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Anorak | If Scotland Leaves The UK Both Countries Will Become More Equal

If Scotland Leaves The UK Both Countries Will Become More Equal

by | 3rd, September 2014

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HERE’S a slightly odd little factoid about the upcoming Scottish independence vote. If Scotland does leave then both countries will become more equal. And given that we’re told that inequality is the defining scourge of our times, that’ll be nice, won’t it?

Not that anything will actually change in either country you understand: only that inequality the way we measure it will fall. No poor people will gain higher incomes as a result of this, no rich people will have their incomes reduced: but inequality will still fall. All of which rather tells us that the way we measure inequality isn’t, perhaps, as important as some might think.

There is, of course, inequality in incomes in the UK. There’s inequality in incomes in each and every little city and town. However, over and above that there’s great inequality in incomes in different places in the UK. London is actually the richest area in the European Union. And there’s places like Cornwall and, yes, parts of Scotland, that are among the poorest areas in the UK. And this regional inequality in

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Posted: 3rd, September 2014 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink