Friday, April 17, 2015

WHAT WOULD A LABOUR + SNP COALITION MEAN FOR THE UK ECONOMY?

The Scottish Nationalists, the SNP, are campaigning fiercely against the Labour Party in Scotland - and may well take a boatload of Westminster seats off them in May 7th's vote.

But when it comes to forming a government in London, the SNP is now loudly and publicly calling for a Westminster coalition to keep David Cameron out of Downing Street.

We saw SNP leader Nicola Sturgeon making this very clear in Thursday's debate.






Ed may be rejecting the idea of a coalition with SNP now but he may need them come May 8th if he can't form a majority government without them.

But given that the SNP describes itself as "a social democratic political party committed to Scottish independence", what might it mean for the UK economy and the British Pound to have a party in coalition at Westminster whose own goal is to break the United Kingdom apart?

I've been talking to the excellent Jeremy Cook of World First about that eventuality.



 
 
 
 
Of course, there's also the possibility of a 'confidence and supply' arrangement between Labour and the SNP (or other parties) rather than full coalition.

Here's how that might work.

It might not though. Who's got money on there being two general elections in the UK in 2015?

Olly Barratt - FSN UK correspondent

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