Tuesday, December 20, 2011
Is Scotland subsidised by England?
No, in fact it is the other way around, Scotland is the only net contributor to the UK fiscal. Without the occupation of Scotland the rest of the UK would be in a financial mess. All of "the Uk's" oil and 85% of it's gas is in fact Scottish. If Scotland were to leave the Union and take it's rescources with it the UK would become a European Ntaion in the same division as Greece. There are various studies that show (Adam Smith insitute, fraser Of allander Institute) tat show being part of the UK has a negative economic impact on Scotland, even discounting the oil and Gas Scotland goes a substiantial way to supporting the rest of the UK. Per captia it's cobntrbution is far greater. On top of this Scotland contributes more in terms of sscientif reasearch and development, education and culture
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