North Sea oil revenue would 'see Scotland in the black' Swinney fuels financial contribution row
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Summary
SCOTLAND'S public finances would be showing a surplus for the third year in a row if it received its geographical share of North Sea oil revenues, according to a Scottish Government report.
It shows Scotland would be GBP219m in the black for 2007-8, figures that Finance Secretary John Swinney claimed were "further evidence of the benefits of full fiscal autonomy".See the full content of this document
Extract
North Sea oil revenue would 'see Scotland in the black' Swinney fuels financial contribution row
However, without this share of the oil money the deficit for the year is GBP7.1bn and with capital expenditure taken into account that rises to GBP11.1bn.
The figur...See the full content of this document
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