"GAME-changing” research has found the fiscal gap in the early days of an independent Wales would be a fraction of what has previously been assumed from UK Government figures – which Plaid Cymru believe will significantly advance the argument for self-determination.
Figures from the Office for National Statistics (ONS) are often quoted as suggesting the deficit an independent Wales would incur on day one would be £13.5 billion.
But groundbreaking research by Professor John Doyle of Dublin City University has concluded the fiscal gap – the difference between raised revenue and government expenditure – would actually be £2.6bn.