War, trade and project fear

One of the main weaknesses in the campaign for Scottish independence in 2014 was uncertainty. The Scottish National Party claimed that Scotland would remain part of the EU, continue to use the pound, and suffer no economic tit-for-tat from London if Scotland left the UK.

Despite their protestations, nobody could say for sure what would happen in the eighteen months between the referendum vote in September 2014 and Scottish independence becoming official.

That was probably what s...