Is it worth having greater freedom to spend fewer resources? Discuss.

Whatever the result of the referendum on Scottish independence on 18 September, the balance of power between north and south Britain is undoubtedly moving in only one direction. From April 2015, Scotland will be able to set its own taxes and borrow up to £2.2bn to fund capital projects, as the Scotland Act 2012 transfers considerable fiscal power from Westminster to Holyrood. Even if Scots vote no to full independence, there’s almost certain to be further devolution, with the main UK political parties all publicly committed to greater Scottish autonomy. But how much more control over its own destiny will an independent, or more independent, Scotland actually have? I spoke to Scots on both sides of the debate to write this piece for Modus, the magazine of the Royal Institution of Chartered Surveyors, about the potential impact on property and the balance of power across the UK. They pointed out that formal power and real economic power are very different things, that the Scottish government has never exercised its existing power to raise or lower income tax, and that while Scots like the idea of Scandinavian-style public services, they would be much less keen to pay the taxes to fund it.

Author: Katie Puckett

I am an experienced journalist, copywriter and editor who has covered the built environment for nearly 20 years. I’ve interviewed thousands of senior executives, politicians and experts in many fields and travelled to report on stories throughout Europe, the US, the Gulf states and India. My articles have appeared in many business and professional titles including Building, Estates Gazette, Inside Housing, the Bartlett Review, Insurance Times and Lloyd’s Market. I am co-author, with architect Bill Gething, of Design for Climate Change, published by RIBA, and I launched and edit The Possible, a thought leadership magazine for global engineering firm WSP. I'm also co-founder of Wordmule, an editorial studio that specialises in buildings and cities.

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