Union of England and Scotland Act 1603 existing Union of Crowns, and to report back to Parliament. The commission was not effective, however, and similar subsequent proposals also fell flat. The two kingdoms were eventually united over a century later, by the Acts of Union 1707. The Act was repealed by the Statute Law Revision Act 1863, being by this point entirely obsolete. Union of England and Scotland Act 1603 The Union of England and Scotland Act 1603 (1 Jac. I c.2), full title "An Act authorizing certain Commissioners of the realm of England", was an Act of Parliament of the Parliament of England enacted during the
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