Scotland’s large natural resources yet the poverty and austerity that much of its population endures
By Jim Stamper With Scotland’s population just over 8% of the UK’s, Scotland effectively gives over 90% of the income from our oil and gas to the rest of the UK. With the Scottish Stock Exchange amalgamated into the London Stock Exchange in 1973 conveniently no income is allocated as coming from Scotland. Also, according to National Grid statistics, up to 3.5 Gigawatts of electricity can be transferred between Scotland and England, 90% going from Scotland to England. Also a proposal exists to construct a link enabling the transport of up to 2GW of energy from Scotland’s renewable energy reserves … Continue reading Scotland’s large natural resources yet the poverty and austerity that much of its population endures
