This week the UK Treasury was caught with its pants round its ankles over its estimates of how much it'll cost to set up Scotland as an independent country. Meanwhile the mainstream media continues to do its best to try and sidestep the issue...
'The Treasury has been accused of “badly misrepresenting” key data on the costs of setting up an independent Scotland - by one of the academics it cites in its own figures.
'In a briefing paper issued ahead of today’s competing estimates on the cost - or savings - of Scottish independence, the Treasury said that creating the new government departments required would “see Scottish taxpayers fork out £2.7 billion”.
'Putting forward what he described as his “comprehensive analysis”, chief secretary to the Treasury Danny Alexander said: “The Scottish government is trying to leave the UK but it won’t tell anyone how much the set up surcharge is for an independent Scotland.”
'Yet Patrick Dunleavy, a politics professor at the London School of Economics whose research was used to come up with the figure, said that it overestimated the cost by a factor of 12.' (Independent article).