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

Source: The Scotsman

Scotland : SD : USA | 4 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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Tags: Scotland Office, sea oil, North Sea

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

News Source: The Scotsman | 4 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...