fiscal Studies has warned.
The IFS, a highly regarded economics research institute, said proposals from the SNP's growth commission published in May would leave Scotland's weak public finances facing continued cost-cutting and restraint.
Related: SNP says Scotland should delay launching own currency
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