It’s not about money
Sir: Professor Tombs criticises Alex Massie (Letters, 22 August) for ignoring evidence when the latter claims that economic concerns ‘no longer matter’ in great political decisions. But the evidence from the last Scottish referendum tends to support Massie. At the beginning of the Scottish referendum campaign in 2014, polls showed 26 per cent of Scottish voters favoured independence. The Better Together campaign amassed compelling evidence that independence would be a financial disaster and set about presenting this to the Scottish public in an exercise they christened Project Fear. The result was a rise of support for independence to 45 per cent, and it is widely considered that what kept Scotland in the Union was an emotional televised speech by Gordon Brown appealing to the heart rather than the pocket.
Before the Brexit vote, many experts predicted immediate financial disaster if Britain voted to leave the EU. We have still to find out the long-term effect of this decision, but their short-term predictions were clearly wrong.
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