Monday, November 19, 2012

?Oil could bankroll separate Scotland?

Both sides of the debate over independence were claiming major success last night after a new report on the economics of a separate Scotland.

The report, by the Institute for Fiscal Studies, stated that if Scotland had received income from its geographic share of oil revenues over the past few years it would have enjoyed a stronger financial position than the rest of the UK. This was seized on by Nationalists. But the report also made it clear that Scotland?s advantageous economic position would purely be down to the value of oil.

This prompted unionist politicians to warn an independent

Source: http://www.thetimes.co.uk/tto/news/uk/scotland/article3604474.ece

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