IT’S interesting these days to watch the changing narratives now that polls are showing a majority of Scots supporting independence.

It’s not just the usual suspects shouting about “federalism” now. Arch Tories are joining in the chorus. And what’s this “four nations” approach to Covid? It seems to have replaced the “one nation” approach. Perhaps Mr Biden, with his Irish roots and mindful of the Good Friday Agreement, has got the Bullingdon boys telt. Who knows.

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The “F” word is annoying though, isn’t it? We knew it would be rolled out again, just like it was in the week leading up to the indyref in 2014. It is intended as a spoiler, a stick in the spokes of the independence campaign. Of course, federalism is not in our gift. It would have to be accepted by the rest of the UK. It also somewhat neutralises nationhood and is but a band aid over the deep gash afflicting this so-called Union. If we reject the possibility of a third question, we are accused of being “fleg” wavers and blood-and-soil nats or something along theses lines.

Perhaps, however, there is a better “third” option. Not one that is on a ballot paper, but an option as a prelude to a referendum, or one that avoids the need to have one at all. As the “four nations” approach is being ramped up and driven into our psyche, how about we take that narrative and turn it into a “last-ditch” proposal that would not only preserve the UK but improve it immeasurably?

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Stay with me here. What would a “four nations” UK look like?

Picture each nation of the Union having full control over its policies and sovereign resources, each with its own treasury. The Bank of England becomes the “UK Central Bank” and each nation has an equal controlling presence in its day-to-day monetary operation. The central bank represents all four nations the same way as the European Central Bank in Brussels is mandated to support all 27 nations in the EU. Each nation has full control of its defence policy and spending. If Scotland decides to leave Nato, so be it. Austria and Italy are members of the Eurozone. They share a border. Italy is in Nato, Austria is not.

So who would be happy with such an arrangement and would it be realistic?

Well the English public should be happy. They have been told repeatedly that they subsidise the rest of the Union. Just like Eurozone members, each member nation would have their own account at the UK Central Bank and run their own debt/deficit denominated in sterling. England, Scotland, Wales and Northern Ireland would have autonomy over the funding of their own infrastructure.

The SNP should be happy. This is a more powerful option than that proposed by the Growth Commission. As a member of a formal sterling zone and having a lender of last resort, we would also have much less exposure to risk.

Would Yes voters be happy? Well in the unlikely event that the Tories agreed to this, it is a country mile better than what we have at the moment. There are also a number of other reasons to get behind this idea.

It demonstrates to the international community that we have put forward a perfectly reasonable proposal to maintain the Union, albeit a fairer one

than exists at the moment. It wouldn’t be “all about Scottish nationalism”, because it would involve a “family” of nations of the UK working together to make the Union fit for purpose. There would be absolutely nothing to stop the UK Government starting to implement this now, and we wouldn’t be faced with the risk of a “Vow 2” or “devo to the max” promise which would likely be broken.

Lastly, what reason could the opposition parties have for opposing the idea? If they were to vote against it they would likely face political extinction, along with the Union. So would the Tories support the idea? Probably not. But that would simply confirm their preference for dominion over partnership and provide the catalyst for a two-question referendum.

So how about it? What do we have to lose?

Scott Egner
Aberdour