Monday, 27 July 2020

An open letter to the Financial Times Editor.


I read your editorial on the imminent demise of  the failed UK Parliamentary Union with a shake of my head and some bitter laughter.

Please explain the basic piece of accounting that says England subsidises Scotland?

The reason I ask is that in an average year Scotland gets back around 43% of what we put into the UK Treasury, not including the salted away “extra territorial income” from the Scottish North Sea and North Western Atlantic oil and gas fields.

For England to be “subsidising” Scotland, Scotland would need to be getting more than 100% of what we put into the UK tax pot  (+ extraterritorial income), this is clearly not the case.

Then there is the small issue of the UK Treasury’s £10 billion of borrowing on Scotland’s behalf to help out the Covid pandemic’s economic stresses of which Scotland only saw £3 billion
The "too wee, too poor, too small” argument is long gone; so far gone the stables have been redeveloped into a children’s farm.

There is no escape from the reality Mr Johnson’s recent “Scotch invasion” was an utter failure which saw him once more exiting through back gates from sealed off photo opportunities to avoid protests against his incompetence. Any other of the current UK ministers would fare no better, Mr Gove - a fair deal worse - while statements from the Secretary of State for Scotland are deafening in their silence

As for health and education, methinks the Tories and other Unionists need to remove the beam from their own eye before picking at the SNP splinters.

Support for London based parties in Scotland is melting like "snaw aff a dyke” to the point the Unionist politicians are more interested in fighting each other over the remaining unionist vote share than the SNP.

Yours sincerely,

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