How much of our biggest industries cash raised actually stays in our country.
Oil and gas is a global market with lots of different fingers in the pie, and whilst I'm very proud of hydro and wind, it wouldn't be possible without lots of foreign investment, salmon farming alone is worth over a billion alone but again not a lot of sites exist that are not owned by Norwegians or somesuch.
It's on at Cineworld Silverburn in Glasgow this week. Maybe they changed their minds.
https://www.bbc.co.uk/news/uk-scotland-scotland-politics-49413345?intlink_from_url=https://www.bbc.co.uk/news/scotland/scotland_politics&link_location=live-reporting-storyThe Government Expenditure and Revenue Scotland (Gers) estimated the country spent £12.6bn more on public services than it raised in taxes.
This is lower than the £13.8bn deficit estimated for the previous year, and is equivalent to 7% of the country's GDP.
The UK as a whole has a deficit of £23.5bn - or 1.1% of its GDP.
The annual Gers figures, which have become a key battleground in the independence debate, are compiled by Scottish government statisticians free of political interference.
They pay a portion of the UK infrastructure, not for "English infrastructure". Do you know how much notional expenditure they pay that they would not have to pay for an independent Scottish infrastructure?But Scotland would not have to pay for English infrastructure which makes up a significant part of notional expenditure. I filleted properly GERS shows Scotland is actually very well placed financially.
Others may correct me here, but my memory is that Thameslink rebuilding and HS2 were both in there somewhere, on the rather spurious basis that these would 'Benefit Scotland'.They pay a portion of the UK infrastructure, not for "English infrastructure". Do you know how much notional expenditure they pay that they would not have to pay for an independent Scottish infrastructure?
As with the other, larger "independence" debate going on at the moment Unicorns are thriving.
Others may correct me here, but my memory is that Thameslink rebuilding and HS2 were both in there somewhere, on the rather spurious basis that these would 'Benefit Scotland'.
If that's the case it could be argued that rather like Scotland is funding England, instead of the other way around.
Either way, figures put together in London (originally) with the express purpose of making it look like Scotland is a basket case wouldn't seem to be a reliable way of seeing how Scotland may choose to fund itself after it is independent.
If the EU worked like the UK, this would mean the UKgov had no access to figures for its own economy, but had to rely entirely on figures from Brussels.
https://en.wikipedia.org/wiki/Government_Expenditure_and_Revenue_Scotland#targetText=Government Expenditure and Revenue Scotland,part of the United Kingdom.&targetText=Since devolution, it has been,Adviser of the Scottish Government.
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