World Renowned Economist says: Scotland subsidising rest of UK and rubbished claims made by leading Scottish Labour politicians over banking collapse Professor Andrew Hughes Hallett a leading Professor of Economics, has sensationally confirmed that Scotland has been subsidising the UK treasury in London for years and that the Calman Commission recommendations are unworkable and potentially damaging. Professor Hughes Hallett (pictured) also rubbished claims by leading Scottish Labour politicians that an independent Scotland could not have survived the banking crisis by explaining that much of the liabilities suffered by HBOS and RBS would have fallen on England. Hughes Hallett, who is a Professor of Economics at George Mason University in Washington DC and St Andrews University was appearing on Radio Scotland’s ‘Newsweek’ show when he undermined much of what Unionist politicians and Scottish media commentators have been saying about Scotland for years. bbc.co.uk/news/uk-scotland-25151837
Posted on: Sun, 14 Sep 2014 12:08:18 +0000
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