![]() Scottish/Welsh fiscal autonomy – stopping short of full political independence – is usually promoted by advocates of a federal United Kingdom.Īs early as July 2001, former Conservative Party chancellor Kenneth Clarke said he believed that it would be "disastrous for the Scottish economy". ![]() The term has come to describe a constitutional arrangement in which instead of receiving a block grant from the UK Exchequer as at present, the Scottish Parliament or the Senedd would receive all taxation levied in Scotland or Wales it would be responsible for most spending in Scotland or Wales but make payments to the UK government to cover Scotland or Wales's share of the cost of providing certain UK-wide services, largely defence and foreign relations. For the grouping, see Devo Plus.įull fiscal autonomy ( FFA) – also known as devolution max, devo-max, or fiscal federalism – is a particular form of far-reaching devolution proposed for Scotland and for Wales. ![]()
0 Comments
Leave a Reply. |