how rich is scotland compared to england

Indeed, the Republic of Ireland and her people can consequently be defined as Roman Catholic and republican (qua anti-monarchy). Those closest to the problems would be blinded by the circumstances. We all have to vote YES to remove these WMD as it is slowly killing us and our children, another reason they wanted to keep us “better together” let the WMD kill us …go figure, […] Stop London sucking the money out of Scotland […]. BTW guys, corporate headquarters and production are not generally co-located … that was the 1800s! << Mysister-in-law who lives in Donegal, Ireland, still gets her British widows pension through my deceased brother’s contributions,who was Scottish. Other major cities include Birmingham, Manchester, Sheffield, Liverpool, Newcastle and Leeds. ". For example, more than 12% of jobs in Reading and Milton Keynes are in high-income senior management roles, which pay an average £915 per week in the UK. Figure 1: Central Government Debt and Long-Term Interest Rates 2012. When did this quiet takeover happen. Go further, discover our cultural survey tool, the Culture Compass™ or join our open programme Introduction to Cross-Cultural Management. We have already seen this, take the Dennis Heally interview for Hollyrood magazine which was brushed under the carpet as it included Heally’s admission of Labour collusion in the cover up to bury Gavin McCrone’s report on the economic impact of North Sea oil for Scotland’s economy in the 70s. Where does Scotland’s wealth go? Where is it retained? If these propositions are correct, then what is good about them? Cost of Living Comparison Between United Kingdom and Ireland . the "leading players in debates tend to be further to the left when compared … Source: United Nations Office on Drugs and Crime http://www.scotland.gov.uk/Resource/0043/00434502.pdf, I have also asked Rachel Holmes, A financial expert who contributes articles for Business and who has discussed pensions to provide her understanding (my question is in the comments). The economy of Scotland had an estimated nominal gross domestic product (GDP) of up to £170 billion in 2018. Also Scotland’s north east is (perhaps not surprisingly) one of the best performing economic areas in the UK. In this piece, I argue that the debates over an independent Scotland’s ability to be economically self-sufficient and prosperous are unduly concerned with the facticity of competing claims, which obscures important ethical concerns. Asking your average Scottish man or woman to work seven years longer than his healthily life expectancy is asking a bit much. Just that our voice is barely heard since its via Westminster. “Cheaper prescription charges and free higher education” Andrea you can add to that frozen council tax and free bus passes for the elderly, Scottish Water and the Scottish NHS not being privatised and quite a lot more – ALL of these are a result of devolution. Scotland and England are two beautiful regions in UK that would be perfect for a … Data is originally sourced from either criminal justice or public health systems. According to a 2011 paper asking: "Is Scotland more left-wing than England?" When you signed up and served, your contract was made with the Westminster government, no-one else, they will continue to pay your pension. The financial sector makes a positive contribution to Scotland’s economy as a whole. The Jimmy Reid Foundation, a new and increasingly well respected think-tank, published a report in June 2013 demonstrating this wealth drain and the resulting under-performance of Scotland’s economy. © Copyright 2010-2020 Full Fact. The United Kingdom has historically played a leading role in developing parliamentary democracy and in advancing literature and science. At its zenith in the 19th century, the British Empire stretched over one-fourth of the earth's surface. happening to Scotlands revenue. What could we achieve then? see link The SNP know that. Now I know why. Here’s some stats from one of the same source for you to digest …, https://www.gov.uk/government/publications/income-and-tax-by-parliamentary-constituency-2010-to-2011. Run these numbers without the Oil revenue. We all pay for our state pension throughout our working life, but it is not paid into a fund, the government uses this income in part to pay for ongoing state pensions. A month earlier, I made the same point on this blog when I wrote about Scotland’s economy going south. Can BfS please encourage Scottish Companies to take on this type of businesses on. I cannot find any Scottish Companies to change to. Question Time on 11 October 2018 came from Edinburgh. A distinction worth noting is that oil won’t actually ‘run out’, it will simply become unprofitable to extract any more. In other words, the cost of extraction will be a price higher than anyone will be willing to pay. I find it interesting that with all the engineering and offshore expertise in Aberdeen, the Scottish government decided that Glasgow should be the center of excellence for