Want to read more?
We value our content and access to our full site is only available on subscription. Your subscription entitles you to 7-day-a-week access to our website, plus a full digital copy of that week’s paper to read on your pc/mac or mobile device In addition your subscription includes access to digital archive copies from 2006 onwards
Anonymous in Courier letters, January 11 starts his/her missive with the words: ‘The broken record grinds on’ and he/she cannot be faulted.
The cause of every failure by the Holyrood government is attributed by the Nationalists to either a lack of devolved powers or funding or both from Westminster.
Regarding the failing economy in Scotland, this is laughably illogical as Westminster would have to be applying the same restrictions on growth in England as, it is alleged by the writer, it is applying in Scotland.
The latest Government Expenditure and Revenue Scotland (Gers)
data shows that for 2017-18 overall state spending hit £73.4bn compared to tax income of just under £60bn, including oil revenues.
That left a deficit for the year of £13.4bn, compared with £13.5 billion the year before.
Scotland’s deficit was equivalent to 7.9 per cent of GDP, while for the UK as a whole it was 1.9 per cent.
The government’s recent growth commission report has proposals for cutting the deficit.
Which the Institute for Fiscal Studies said would increase and extend austerity in Scotland but this was not debated at the SNP’s annual conference in October.
Much over-spending has resulted from too much reliance on oil revenues, ignoring the volatility of oil as a commodity.
Making Scotland the highest taxed part of the UK risks damaging, rather
than growing, the economy.
Scotland’s economy has suffered from when the SNP came to power and
the future doesn’t look rosy.
Just ask all those Scottish students, with excellent grades, who can’t find places in Scottish universities because the allocation has been filled by students from the EU, Far East and England.
They have to look outside of Scotland for places and may well consider not returning to Scotland upon graduation.