Scotland’s credit rating – very good, actually

An item posted on the Rev. Stuart Campbell’s Wings Over Scotland site on February 27th, 2014 caught our attention.

Contrary to the Chancellor’s threats and black warnings, the blog quoted evidence that Scotland is in rather good shape for an independent future. Standard & Poor’s, one of the world’s key ratings agencies, had remarked in its report on the country that, ‘Even excluding North Sea output and calculating per capita GDP only by looking at onshore income, Scotland would qualify for our highest economic assessment.’

This was not, of course, reported by the national press. Are we surprised?