Ivor the Engineer
Penultimate Amazing
- Joined
- Feb 18, 2006
- Messages
- 10,645
http://www.guardian.co.uk/politics/2007/feb/08/scotland.britishidentity1
...Scotland may only account for 8.5% of the British population but it accounts for 9.7% of all spending. The difference may not sound huge, but it is. And this is where much of the fight about Scottish independence centres.
The latest figures from the annual Government Expenditure and Revenue in Scotland (GERS) report illustrate the problem. Public spending in Scotland in 2004-05 was £47.7bn, while total revenues are estimated at £36.4bn, equivalent to 8.1% of all UK revenues. The deficit was thus more than £11bn, or 12% of Scottish GDP - three times the percentage deficit of the UK as a whole.