renewables. However as we have every year for thirty years generated more tax per head the rest of the UK (9.9% last year) then when it comes to paying that debt back we have to pay back 9.9% of it so we borrow £930,000 and pay back £990,000 (before interest). Another well researched and well written article. But take away that subsidy and there would likely be massive depopulation. It is clear to see that London and the south are by far the wealthiest parts of the UK. (See ‘Where does Scotland’s wealth go?’) […], […] https://www.businessforscotland.com/where-does-scotlands-wealth-go/ […]. Tony the map is one of many sources of information that prove that the wealth of the UK is concentrated in and around London and the South East, I could provide all the evidence but it would need 10 times the space on the blog and I don’t thank ,many would read it. The “office in Aberdeen” is the headquarters of BP Exploration in the North Sea. So with cheaper prescription charges and free higher education, you think Scotland is still in a worse position than the rest of the UK. It doesn’t matter what nationality you are! The country you live in has absolutely no bearing on your pension. That’s estimating the value of all goods and services produced in Scotland, excluding North Sea oil and gas, and comparing it with the growth rate of the UK as a whole, including North Sea oil and gas. Each one makes the case for independence more compelling. The rocks of Scotland have formed over a time span of billions of years, with a series of different plate tectonic events over time resulting in a wide variety of rock types. But how rich is it, really? Privacy, terms and conditions. But, we like hammering things home, so let’s look at Germany instead. Ah but the NHS would be safe – well no. 6975984) limited by guarantee and registered in England and Wales. It has a total area of 130,279 km2. Remember Diageo’s vodka production for the UK is also in Scotland. An increasing proportion of the Scottish government’s budget also comes from taxes it raises. Possibly more worryingly healthy life expectancy in Scotland is only 59.5 years. You have a talent for writing that should, in a fair and just world be expressing itself in the mainstream media. A small village of digs for workers was built near Port Avadie on the west coast where they were to tap a load of oil. Why is benefits not a devolved power and still wouldn't be with Devo Max? I am writing a blog on the No Campaign’s ridiculous position on borders this week and yes any trade barriers (illegal under EU law anyway) would means billions in lost trade for rUK head quartered business who export four thousand million pounds worth of goods and services to Scotland per month. As I understand it, if the tax take is more or less than the amount required to exactly cover the amount borrowed plus interest then any shortfall is added to next years borrowing, and any excess is used to pay off carried forward debt. So much for the facts, but what of the moral and ethical nature of the present stage in Scottish constitutional (re-)specification? You lot had your chance to leave the Uk and you didn’t so sit back stop moaning and get on with it! The Organisation for Economic Co-operation and Development (OECD) library gives oil production figures for the UAE. His coordination is about more efficient use of the various companies, equipment, in order that as a whole the oil companies will be more financially efficient. Council areas . At his first Prime Minister’s questions, Boris Johnson made an incorrect claim about Scottish taxes. http://www.oilofscotland.org/mccronereport.pdf, “it is hard to see any conclusion other than The Glasgow effect refers to the low life expectancy and poor health of residents of Glasgow, Scotland, compared to the rest of the United Kingdom and Europe. I know numerous people who go on and on about how not voting yes is somehow backstabbing our country, when simply, they’re spouting random facts that are pumped out that all seem like they’ve sat down, watched Braveheart and went “to hell with this”. We have renewed our commitment to ... compared to 28.4 in 1975. They all use bluster and bull to hide the true facts. Scotland is home to a unique combination of assets with which to build a prosperous and wealthy nation. I just want what is best for my family, yet I can’t help feeling a little duped (not by number’s, your statistics show that), but by coincidently having extra money put into health/fitness/sports in the year we have the Commonwealth Games to hopefully generate a buzz if Scotland win some medals or letting 16 year old’s vote for the first time ever. Where does Scotland’s wealth go? One thing that has been a constant throughout history is that if a product is in demand and it becomes scarce, it’s price will rocket. Same for the many Irish citizens who worked in the UK Civil Service or who paid UK contributions. My main worry is that they will not have the same methods in place to do so and that in future years if everything goes wrong they may be unable to do so. Contrast all this with the EU, which has always aimed towards pooling players to bring about mutual economic success. That’s fine, Jareth; show your working now. We’ve got to make do with what we’ve got – limit resources, determination and the rightful cause. One reason you can be in favour of independence because of consequential economic benefits. Scotland and England are part of United Kingdom. One aspect is new, though: the ease of exporting capital makes even London subject to capital leakages because of the expansion in offshore tax havens and the removal of government control over capital flows. 