5 weeks on and No camp still using AAA leaflet

The No campaign has been left red-faced again after continuing to hand out leaflets as recently as yesterday with misleading information about the UK’s credit rating - five weeks after the Moody’s downgrading.

One of the anti-independence campaign’s cores arguments not to vote Yes in 2014 was the UK’s triple-A rating, which was shown up as misleading scaremongering - yet the No camp is continuing to peddle this false information.

SNP Treasury spokesman Stewart Hosie said:

“The incompetence and incoherence of the anti-independence campaign knows no bounds. Originally they claimed this was an old leaflet - so why are they continuing to hand it out over five weeks after the UK’s triple-A rating was downgraded?

“Deliberately misleading the people of Scotland has left the No campaign’s credibility in tatters. People will not only be asking if any of the other claims on their leaflets can be believed, but also why they are continuing to spread misleading information when they know it’s false.

“The anti-independence campaign were urged to pulp this fiction over five weeks ago when the claim was shown to be misleading. We again urge them to do this.

“The people of Scotland deserve an honest and open debate in the run up to the referendum debate but so far the No camp has failed to deliver.

“The truth is that almost two-thirds of the countries that now hold triple-A status have populations of less than ten million - including Finland, Sweden, Denmark, and Norway.

“Scotland has stronger public finances than the rest of the UK, with the most recent GERS figures showing that Scotland contributes 9.9 per cent of public revenues but receives 9.3% of public spending - demonstrating Scotland is financially stronger than the UK as a whole to the tune of £4.4 billion, or £824 per person.

“The record of our neighbours shows that small, well managed independent countries can have every expectation of enjoying the highest credit rating, and more importantly favourable bond yields.

"Scotland is in better financial shape than the UK as a whole, and a Yes vote on September 18th 2014 will enable us to build a strong economy and fair society with the powers of an independent Scotland."


Notes: The Better Together campaign handed out leaflets this weekend with their 10 points against independence including the misleading "Scots save billions on the cost of mortgages due to the UK's AAA credit rating."

One example of scaremongering by Danny Alexander on an independent Scotland’s credit rating can be seen here: