2015-06-25ft.com

Promising a referendum on Britain's place in Europe was always a rash gamble -- a tactical swerve blind to the strategic consequences. The stakes have risen. The rest of Europe does not want to see the Brits depart, but the EU would muddle on. For the UK, the choice has become existential. If Britain leaves Europe, Scotland will leave Britain. The union of the United Kingdom would not long survive Brexit.

... if Britain decided to leave Europe -- the more so if, as seems quite likely, the overall No vote combined English rejection with a Scottish preference to stay in the EU. Even Scotland's staunchest unionists admit that their cause would be lost in such circumstances.



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