15. SEEMPLES**. The consequences for Scotland by remaining the disadvantaged member of an economically abusive union are, at best, more of the same, or at worst an acceleration of the wealth siphon from north to south. We'll show you the perimeters of two different countries on the same map. Here is the lesson of history: the French Revolution, the October Revolution and Iraq all show the same processes at work. Norway which provides a good benchmark for Scotland as an independent country is currently the lest indebted nation in the worked with debts as a net % of GDP at at amazing -165.508%. The main thing is never to crumble before these deceivers like Darling. I agree Gordon, It becomes more and more difficult to see the integrity of No Camp arguments in relation to issues around borders. Indeed, Habermas has urged the need for a comprehensive EU Constitution so as to reach that end. MUCH. For example, courtesy of Prof Brian Ashcroft we know that in the oil and gas sector this amounts to around £18bn or 70% of all post tax profits! YES for Scotland! Scotland spends 20% more per head on public services than England. The UK government would no longer pay pension for these individuals. Whether you are a free-market capitalist (“right wing”) or a socialist (“left wing”), you can accept that logic. Nov 23, 2018 ... the lifespans of women in the most deprived areas of England is shrinking, reports ... compared … For example, solar cost $72 per watt in 1972, yet it’s only $1 today. We are already in the EU. Although, those living in Scotland on approximately £15,000 are expected to pay £20.49 less on tax than their southern counterparts. On a visit to Scotland in February 2012 David Cameron made a token reference to 300 years of partnership, but defended the Union largely on the grounds that it provides value for money. The figures, which include property, cash, equities and business interests owned by individuals, reveal that the UK is also the fourth richest in terms … But this money comes from the block grant from the UK Treasury, rather than from England specifically. Scotland, it is claimed, would benefit from its oil-rich territory; and be able to compete in an aggressive international marketplace to attract corporations to invest their capital in Scotland and her people. I suppose Scotland subsidises the free university Tuition fees that England and Wales enjoy? If after a year, the UK Government has to pay £2 in interest on that £100, then the total debt becomes £102. Social media is a key channel in delivering the facts, lets hope we can circulate the facts to as many voters as possible in order that they can make a truly informed decision on polling day. Healthcare. If the latter figure is correct, maybe Diageo’s HQ should remain in a global centre of commerce – one with world-class marketing and advertising expertise – rather than move to a Scottish city. to be seen,so that people understand what is really We have a duty to share concise fact based articles such as Gordon’s as we cannot rely on any notion of impartiality while London continues to keep a stranglehold over mainstream broadcast media. I have a similar degree to yourself and was always told to look at both sides of the argument. There is no reason why our child poverty rates should be so much higher than many other European countries. There are also valid arguments about identity and self-government that do not turn on, and do not advocate, strong forms of economic self-preference. England is bordered by Wales to the west and Scotland to the north. UK economic security has ultimately secured the Scottish economy. And I really appreciate that this site welcomes different voices to comment fully and people respond with cogent arguments not with petty dismissals. The bottom line is usually a fair persuader. Why would you run the figures without oil???? […] Where does Scotland’s wealth go (if it doesn't stay here)? What is the Income Tax generated and what is the Benefits bill. Yorkshire & Humber is a decent comparison. The White Paper is optimistic on this point. For major cities in those countries you get more relevant data by specifying cities. How can that be justified? When I was nursing in paediatrics I remember consultants talking about the increased cases in childhood leukemia and its relation to trident. (Except, of course, when there’s a war on, when we become the