Treasury finds £1.6bn funding gap in Scottish independence plans

In its analysis of the independence plans, the Treasury has highlighted that at least three of the paper's proposed policy commitments, including cutting corporation tax by three percentage points, have not been backed by funding. This means that Scottish tax payers would have to foot an annual bill which is equivalent to the combined budget of the Police Scotland and the Scottish Fire and Rescue Service, chief secretary to the Treasury Danny Alexander (pictured) said. IFAs have previously highlighted their concerns about Scottish independence, including there being an 'invisible bord...