Will A Second Scottish Independence Referendum Happen?

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May 2, 2017 by tradersnote

In the very near future, the Scottish government will begin consultations on a draft bill regarding a second independence referendum. What follows here is a reflection on the announcement made by Nicola Sturgeon and the way this might affect any other policy plans that are under consideration.

 

What Scotland does at the moment is that they are preparing their terrain for their next referendum. But the thing is – preparing and holding a second referendum isn’t the same thing. Even though preparations are in the full swing, Sturgeon says that there won’t be an Independence Referendum anytime soon. But what she said is that she is hoping they are heading in the right direction – towards maintaining and building the links with the EU on one side and organising a referendum on the other side.

 

Will IndyRef2 happen?

 

But will this referendum actually happen? Well, there isn’t a certain yes or no to this question. Downing Street has made clear – all possibilities will be listened and thought of very thoroughly, but no promise was made that one of those possibilities regarding an Independence Referendum will be taken. Indeed, the only promise made was that a draft referendum would be available soon. On the other side, the more SNP says that it is less likely that the referendum will happen. Only, and if only, none of the SNP demands are met, the referendum will be held. But what goes on the Scotland side is the whole Brexit situation and Pound devaluation.

 

It all revolves around a thing that Sturgeon and her followers don’t want to lose another referendum because that would be a big hit for them. There was a lot of preparation, time and money that went into the first, and if they have to do it again, it’s all lost. The good side is again, Brexit – if it shows up as a bad option for Scotland, there is a big chance there will be an independence referendum and after all, a poll that is very simple – choose one of the unions – UK or EU?

 

What are Nicola Sturgeon’s priorities?

 

Those who are in support of Scotland’s independence have a lot of questions, some old, some new. Most of them revolve around oil process, EU membership, common travel, and trade access to EU and the UK. The landscape has changed in comparison to that of the 2014 referendum vote and this is because of Brexit. Then, the Scots voted 55:45 for remaining the part of the UK.

 

Sturgeon’s priorities are somewhat different than they should be. Again, she is heading in the right direction with the plans regarding the EU membership are solving all currency doubts (Scotland would have to switch to the Euro) and that means that trading goods between Scotland and the UK will be very difficult and after all, EU countries can’t access Scotland’s marketplace because all the waters surrounding Scotland are actually the UK and as we know, UK is heading out of the EU. At her party’s conference recently, Nicola Sturgeon sought to refocus the discussions to the areas of education, business, and NHS with mixed results.

 

Spreadbetting, CFD trading and Forex are leveraged. This means they can result in losses exceeding your original deposit. Ensure you understand the risks, seek independent financial advice if necessary. The value of shares and the income from them may go down as well as up. Nothing on this website constitutes a solicitation or recommendation to enter into any security or investment.

 

Alexander Bowring is a London based writer and a Southampton Solent University Screenwriting graduate. He has worked alongside TV personality and Telegraph feature writer Alison Cork, whilst also having produced content for ITV, This Morning, Canvas8, Who’s Jack, Alison at Home, and Bonallack & Bishop Solicitors. Alexander also has a keen interest in investments.

 

 

 

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