Fighting Jocks.). So yes the Scottish government has been very competent on issue such as tuition fees and Council Tax but with full economic powers and Scotland’s extra tax revenue available to the Scottish people we could do so much more, almost regardless of what political party was in charge. The latest figures taken from the Government Expenditure and Revenue Report Scotland (GERS) state that Scotland generated £800 more in tax per person than the UK average. The UK is in deficit and has generated debts in the trillions have a look at this its quite interesting http://www.debtbombshell.com/widget.htm. The number of people in relative poverty after housing costs in Scotland had been falling since the late 1990s but data of recent years shows a continuous increase since 2009-12. I’ve recently left the armed Forces and am in receipt of a pension paid by the UK Govt. Tony if you read the comment you pasted from my blog you will see that its say that it is “one of many sources that prove”. Italy and United Kingdom living comparison. BY Shaunacy Ferro. We are therefore cheated out of 6.149bn 1158683) and a non-profit company (no. Setting aside, for one moment, the illegality of any such move under EU law. Our population is 8.4% of UK so we would inherit a lot less of the UK debt as an independent nation (8.4%) than we would have to pay back if we vote NO (9.9%) – ipso facto a no vote costs the Scottish tax payer £1.4bn+ in debt repayments. You can judge a nation by the way it treats its most vulnerable citizens. Interesting post, however, like all these for & against statements they only tell you the bits they want. Over the … The South, hence the blue map showing millionaires concentrated in this area. If the UK treasury borrows (for ease of calculation) £10million and spends 9.3% of it in Scotland, then we get £930,000 pounds to spend. Now look again at the first map and ask yourself, “why doesn’t Scotland’s wealth stay in Scotland”? Our deficit is a smaller % of GDP 5% than the UK’s 7% so we would be able to pay back our debts earlier if we chose to do so as an independent nation. Nevertheless, and especially with respect to oil, it tends towards that relationship; and, so much for the facts, we do see arguments from the “yes” campaign that either have that structure, or are, even more commonly, indifferent to/silent on the issue of third-country economic deficits that may occur post-independence. Scotland’s life expectancy compared to the rest of the UK. To be clear, I don’t favour the UK as a “unit of loyalty” – there is no special case for the UK. Relative to England and Wales, the excess is only partially explained by area deprivation. etc. This would make Scotland the 14th richest country in the OECD, the party added. I do not see ONE reason why Scotland should remain in union, think about it, Scotland got Oil, Agricultural Land, Tourism industry, Peace, and most of all world’s largest exports of Scotch Whiskey, Without over complicating the issue this data when taken with all other wealth and income statistics that look at wealth/income distribution within the UK confirms that wealth is centralised around London. The union drains wealth from Scotland. But if an independent Scotland takes full ownership of this resource, then its fruits will no longer benefit the remainder of the UK. New technologies also allow you extract from ever tougher environments. Topics covered included Universal Credit, Brexit, education in Scotland and whether it was quicker to order pizza or drugs. What the Donald Dewar who along with Blair readjusted the maritime border with England to try and rob Scotland of the Argyle oilfield and 6 others? Pls share your thoughts with all yes sceptics. Interesting article and one that proves scotland can be independent and I thoroughly support it! One of my next blogs will be on wealth inequality and the social economic failings of unequal societies such as the UK. It is so obvious that the majority of english voters would want the same thing for themselves. You say Scotland is propped up by the UK exchequer. 1.30 in every 100,000 people are murdered annually in Portugal compared to 1.00 in United Kingdom. You need someone with the ability for overview and objective insight to be finding the solutions. If I’ve got it right, then the figures are pretty dramatic…, As I understand it, if the UK Government borrows £100 to cover the current year’s spending, then £9.30 of that is spent in Scotland and the remaining £90.70 is spent in the rest of the UK. […]. The current Westminster system leaves many Scots children in poverty and growing up in a culture of hopelessness. Scotland's total fertility rate is the lowest in the UK . What are the health outcomes? Here’s my quick attempt at calculating the effective APRs for Scotland and rUK. The UK govt. Since the Acts of Union 1707, Scotland's economy has been closely aligned with the economy of the rest of the United Kingdom (UK) and England has historically been its main trading partner. All these Spain and Malaysia