GERS – Oil revenues rise, Scotland’s illustrative deficit as part of the UK falls

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Business for Scotland
GERS – Oil revenues rise, Scotland’s illustrative deficit as part of the UK falls

Scotland’s oil revenues have jumped by more than £1billion, according to figures released today. The latest Government Expenditure and Revenue Scotland (GERS) statistics show a rise from £266 million in 2016/17 to £1,327 million in 2017/18. Meanwhile, onshore tax take increased by a healthy £2 billion, taking total Government revenue to £60 billion. The figures […] The post GERS – Oil revenues rise, Scotland’s illustrative deficit as part of the UK falls appeared first on Business for Scotland.

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Business for Scotland
GERS – Oil revenues rise, Scotland’s illustrative deficit as part of the UK falls