Scotland: more in common with the Faroe Islands than you think?

Scottish nationalists often like to compare Scotland to Norway. But perhaps they should be looking to the Faroe Islands instead.

One of the interesting things about the Scottish referendum on independence is the fascinating historical detail it keeps throwing up. The separation of Norway and Sweden in 1905 is a case in point.

Scottish separatists often point to Norway as an example of what Scotland could become if it were to vote against remaining part of the UK. But they fail to mention a few vital points along the way.

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Merryn Somerset Webb
Former editor in chief, MoneyWeek