examples are irrelevant. Drop the nationalist nomenclature, it is the lives and welfare of other people that are at stake. Now multiply that by 9.3 = 53.4515r. This entry contains the number of victims of an unlawful death purposefully inflicted on a person by another person. Seriously, a great article – but in a situation where the the London media, Westminster and the Union Jocks are now in full anti-independence Rottweiler mode and determined by fair means or foul to do our country down, those hard facts will never be mainstreamed. rUK would only be slightly worse off, as their effective rate would now be equal to the actual rate rUK is able to borrow at. But, in spite of relatively trivial trends in UK general elections, a move for independence at this stage in Scottish constitutional re-specification could be seen as introducing a covenant premised on greed. (see image below) This is despite the fact that wealth creation is more evenly spread across the UK – with Scotland the 3rd most prosperous area. As an ex member of HM Forces I’m due a full pension at some point and I’m in receipt of a war pension just now. Throughout the history of th Union the heavily populated London and home counties have decided who rules and governs the UK. According to the industry body UK Oil and Gas (London headquartered) 40% of Corporation tax from North Sea companies paid to treasury was related to selling expertise and exploration services abroad and not simply just related to the North Sea. Area - comparative: twice the size of Pennsylvania; slightly smaller than Oregon . Roll on a socialist Scotland. Gordon benefits (not suffers) from dyslexia, and is a proponent of the emerging New Economics School. if the Scottish government is the seat of power for those industries then they will want to be close to the seat of power – and maybe a 3% corporation tax cut will encourage then (to pay it as well as locate here). Not to the northern regions most in need. Ross your arguments are well structured and cogent. Scotland ran a deficit and was propped up by the UK exchequer. iScot’s per capita higher tax yield will provide better education, better health care and better welfare support more generally to the Scottish people. One example of this is evident in the latest release on Scotland’s Gross domestic product (GDP), which shows that Scotland produced £130bn onshore in the … It’s as simple as this … 59.6bn divided by 9.9 = 5.74 recurring. However, critics say that “positive destinations” is too broad a term to be meaningful, and in 2017 Tes Scotland revealed that it could include zero-hours contracts. How the market views lending to Scotland relative to lending to UK will determine if Scotland has to pay higher interest charges. How can anyone justly claim that is worth fighting for? It becomes clear that we are only better together if you believe that London is entitled to the lion’s share of Scotland’s wealth. ‘Per capita’ is quite clear here, isn’t it? He draws his Military pension there. I’m thinking now that it might be an easy step to conclude that we only need to be able to borrow as separate nation at less than 7% to be considerably better off. Enjoyed the article and if allof the content is 100% correct,count me in as a supporter. Some £1,441 is spent per head on education in Scotland compared to £1,360 in England. I urge that these ethical concerns should be taken seriously by even the most patriotic or nationalist sentiments, because the referendum – as part of the continuous (re-)evolution of Scotland and Scottish identity – threatens to defame the Scottish people with hubris and greed. The article above demonstrates just a few of the economic measures that are effected by the lack of self determination and the Blue map shows the wealth drain in terms of wealthiest families but the life expectancy map shows the impact of the wealth drain amongst the working classes. I ask this question somewhat rhetorically, but with a weak sense of agnosticism – the burden of proof is now on proponents of the economic argument. ... Outside of London and the South East of England, Scotland is recognised internationally as the most important financial centre in the UK. So the effective interest charge for a loan of £9.30 for a year is £0.798, which I think comes to 8.58%, Doing the same calculation for the rest of the UK gives a loan of £90.70 and a repayment of £91.902, so the effective interest charge is £0.202 which is an effective APR of 1.307%. Not just the south east but the South West as well. land: 348,672 sq km. To find out why we want our independence take a look at Wikipedia and find out what the GDP of England is (not so easy to find but worth persevering) then have a look at Scotland’s GDP and then you can tell us why you think Wikipedia is wrong cause I am sure you won’t believe it. Idea that the rest of the EU, which has always aimed towards pooling players to about... T got an answer as it makes no difference to the rest of the.... 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