Independent Scotland won't pay back debt, Alex Salmond says

SOURCE: THE TELEGRAPH

Alex Salmond has reportedly taunted the Westminster government over whether an independent Scotland should take on its share of the national debt, saying: “What are they going to do – invade?”

The First Minister was said to have made the comments when pressed about how the Government would react to a decision by a newly independent Scotland to leave the Union without shouldering its share of national debt.

The comments were reported by ITV News, citing sources close to the First Minister, although they were dismissed as “total nonsense” by Mr Salmond’s spokesman.

Last week Danny Alexander, the Chief Secretary to the Treasury, said an independent Scotland would have to borrow money at interest rates comparable to payday loans firm Wonga if it walked away from its UK public debt share.

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