A TORY minister’s admission that North Sea oil revenues are funding billions in cost of living support for “every household” has exposed the myth of Scotland being subsidised by the rest of the UK, an MSP has said.
Appearing before a Holyrood committee, UK Energy Secretary Graham Stuart was grilled on why profits from Scotland’s oil and gas activity could not be used to prevent the closure of Grangemouth refinery.
In response he said: “Of course the oil and gas industry is in Scotland, but it is part of one United Kingdom, of course it comes in tax receipts to the Government and has allowed the Government to subsidise Scottish and every other households’ energy bills over the last few years.”
He went on: “It totals about – the expectation is between 22 and 25 the cost of living support will be more than £104 billion.”
Stuart made the comments as he appeared before MSPs on Holyrood’s Economy and Fair Work Committee.
Ash Regan, Holyrood leader for the Alba Party, told The National: “Last year Scotland sent record oil and gas revenues to Westminster and tens of billions will continue to flow to the UK treasury for years to come.
“Our energy bounty is so vast that the Labour Party said previously they would use Scotland’s oil to fund a council tax freeze for every home in England.
“Now we have a Tory UK minister confirming to us that it has been the revenues from Scotland’s oil and gas that has been funding energy support for every single house across the entire UK.”
She added: “The UK Government have let the cat out of the bag, it has always been a myth that Scotland is subsidised by the rest of the UK, in actual fact Westminster tanked the UK economy and caused a cost of living crisis and it’s Scotland’s natural resources that are being seized to subsidise the rest of the UK.”
I canny stand Ash Regan, but she’s correct on this matter.
As per usual Scotlands oil getting sucked dry, to fund Tory vote grabbing schemes.
The oil is Scotlands, and belongs in the ground where it doesn’t harm anything.
But oil revenues are included in GERS deficit anyway, so a non story.
The English politicians lied to us?
Oh no, does that mean our devolved powers they promised us also aren’t coming? /s
Now dear listeners, all sitting comfortably?
Let us begin…..
We were just posting why Norway can fund free education and superior healthcare whilst being a small independent North European Nation. Who opened a sovereign wealth fund which now tops $1trillion for their oil and gas revenue.
Look now at Scotland…
the delusional, they are many on here! Try to tell us the rather than save Scotlands’ oil wealth for our own and our children’s future it’s been much better to give it away as tax cuts and subsidies to our friends in the South. In return we get austerity and, yes AND a share of the UKs £2.5 Trillion debt mountain 🏔️.
But more…
Some people think that Scotland would be better off independent….🏴 Yeay!!! But apparently we’re better off’ together 😂😂😂 These same fantasists now believe a man called Keir is coming, not to carry on robbing us blind but to save us!!! From ourselves!!!! By carrying on the good work of the Tory party. But then they think SLab is a political party!! 🧐🧐🧐
💤 Good night, sleep tight and don’t let the bed bugs bite 💤💤💤💤💤
No change since the Highland clearances, they displaced the people because it was more profitable to have sheep, then moved them again because they found oil. Stealing Scotlands natural resources to fund their occupations. Have a read at “the cheviot, the stag and the black, Black oil.”
Water is next
Theres no question that ~~North~~ Scottish Sea Oil provides a wonderful boon…for someone
Whether this actually gets to a real life household who knows – minister admits this is amateurish attempt at optics which backfires because of the “England pays for you” narrative
Taxes fund a country? Well fuck the bed
News flash, British assets go towards British people. TORY involved! SNP complain!
As long as Scotland has oil it will always a vassal territory for Westminster.
Shocking!, said no one in Scotland.
It’s always some laugh, isn’t it?
Well who knew? We’ve been keeping the U.K. afloat since the 70s.
15 comments
A TORY minister’s admission that North Sea oil revenues are funding billions in cost of living support for “every household” has exposed the myth of Scotland being subsidised by the rest of the UK, an MSP has said.
Appearing before a Holyrood committee, UK Energy Secretary Graham Stuart was grilled on why profits from Scotland’s oil and gas activity could not be used to prevent the closure of Grangemouth refinery.
In response he said: “Of course the oil and gas industry is in Scotland, but it is part of one United Kingdom, of course it comes in tax receipts to the Government and has allowed the Government to subsidise Scottish and every other households’ energy bills over the last few years.”
He went on: “It totals about – the expectation is between 22 and 25 the cost of living support will be more than £104 billion.”
Stuart made the comments as he appeared before MSPs on Holyrood’s Economy and Fair Work Committee.
Ash Regan, Holyrood leader for the Alba Party, told The National: “Last year Scotland sent record oil and gas revenues to Westminster and tens of billions will continue to flow to the UK treasury for years to come.
“Our energy bounty is so vast that the Labour Party said previously they would use Scotland’s oil to fund a council tax freeze for every home in England.
“Now we have a Tory UK minister confirming to us that it has been the revenues from Scotland’s oil and gas that has been funding energy support for every single house across the entire UK.”
She added: “The UK Government have let the cat out of the bag, it has always been a myth that Scotland is subsidised by the rest of the UK, in actual fact Westminster tanked the UK economy and caused a cost of living crisis and it’s Scotland’s natural resources that are being seized to subsidise the rest of the UK.”
I canny stand Ash Regan, but she’s correct on this matter.
As per usual Scotlands oil getting sucked dry, to fund Tory vote grabbing schemes.
The oil is Scotlands, and belongs in the ground where it doesn’t harm anything.
But oil revenues are included in GERS deficit anyway, so a non story.
The English politicians lied to us?
Oh no, does that mean our devolved powers they promised us also aren’t coming? /s
Now dear listeners, all sitting comfortably?
Let us begin…..
We were just posting why Norway can fund free education and superior healthcare whilst being a small independent North European Nation. Who opened a sovereign wealth fund which now tops $1trillion for their oil and gas revenue.
Look now at Scotland…
the delusional, they are many on here! Try to tell us the rather than save Scotlands’ oil wealth for our own and our children’s future it’s been much better to give it away as tax cuts and subsidies to our friends in the South. In return we get austerity and, yes AND a share of the UKs £2.5 Trillion debt mountain 🏔️.
But more…
Some people think that Scotland would be better off independent….🏴 Yeay!!! But apparently we’re better off’ together 😂😂😂 These same fantasists now believe a man called Keir is coming, not to carry on robbing us blind but to save us!!! From ourselves!!!! By carrying on the good work of the Tory party. But then they think SLab is a political party!! 🧐🧐🧐
💤 Good night, sleep tight and don’t let the bed bugs bite 💤💤💤💤💤
No change since the Highland clearances, they displaced the people because it was more profitable to have sheep, then moved them again because they found oil. Stealing Scotlands natural resources to fund their occupations. Have a read at “the cheviot, the stag and the black, Black oil.”
Water is next
Theres no question that ~~North~~ Scottish Sea Oil provides a wonderful boon…for someone
Whether this actually gets to a real life household who knows – minister admits this is amateurish attempt at optics which backfires because of the “England pays for you” narrative
Taxes fund a country? Well fuck the bed
News flash, British assets go towards British people. TORY involved! SNP complain!
As long as Scotland has oil it will always a vassal territory for Westminster.
Shocking!, said no one in Scotland.
It’s always some laugh, isn’t it?
Well who knew? We’ve been keeping the U.K. afloat since the 70s.