Scottish independence could make people £10,000 better off, Swinney says

Scottish households would be more than £10,000 better off per year if the country was independent, a Government paper has suggested.

The First Minister published a new paper on independence on Wednesday as well as a technical paper, which he said looked at the “macroeconomic framework of an independent Scotland”.

The “Fresh Start with Independence” document claimed that off the back of an assessment from the Resolution Foundation, UK households would see an £8,300 per year boost if the average income and inequality was the same as other countries of a similar size.

If the same analysis was applied to an independent Scotland, the paper argued, Scottish households would be £10,200 better off.

But the paper adds: “That does not mean Scottish households would instantly be more than £10,000