2024 GERS – How Scotland gets only one seventh of Norway’s oil and gas income and pays for England’s debt
Some initial thoughts on 2024 Gers figures. By Malachi Malagrowther From https://www.gov.scot/publications/government-expenditure-revenue-scotland-gers-2023-24/ you will note that we are debited £8.352 billion expenditure for Reserved (UK) public sector debt interest plus £4.642 billion as our geographic share of UK defence expenditure. It is interesting to compare these figures with Ireland’s latest budget. The Irish Government have committed to increase the Defence budget from €1.1 billion to €1.5 billion, by 2028, in order to fully implement the Action Plan. So, Scotland is charged three times as much under Gers https://www.military.ie/en/news-and-events/news/defence-forces-chief-of-staff-welcomes-historic-increase-in-defence-budget.html On Public Sector Debt, the “ballpark” figure was provided by Department of Finance … Continue reading 2024 GERS – How Scotland gets only one seventh of Norway’s oil and gas income and pays for England’s debt
