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In reply to the discussion: Formal countdown begins for Scottish vote that could break up United Kingdom [View all]pampango
(24,692 posts)In February 2012, the Centre for Economics and Business Research concluded that "Scotland receives no net subsidy" from the UK, as greater per capita tax generation in Scotland balanced out greater per capita public spending. More recent data, from 201213, show that Scotland generated 9.1% (£53.1bn; this included a geographical share of North Sea oil revenue without it, the figures were 8.2% and £47.6bn) of the UK's tax revenues and received 9.3% (£65.2bn) of spending. Scotland's public spending deficit in 201213 was £12bn, a £3.5bn increase on the previous year; over the same period, the UK's deficit decreased by £2.6bn. Over the past thirty years, Scotland contributed a relative budget surplus of almost £20billion to the UK economy.
In 2012, total Scottish exports (excluding intra-UK trade) were estimated to be £26 billion, of which 59% (£15.4 billion) were attributable to manufacturing. ... Scotland's Gross Domestic Product (GDP), including oil and gas produced in Scottish waters, was estimated at £150 billion for the calendar year 2012. If Scotland became independent, it would hold 95% of the UK's current oil and gas reserves if they were split geographically using a median line from the English-Scottish border. If the reserves were split by population, that figure would be reduced to 9%. Scotland also has renewable energy potential, especially in tidal energy and offshore wind.
Scottish waters consist of a large sector of the North Atlantic and the North Sea, containing the largest oil reserves in the European Union. This has given Aberdeen, the third-largest city in Scotland, the title of Europe's oil capital.
Scotland's legal system has remained separate from those of England and Wales and Northern Ireland, and Scotland constitutes a distinct jurisdiction in public and private law. The continued existence of legal, educational and religious institutions distinct from those in the remainder of the UK have all contributed to the continuation of Scottish culture and national identity since the 1707 Union. In 1999, a devolved legislature, the Scottish Parliament, was reconvened with authority over many areas of home affairs following a referendum in 1997. In May 2011, the Scottish National Party won an overall majority in the Scottish Parliament. As a result, a referendum on independence will take place on 18 September 2014.
http://en.wikipedia.org/wiki/Scotland#Economy_and_infrastructure
I hope the vote goes against separation from the UK. Scotland has a lot of autonomy already.
I wonder if the UKIP folks see the irony of some in Scotland wanting to leave the UK, while UKIP wants the UK to leave the EU. OTOH, such an event would lead to greater "ethnic purity" in Scotland and England (assuming Scots consider themselves a distinct ethnic group?). And "ethnic purity" is a concept that any good conservative can get behind.