Discussion about this post

User's avatar
John Smith's avatar

The UK doesn’t benefit from our oil revenues. All Scottish oil revenues are allocated to Scotland. Revenue is revenue no matter where it comes from. You can’t disaggregate any of the revenues unless it’s specifically ring fenced. Despite ‘our’ oil revenues we still received a subsidy of £8.3bn last year and £15.9bn the year before. From 2014/15 it’s £109 billion in subsidies to Scotland

Expand full comment

No posts