Sturgeon can’t hide the economic costs of Scexit

Might the 2020s be the seismic decade in which the post-war consensus, that liberal democracies do not and should not break apart, is broken? Scotland’s First Minister Nicola Sturgeon certainly thinks so. Her lifelong quest to break up Britain must feel closer than ever after winning last week’s Holyrood elections. But there are hurdles yet to be cleared.

Sturgeon insists on an exact repeat of the process that took place after Alex Salmond won an SNP majority in 2011 – even though she did not manage to replicate his success, achieving instead another minority administration. As in the 2011 to 2014 period, she wants the referendum booked and in the diary before presenting an updated economic case for Scexit.

This will not hold. The Scexit Sturgeon is proposing today would lead to a far more complex set of outcomes than either Brexit or the secession that would have happened in 2016.