GERS is one of the most compelling arguments for Scottish independence because it reveals how unsustainable and unequal the United Kingdom truly is.…
, have no say over how reserved funding is raised through taxation or spent in UK budgets. The people of Scotland have very little influence over these figures either.
Secondly, the commentariat appear to forget that the Scottish Government must fully balance its budget. You cannot run a deficit, nominal, real or otherwise in such circumstances. It always amuses me to hear opposition parties arguing that Scotland has an underspend and a deficit . I’ve never come across a bank account which can be in credit and in debit simultaneously at exactly the same time. But that’s what the opposition parties would you believe.
Scotland does not have resource-borrowing powers to generate a deficit. Those have been denied to Scotland despite repeated requests.The Scottish Government has limited capital borrowing powers for infrastructure projects which is common practice for all governments.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Urgent search continues for boy, 17, missing after hike on Scottish HighlandsThe urgent search continues for a 17-year-old boy who went missing while hiking in the Scottish Highlands.
Læs mere »
Keir Starmer denies split with Scottish Labour despite row over benefit capKeir Starmer has denied there is tension between Scottish Labour and the party south of the border despite disagreements over key policies
Læs mere »
Scottish cottage just stone's throw from sea with jaw-dropping views for saleNew to the market is a charming three-bedroom cottage that is situated in a truly enchanting Scottish setting, located just a short distance from the scenic Luce Bay.
Læs mere »
Scottish Government cuts funding for Glasgow's holiday food programme by £1mThe Scottish Government has slashed the amount of cash to fund the holiday food programme in Glasgow by £1m
Læs mere »
St Mirren's fast start to Scottish Premiership comes as no surpriseThis article was first published today in our bespoke Sports newsletter The Fixture.
Læs mere »