Royal Arms of Scotland was maintained. When the kingdoms of Scotland and England were united under the Acts of Union 1707 to form the United Kingdom of Great Britain, no single arms were created and instead, the royal arms as used in either Scotland and the rest of the United Kingdom would continue to differ. Poetically described as "the ruddy lion ramping in his field of tressured gold", the arms are still widely used today as a symbol of Scotland, and are quartered in the royal arms of Queen Elizabeth II along with the arms of England and Ireland. The arms in banner form
Acts of Union 1707 known as the Seven ill years which led to strained relations with England. In 1698, the Company of Scotland Trading to Africa and the Indies received a charter to raise capital through public subscription. The Company invested in the Darién scheme, an ambitious plan funded almost entirely by Scottish investors to build a colony on the Isthmus of Panama for trade with East Asia. The scheme was a disaster; the losses of over £150,000 severely impacted the Scottish commercial system. The financial losses incurred have often been suggested as one of the drivers behind Union. Deeper political integration had been