Bye bye, Britain

[Tellos Athenaios]

Yes it is British oil, but the region that allows that claim to the area is Scotland. If historically Scotland wasn't part of the UK the oil would be either International or Scottish it would be very hard for England to lay a claim to it given the geographical location.

Now if the oil was then inherited by Scotland they would need the EU about as much as Norway does.

Which is, as you should have guessed: rather a lot. Oil may make you hypothetically very rich but there's not an awful lot of jobs in actually getting the oil out (though granted there are not that many Scots either). Fishing alone is a bigger source of employment in Norway, IIRC.

So with all the large employers having a strong incentive to move operations south of the border (UK government) or at least stop hiring the Scots, to whom would the Scots look for their next pay check?

They would also be able to convince HQs for oil companies and their stock listing to transfer from England to Scotland.

What would be the impact to London and thereby England if the highly improbable but not impossible happening went all Scotland's way? Loss of oil fields, banks, oil companies etc? Would England really be better off or would it be at a loss?

Question: are the English really going to let the Scots walk away with all that? In any case this what-if scenario is critically dependent on an awful factors being decided in Scotland's favour and even then it cannot happen without at least tacit approval and criminal incompetence on the part of the English government. As for the last part, if you put it that way it doesn't sound entirely impossible but to me it seems highly unlikely that the English won't get at least a fair chunk of those oil fields.