Time for the Barnett formula to be ended for Scotland. No justification for it. They have their own tax raising powers so Scotland should be funding Scottish spending, not England. They need to face reality.
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The latest Government Expenditure and Revenue Scotland (Gers) data for Scotland 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 £13.5bn the year before. Scotland’s deficit was equivalent to 7.9% of GDP, while for the UK as a whole it was 1.9%.
Scotland has 8.2% of the UK’s population but absorbed 9.3% of the UK’s total state spending while its share of tax raised across the UK stood at 7.8%. The UK government said this meant the Scottish deficit was equivalent to nearly £1,900 per head more than the UK’s deficit.
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According to EU rules the deficit should be less than 3%. They have a very long way to go.