Bloomberg

Scotland's drive for independence gets financial reality check

A drilling rig sits offshore in Scotland on July 20, 2020. Foto: Bloomberg/Jason Alden

Support for Scottish independence has risen during the coronavirus pandemic, yet the financial reality of breaking away from the U.K. has been thrown back into the argument again.

The government in Edinburgh recorded a budget deficit of 8.6% of gross domestic product compared with 7.4% a year earlier, according to the annual expenditure and revenue report. The deficit for the U.K. as a whole was 2.5% of GDP for the same period, widening from 1.9%, the report said...

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