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Row erupts over £20bn North Sea oil cash shortfall claims

Source: The Scotsman

Scotland : SD : USA | 5 months ago

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Â£20 billion in the red even if it had retained all its oil money, a new government report claims. A Scotland Office paper, published today, shows North Sea oil revenue would not have plugged the gap between spending and tax raised. The paper claims that if all the North Sea oil revenue had gone to Scotland,...

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Scotland revealed as £3.8bn in deficit despite oil prices

News Source: The Scotsman | 5 months ago

Â£3.8 billion in 2007-8 despite historically high oil prices, a report has revealed. The annual assessment of tax raised in Scotland compared with money spent, published yesterday, has reignited arguments over whether Scotland would be economically...
Scotsman: Calman should face the test of a referendum

News Source: Uinta County News | 5 months ago

Calman Commission proposals are a craven surrender to the SNP by the devolution maximalists, which will make Scotland the highest taxed part of the UK. Or they are a cynical attempt by the unionist parties to palm off Scotland with some extra...
Row erupts over £20bn North Sea oil cash shortfall claims

News Source: The Scotsman | 5 months ago

Â£20 billion in the red even if it had retained all its oil money, a new government report claims. A Scotland Office paper, published today, shows North Sea oil revenue would not have plugged the gap between spending and tax raised. The paper...