£11bn Lower Thames Crossing – Put simply, in the end, Scotland still pays for another capital project it does not benefit from
Yesterday, I wrote a post: Never mind Barnett, the Lower Thames Crossing to cost Scots taxpayers between £300m and £1bn! The full AI-assisted argument is at: https://talkingupscotlandtwo.com/2026/07/12/never-mind-barnett-the-lower-thames-crossing-to-cost-scots-taxpayers-between-300m-and-1bn/ In a comment, rogercolkett wrote While it’s clear that the UK government tends to spend more on big projects in the south of England than elsewhere, it’s not true that Scots are paying for it through their taxes. UK government expenditure is not funded by taxes or anything else. UK government expenditure works by instructing the Bank of England to create the money required and credit it to the relevant payee, just as … Continue reading £11bn Lower Thames Crossing – Put simply, in the end, Scotland still pays for another capital project it does not benefit from
